DFX Intelligence
Archer II Piq, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 27 Jun 2022, Reported gross assets fell from $5.98M to $1.03M between the Form ADV filings of 30 Mar 2022 and 27 Jun 2022.
Drawing the relationship network…
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
- $3.0Mwhat may be sold, not what was raised; file 021-312309, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.0Mas of the filing of May 14, 2018, 1 investor
- First sale
- Apr 27, 2018
- Reported GAV
- $1.0Mon the Form ADV filed Jun 27, 2022; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Mar 30, 2022 to Jun 27, 2022
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.Closed to new capital
Form D filed or amended 2018-05-14: the stated $3.0M offering reported fully sold (fr-1)
evidence dated May 14, 2018.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 8first sale: Apr 27, 2018vintage year: 2018adv gav as of: Jun 27, 2022vintage basis: Form d first saleform d sold: $3.0Mform d offering: $3.0Mform d latest filed at: May 14, 2018
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Nov 2, 2018 | Venture Capital Fund | $3.0M | 1 | 0% | no | ||
| Apr 2, 2019 | Venture Capital Fund | $3.0M | 1 | 0% | no | ||
| Feb 6, 2020 | Venture Capital Fund | $3.0M | 1 | 0% | no | ||
| Mar 30, 2022 | Venture Capital Fund | $6.0M | 1 | $1.0M | 0% | no | |
| Jun 27, 2022 | Venture Capital Fund | $1.0M | 1 | $1.0M | 0% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Gregory Neil Martin Director
- John Lawrence Hadl Director
- Archer Venture Capital II GP, LLC Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Jun 27, 2022 sec.gov
- AdministratorCORNERSTONE FUND SERVICES · SANDY, Utah, United StatesForm ADV filed Feb 6, 2020 sec.gov
- CustodianSilicon Valley Bank · IRVINE, California, United StatesForm ADV filed Jun 27, 2022 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
3 events
- Mar 30, 2022Archer II Piq, LLC first reported on Form ADV by Archer Venture Capital Management LLC (Venture Capital Fund), GAV $5,975,225Fund first reported on Form ADV Fact Form ADV
- Nov 2, 2018Archer II Piq, LLC first reported on Form ADV by Archer Venture Capital II, LLC (Venture Capital Fund), GAV $3,000,000Fund first reported on Form ADV Fact Form ADV
- May 14, 2018Archer II PIQ, LLC filed Form D: $3,000,000 sold of $3,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company May 14, 2018 Fact Form D
- Form D fund type: Venture Capital Fund May 14, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund May 14, 2018 Fact Form D
- Amendment: false May 14, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose May 14, 2018 Fact Form D
- Incorporated: withinFiveYears May 14, 2018 Fact Form D
- Jurisdiction: Delaware May 14, 2018 Fact Form D
- Amount sold (Form D): $3.0M May 14, 2018 Fact Form D
- Offering amount (Form D): $3.0M May 14, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 14, 2018 Fact Form D
- First sale: 2018-04-27 May 14, 2018 Fact Form D
- Investors (Form D): 1 May 14, 2018 Fact Form D
- Minimum investment (Form D): 0 May 14, 2018 Fact Form D
- Securities offered: pooled May 14, 2018 Fact Form D
- Office address: May 14, 2018 Fact Form D
- Year of incorporation: 2018 May 14, 2018 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Archer II Piq, LLC is the same institution as 2 records in RIA and Wealth.
RIA and Wealth2
DFX found 2 relationships across 1 dataset
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-30source on record
- Fund first reported on ADV2018-11-02source on record
- Form D filed2018-05-14source 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.