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 / Thvc (all), LLC
Thvc (all), LLC
Amounts, each with its basis
- Vintage
- 2020basis: 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
- $35.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-395426
- Form D sold
- $35.0Mas of the filing of Apr 12, 2021, 9 investors
- First sale
- Nov 25, 2020
- Reported GAV
- $38.5Mon the Form ADV filed Mar 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 9
- Reported on ADV
- Mar 31, 2021 to Mar 25, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-04-12: the stated $35.0M offering reported fully sold (fr-1)
evidence dated Apr 12, 2021. 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
Mature
vintage 4 to 7 years
age years: 6first sale: 2020-11-25vintage year: $2,020adv gav as of: 2024-03-25vintage basis: form_d_first_saleform d sold usd: $35.0Mform d offering usd: $35.0Mform d latest filed at: 2021-04-12
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $16.0M | 7 | $75,000 | 1% | no | |
| Mar 31, 2022 | Venture Capital Fund | $39.6M | 7 | $75,000 | 1% | no | |
| Mar 2, 2023 | Venture Capital Fund | $39.1M | 9 | $75,000 | 1% | no | |
| Mar 25, 2024 | Venture Capital Fund | $38.5M | 9 | $75,000 | 1% | no |
Principals and agents
2 principals on Form D, 0 placement agents
- Darren F. Hite Director
- Transformational Healthcare GP, 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
- Apr 12, 2021Thvc (all), LLC filed Form D: $35,000,000 sold of $35,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2021Thvc (all), LLC first reported on Form ADV by Thvc, LLC (Venture Capital Fund), GAV $15,957,942Fund 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)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $35.0M Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-11-25 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2384 UNION STREET, SAN FRANCISCO, CA, 94123 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)