DFX Intelligence
Drive Capital Ignition Fund II LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +117%reported GAV
Reported gross assets rose from $6.18M to $13.4M between the Form ADV filings of 28 Mar 2024 and 17 Jun 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2016basis: 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
- $5.0Mwhat may be sold, not what was raised; file 021-276625, sworn by the adviser or filed under this vehicle
- Form D sold
- $4.9Mas of the filing of Dec 20, 2016, 14 investors
- First sale
- Dec 8, 2016
- Reported GAV
- $13.4Mon the Form ADV filed Jun 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 15
- Reported on ADV
- Apr 12, 2017 to Jun 17, 2026
Fundraising evidence
What counts as raisingA 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.Unknown
latest Form D 2016-12-20, older than 15 months (fr-1)
evidence dated Dec 20, 2016.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 10first sale: Dec 8, 2016vintage year: 2016adv gav as of: Jun 17, 2026vintage basis: Form d first saleform d sold: $4.9Mform d offering: $5.0Mform d latest filed at: Dec 20, 2016
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 12, 2017 | Venture Capital Fund | $4.9M | 17 | 0% | yes | ||
| Mar 9, 2018 | Venture Capital Fund | $1.2M | 15 | 0% | yes | ||
| May 1, 2018 | Venture Capital Fund | $1.2M | 15 | 0% | yes | ||
| Apr 25, 2019 | Venture Capital Fund | $2.2M | 15 | 0% | yes | ||
| Apr 8, 2020 | Venture Capital Fund | $7.0M | 15 | 0% | yes | ||
| Mar 31, 2021 | Venture Capital Fund | $8.7M | 15 | 0% | yes | ||
| Apr 27, 2021 | Venture Capital Fund | $8.7M | 15 | 0% | yes | ||
| Mar 29, 2022 | Venture Capital Fund | $12.5M | 15 | 0% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $5.0M | 15 | 0% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $6.2M | 15 | 0% | yes | ||
| Jun 17, 2026 | Venture Capital Fund | $13.4M | 15 | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- Mark Kvamme Executive Officer/Promoter
- Christopher Olsen Executive Officer/Promoter
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorDeloitte · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- AdministratorZEDRA · BEACHWOOD, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- CustodianTHE HUNTINGTON NATIONAL BANK · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
5 events
- May 14, 2026Administrator changed: ZEDRA replaced GRYPHON FUND GROUP, LLC, first reported on the Form ADV filed May 14, 2026 (previous filing March 27, 2026)Administrator changed Fact Form ADV
- Mar 29, 2022Administrator changed: GRYPHON FUND GROUP, LLC replaced WINBRIDGE, first reported on the Form ADV filed March 29, 2022 (previous filing April 27, 2021)Administrator changed Fact Form ADV
- Apr 25, 2019Administrator changed: WINBRIDGE replaced FSM CAPITAL MANAGEMENT LLC, first reported on the Form ADV filed April 25, 2019 (previous filing May 1, 2018)Administrator changed Fact Form ADV
- Apr 12, 2017Drive Capital Ignition Fund II LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $4,900,100Fund first reported on Form ADV Fact Form ADV
- Dec 20, 2016Drive Capital Ignition Fund II, L.P. filed Form D: $4,900,000 sold of $5,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 20, 2016 Fact Form D
- Form D fund type: Venture Capital Fund Dec 20, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 20, 2016 Fact Form D
- Amendment: false Dec 20, 2016 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 20, 2016 Fact Form D
- Incorporated: withinFiveYears Dec 20, 2016 Fact Form D
- Jurisdiction: Delaware Dec 20, 2016 Fact Form D
- Amount sold (Form D): $4.9M Dec 20, 2016 Fact Form D
- Offering amount (Form D): $5.0M Dec 20, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 20, 2016 Fact Form D
- First sale: 2016-12-08 Dec 20, 2016 Fact Form D
- Investors (Form D): 14 Dec 20, 2016 Fact Form D
- Minimum investment (Form D): 50,000 Dec 20, 2016 Fact Form D
- Securities offered: pooled Dec 20, 2016 Fact Form D
- Office address: Dec 20, 2016 Fact Form D
- Year of incorporation: 2016 Dec 20, 2016 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Drive Capital Ignition Fund II LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2017-04-12source on record
- Form D filed2016-12-20source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.