DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Mercury Fund Ventures IV, LP
Mercury Fund Ventures IV, LP
Amounts, each with its basis
- Vintage
- 2018basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $125Mwhat may be sold, not what was raised; file 021-314924, sworn by the adviser or filed under this vehicle
- Form D sold
- $82.3Mas of the filing of Jun 19, 2019, 85 investors
- First sale
- Jun 20, 2018
- Reported GAV
- $237Mon the Form ADV filed Mar 11, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 98
- Reported on ADV
- Mar 21, 2019 to Mar 11, 2024
Fundraising evidence
Unknown
latest Form D 2019-06-19, older than 15 months (fr-1)
evidence dated Jun 19, 2019. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 8first sale: 2018-06-20vintage year: $2,018adv gav as of: 2024-03-11vintage basis: form_d_first_saleform d sold usd: $82.3Mform d offering usd: $125Mform d latest filed at: 2019-06-19
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 21, 2019 | Venture Capital Fund | $5.4M | 83 | $100,000 | 2% | yes | |
| Mar 10, 2020 | Venture Capital Fund | $15.9M | 95 | $100,000 | 2% | yes | |
| Mar 23, 2021 | Venture Capital Fund | $61.5M | 98 | $100,000 | 2% | yes | |
| Mar 25, 2022 | Venture Capital Fund | $199M | 99 | $100,000 | 2% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $216M | 99 | $100,000 | 2% | yes | |
| Mar 11, 2024 | Venture Capital Fund | $237M | 98 | $100,000 | 2% | yes |
Principals and agents
4 principals on Form D, 1 placement agents
- Adrian M.C. Fortino Executive Officer
- Aziz a. Gilani Executive Officer
- Daniel M. Watkins Executive Officer
- M. Blair Garrou Executive Officer
- Bradley Woods & Co. Ltd. placement agent
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Jun 19, 2019Mercury Fund Ventures IV, L.P. filed Form D/A: $82,250,000 sold of $125,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 21, 2019Mercury Fund Ventures IV, LP first reported on Form ADV by Mercury Fund (Venture Capital Fund), GAV $5,351,599Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 19, 2018Mercury Fund Ventures IV, L.P. filed Form D: no sales yet of $125,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $82.3M Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $82.3M Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $125M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $125M Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $125M Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2018-06-20 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2018-06-20 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 85 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 85 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON, TX, 77098 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON, TX, 77098 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON, TX, 77098 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2018 Jun 19, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2018 Jun 19, 2018 Fact SEC EDGAR Form D data sets (quarterly)