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 / Fundersclub We8 LLC

Fundersclub We8 LLC

HarvestClosed to new capitalFundADV: Venture Capital FundFundersclub Inc.Delaware
Amounts, each with its basis
Vintage
2014basis: 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
$448,929what may be sold, not what was raised; file 021-228296, sworn by the adviser or filed under this vehicle
Form D sold
$448,929as of the filing of Nov 13, 2014, 43 investors
First sale
Oct 30, 2014
Reported GAV
$193,290on the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
44
Reported on ADV
Mar 31, 2016 to Mar 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2014-11-13: the stated $448,929 offering reported fully sold (fr-1)
evidence dated Nov 13, 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: 12first sale: 2014-10-30vintage year: $2,014adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $448,929form d offering usd: $448,929form d latest filed at: 2014-11-13
The fund's own reporting through time
9 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2016Venture Capital Fund$443,285
44$3,0000%no
Mar 27, 2017Venture Capital Fund$436,562
44$3,0000%no
Mar 30, 2018Venture Capital Fund$434,050
44$3,0000%no
Mar 31, 2019Venture Capital Fund$1.2M
44$3,0000%no
Mar 30, 2020Venture Capital Fund$1.2M
44$3,0000%no
Mar 31, 2021Venture Capital Fund$959,125
44$3,0000%no
Mar 30, 2022Venture Capital Fund$1.1M
44$3,0000%no
Mar 31, 2023Venture Capital Fund$1.2M
44$3,0000%no
Mar 30, 2024Venture Capital Fund$193,290
44$3,0000%no
Principals and agents
4 principals on Form D, 0 placement agents
  • Fundersclub Inc. Director
  • Boris Silver Executive Officer/Director
  • Alexander Mittal Executive Officer/Director
  • Fundersclub Management LLC Director
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
  1. Mar 31, 2016
    Fundersclub We8 LLC first reported on Form ADV by Fundersclub Inc. (Venture Capital Fund), GAV $443,285
    Fund 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)
  2. Nov 13, 2014
    FundersClub WE8 LLC filed Form D: $448,929 sold of $448,929, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle