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 / Sherpaeverest Fund, LP
Sherpaeverest Fund, LP
Amounts, each with its basis
- Vintage
- 2015basis: adv first reported
- 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
- $250Mwhat may be sold, not what was raised; file 021-229526, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Dec 5, 2014
- First sale
- unknown
- Reported GAV
- $83.4Mon the Form ADV filed Apr 16, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 129
- Reported on ADV
- Mar 31, 2015 to Apr 16, 2024
Fundraising evidence
Unknown
latest Form D 2014-12-05, older than 15 months (fr-1)
evidence dated Dec 5, 2014. 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: 11first sale: n/avintage year: $2,015adv gav as of: 2024-04-16vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $250Mform d latest filed at: 2014-12-05
The fund's own reporting through time
20 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2015 | Venture Capital Fund | $42.7M | 5 | $500,000 | 1% | no | |
| Jan 25, 2016 | Venture Capital Fund | $42.7M | 5 | $500,000 | 1% | no | |
| Mar 30, 2016 | Venture Capital Fund | $143M | 72 | $50,000 | 1% | yes | |
| Feb 16, 2017 | Venture Capital Fund | $151M | 40 | $50,000 | 1% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $164M | 40 | $50,000 | 1% | yes | |
| Dec 26, 2017 | Venture Capital Fund | $164M | 40 | $50,000 | 1% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $166M | 40 | $50,000 | 1% | yes | |
| Aug 29, 2018 | Venture Capital Fund | $166M | 40 | $50,000 | 1% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $157M | 129 | $50,000 | 1% | yes | |
| May 21, 2019 | Venture Capital Fund | $157M | 129 | $50,000 | 1% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $144M | 129 | $50,000 | 1% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $189M | 129 | $50,000 | 1% | yes | |
| Jan 7, 2022 | Venture Capital Fund | $189M | 129 | $50,000 | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $153M | 129 | $50,000 | 1% | yes | |
| Oct 19, 2022 | Venture Capital Fund | $153M | 129 | $50,000 | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $110M | 129 | $50,000 | 1% | yes | |
| May 31, 2023 | Venture Capital Fund | $110M | 129 | $50,000 | 1% | yes | |
| Aug 31, 2023 | Venture Capital Fund | $110M | 129 | $50,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $83.4M | 129 | $50,000 | 1% | yes | |
| Apr 16, 2024 | Venture Capital Fund | $83.4M | 129 | $50,000 | 1% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- Scott Stanford Director
- SherpaEverest Fund GP, LLC Director
- Shervin Pishevar Director
- Sherpa Ventures, LLC Promoter
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
2 events
- Mar 31, 2015Sherpaeverest Fund, LP first reported on Form ADV by Sherpa Ventures, LLC (Venture Capital Fund), GAV $42,700,000Fund 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)
- Dec 5, 2014SherpaEverest Fund, LP filed Form D: no sales yet of $250,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $250M Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 800 MARKET STREET, SUITE 800, SAN FRANCISCO, CA, 94102 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Dec 5, 2014 Fact SEC EDGAR Form D data sets (quarterly)