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 / Section Ventures, LP

Section Ventures, LP

MatureUnknownFundADV: Venture Capital FundSection Partners Management, LLCDelaware
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
$30.0Mwhat may be sold, not what was raised; file 021-369024, sworn by the adviser or filed under this vehicle
Form D sold
$24.2Mas of the filing of Jun 16, 2021, 18 investors
First sale
Jun 16, 2020
Reported GAV
$31.5Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
37
Reported on ADV
Jun 29, 2021 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2021-06-16, older than 15 months (fr-1)
evidence dated Jun 16, 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: 2020-06-16vintage year: $2,020adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $24.2Mform d offering usd: $30.0Mform d latest filed at: 2021-06-16
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2021Venture Capital Fund$7.4M
24$50,0001%yes
Jun 29, 2021Venture Capital Fund$11.3M
24$50,0001%yes
Aug 3, 2021Venture Capital Fund$7.4M
24$50,0001%yes
Nov 10, 2021Venture Capital Fund$11.3M
24$50,0001%yes
Mar 31, 2022Venture Capital Fund$30.3M
37$50,0001%yes
Mar 27, 2023Venture Capital Fund$28.1M
37$50,0001%yes
Apr 12, 2023Venture Capital Fund$28.1M
37$50,0001%yes
Mar 27, 2024Venture Capital Fund$31.5M
37$50,0001%yes
Principals and agents
3 principals on Form D, 2 placement agents
  • John David Verron Crowder Executive Officer
  • Section Ventures Associates, LLC Executive Officer
  • Section Partners Management, LLC Executive Officer
  • Equus Financial Consulting, LLC placement agent
  • INTE Securities LLC dba TritonLake Limited placement agent
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
  1. Jun 16, 2021
    Section Ventures, LP filed Form D/A: $24,200,000 sold of $30,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 30, 2021
    Section Ventures, LP first reported on Form ADV by Section Capital Management, LP (Venture Capital Fund), GAV $7,407,261
    Fund 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)
  3. Jun 16, 2020
    Section Ventures, LP filed Form D: no sales yet of $30,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
46 observations
Every observation on this vehicle