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.
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Funds / S•• V••••••• I•• L•
S•• V••••••• I•• L•
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
- $125Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the adviser itself named on the filing, the general partner the adviser swears for this fund, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-273074
- Form D sold
- $68.2Mas of the filing of Oct 24, 2016, 38 investors
- First sale
- Oct 14, 2016
- Reported GAV
- $134Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 125
- Reported on ADV
- Mar 27, 2017 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2016-10-24, older than 15 months (fr-1)
evidence dated Oct 24, 2016. 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: 10first sale: 2016-10-14vintage year: $2,016adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $68.2Mform d offering usd: $125Mform d latest filed at: 2016-10-24
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2017 | Venture Capital Fund | $116M | 125 | $100,000 | 1% | no | |
| Jun 19, 2017 | Venture Capital Fund | $116M | 125 | $100,000 | 1% | no | |
| Mar 26, 2018 | Venture Capital Fund | $117M | 125 | $100,000 | 1% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $114M | 125 | $100,000 | 1% | yes | |
| Mar 31, 2020 | Venture Capital Fund | $121M | 125 | $100,000 | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $176M | 125 | $100,000 | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $161M | 125 | $100,000 | 1% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $155M | 125 | $100,000 | 1% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $134M | 125 | $100,000 | 1% | yes |
Principals and agents
6 principals on Form D, 0 placement agents
- S•• M••••••••• L•• Promoter
- D•••• G••••• Executive Officer/Director
- A•••• K••••• Executive Officer/Director
- D•••• K••••••••• Executive Officer/Director
- S•• G• I•• L•• Executive Officer/Promoter
- A••• K••••• Executive Officer/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
- Mar 27, 2017S•• V••••••• I•• L• first reported on Form ADV by S•• M••••••••• L•• (Venture Capital Fund), GAV $116,490,707Fund 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)
- Oct 24, 2016S•• V••••••• I•• L• filed Form D: $68,225,500 sold of $125,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $68.2M Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $125M Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2016-10-14 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 38 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 200 N. MANGUM STREET, SUITE 203, DURHAM, NC, 27701 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2016 Oct 24, 2016 Fact SEC EDGAR Form D data sets (quarterly)