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 / Softbank Capital Fund '14, L.P.
Softbank Capital Fund '14, L.P.
HarvestClosed to new capitalFundADV: Venture Capital FundLerer Hippeau Ventures Management, LLCDelaware
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
- $100Mwhat may be sold, not what was raised; file 021-224277, sworn by the adviser or filed under this vehicle
- Form D sold
- $100Mas of the filing of Sep 8, 2014, 1 investors
- First sale
- Aug 22, 2014
- Reported GAV
- $2.0Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 25, 2016 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2014-09-08: the stated $100.0M offering reported fully sold (fr-1)
evidence dated Sep 8, 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: 2014-08-22vintage year: $2,014adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $100Mform d offering usd: $100Mform d latest filed at: 2014-09-08
The fund's own reporting through time
12 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 1, 2015 | Venture Capital Fund | $99.7M | 2 | $1.0M | 100% | no | |
| Mar 25, 2016 | Venture Capital Fund | $43.4M | 1 | $1.0M | 1% | no | |
| May 8, 2017 | Venture Capital Fund | $50.1M | 1 | $1.0M | 1% | no | |
| Mar 28, 2018 | Venture Capital Fund | $41.5M | 2 | $45.5M | 1% | no | |
| Mar 20, 2019 | Venture Capital Fund | $40.7M | 2 | $45.5M | 1% | no | |
| Sep 24, 2019 | Venture Capital Fund | $40.7M | 2 | $45.5M | 1% | no | |
| Mar 30, 2020 | Venture Capital Fund | $35.7M | 2 | $45.5M | 1% | no | |
| Mar 26, 2021 | Venture Capital Fund | $19.1M | 2 | $45.5M | 1% | no | |
| Mar 31, 2022 | Venture Capital Fund | $17.4M | 2 | $45.5M | 1% | no | |
| Mar 31, 2023 | Venture Capital Fund | $6.6M | 2 | $45.5M | 1% | no | |
| Sep 8, 2023 | Venture Capital Fund | $6.6M | 2 | $45.5M | 1% | no | |
| Mar 29, 2024 | Venture Capital Fund | $2.0M | 2 | $45.5M | 1% | yes |
Principals and agents
9 principals on Form D, 0 placement agents
- Josh O. Lubov Director
- Ronald D. Fisher Director
- SB Capital '14, L.P. Promoter
- Joseph H. Medved Director
- Steven J. Murray Director
- Melanie M. Dyer Director
- Marissa a. Campise Director
- Softbank Corp. Promoter
- SB Capital Managers '14 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
3 events
- Jul 1, 2016Fund 7.0 no longer reported on Form ADV by Softbank CapitalFund no longer reported Inference SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 1, 2015Fund 7.0 first reported on Form ADV by Softbank Capital (Venture Capital Fund), GAV $99,711,502Fund 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)
- Sep 8, 2014SoftBank Capital Fund '14, L.P. filed Form D: $100,000,000 sold of $100,000,000, 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 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $100M Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $100M Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-08-22 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 1 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 38 GLEN AVENUE, NEWTON, MA, 02459 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Sep 8, 2014 Fact SEC EDGAR Form D data sets (quarterly)