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 / Sgv22, a Series of Sgv I, LLC

Sgv22, a Series of Sgv I, LLC

Active deploymentClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundSpark Growth VenturesDelaware
Amounts, each with its basis
Vintage
2023basis: 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
$2.7Mwhat may be sold, not what was raised; file 021-481770, sworn by the adviser or filed under this vehicle
Form D sold
$2.7Mas of the filing of May 16, 2023, 139 investors
First sale
May 4, 2023
Reported GAV
$2.9Mon the Form ADV filed Mar 8, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
139
Reported on ADV
Mar 8, 2024 to Mar 8, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-05-16: the stated $2.7M offering reported fully sold (fr-1)
evidence dated May 16, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-05-04vintage year: $2,023adv gav as of: 2024-03-08vintage basis: form_d_first_saleform d sold usd: $2.7Mform d offering usd: $2.7Mform d latest filed at: 2023-05-16
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 8, 2024Venture Capital Fund$2.9M
139$1,5001%no
Principals and agents
1 principals on Form D, 1 placement agents
  • HEM Suri Executive Officer/Director/Promoter
  • Regiment Securities, LLC 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
2 events
  1. Mar 8, 2024
    Sgv22, a Series of Sgv I, LLC first reported on Form ADV by Spark Growth Ventures (Venture Capital Fund), GAV $2,867,000
  2. May 16, 2023
    SGV22, a series of SGV I, LLC filed Form D: $2,705,400 sold of $2,705,400, Venture Capital Fund
Evidence
16 observations
Every observation on this vehicle