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 / Commerce Ventures V, L.P.
Commerce Ventures V, L.P.
Active deploymentClosed to new capitalFundADV: Venture Capital FundCommerce Ventures Management, LLCDelaware
Amounts, each with its basis
- Vintage
- 2023basis: 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
- $140Mwhat may be sold, not what was raised; file 021-508397, 021-489289, sworn by the adviser or filed under this vehicle
- Form D sold
- $140Mas of the filing of Mar 22, 2024, 49 investors
- First sale
- Aug 10, 2023
- Reported GAV
- unknown
- Owners (ADV)
- unknown
- Reported on ADV
- unknown
Fundraising evidence
Closed to new capital
Form D filed or amended 2024-03-22: the stated $140.0M offering reported fully sold (fr-1)
evidence dated Mar 22, 2024. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-08-10vintage year: $2,023adv gav as of: n/avintage basis: form_d_first_saleform d sold usd: $140Mform d offering usd: $140Mform d latest filed at: 2024-03-22
The fund's own reporting through time
0 Form ADV filings
No Form ADV reporting row: this vehicle is known from Form D only.
Principals and agents
3 principals on Form D, 0 placement agents
- Ysbrant Marcelis Executive Officer
- Daniel Rosen Executive Officer
- Matt Nichols Executive Officer
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
- Mar 22, 2024Commerce Ventures V, L.P. filed Form D: no sales yet of $10,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 22, 2024Commerce Ventures V, L.P. filed Form D/A: $140,015,000 sold of $140,015,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Aug 9, 2023Commerce Ventures V, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
36 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $140M Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $10.0M Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $140M Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $150M Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.7 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-08-10 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 49 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 604 MISSION STREET, SUITE 600, SAN FRANCISCO, CA, 94105 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 604 MISSION STREET, SUITE 600, SAN FRANCISCO, CA, 94105 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Mar 22, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Aug 9, 2023 Fact SEC EDGAR Form D data sets (quarterly)