DFX Intelligence
Motivate Ventures Ai Fund II, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +90%reported GAV
Reported gross assets rose from $20.3M to $38.6M between the Form ADV filings of 26 Mar 2024 and 12 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $50.0Mwhat may be sold, not what was raised; file 021-440446, sworn by the adviser or filed under this vehicle
- Form D sold
- $19.8Mas of the filing of Nov 20, 2023, 36 investors
- First sale
- Apr 22, 2022
- Reported GAV
- $38.6Mon the Form ADV filed Mar 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 35
- Reported on ADV
- Mar 31, 2023 to Mar 12, 2026
Fundraising evidenceWhat counts as raisingA 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.
Unknown
latest Form D 2023-11-20, older than 15 months (fr-1)
evidence dated Nov 20, 2023.
LifecycleActive deployment
vintage 2 to 4 years
age years: 4first sale: Apr 22, 2022vintage year: 2022adv gav as of: Mar 12, 2026vintage basis: Form d first saleform d sold: $19.8Mform d offering: $50.0Mform d latest filed at: Nov 20, 2023
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $18.6M | 44 | $100,000 | 3% | yes | |
| Jun 28, 2023 | Venture Capital Fund | $18.5M | 35 | $100,000 | 3% | yes | |
| Mar 26, 2024 | Venture Capital Fund | $20.3M | 35 | $100,000 | 3% | yes | |
| Mar 12, 2026 | Venture Capital Fund | $38.6M | 35 | $100,000 | 3% |
Principals and agents
2 principals on Form D, 0 placement agents
- Lauren Deluca Executive Officer
- David Wieland Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorBaker Tilly · CHICAGO, Illinois, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- AdministratorJuniper Square · SAN FRANCISCO, California, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
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.
Known LPs and allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
4 events
- Mar 12, 2026Administrator changed: Juniper Square replaced MERITAGE ACCOUNTING GROUP, first reported on the Form ADV filed March 12, 2026 (previous filing March 24, 2025)Administrator changed Fact Form ADV
- Nov 20, 2023Motivate Ventures AI Fund II, LP filed Form D/A: $19,780,000 sold of $50,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 31, 2023Motivate Ventures Ai Fund II, LP first reported on Form ADV by Motivate Capital Management, LLC (Venture Capital Fund), GAV $18,630,000Fund first reported on Form ADV Fact Form ADV
- Apr 5, 2022Motivate Ventures AI Fund II, LP filed Form D: no sales yet of $50,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 20, 2023 Fact Form D
- Entity type: Limited Partnership Apr 5, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Nov 20, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Apr 5, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 20, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 5, 2022 Fact Form D
- Amendment: true Nov 20, 2023 Fact Form D
- Amendment: false Apr 5, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 20, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 5, 2022 Fact Form D
- Incorporated: withinFiveYears Nov 20, 2023 Fact Form D
- Incorporated: withinFiveYears Apr 5, 2022 Fact Form D
- Jurisdiction: Delaware Nov 20, 2023 Fact Form D
- Jurisdiction: Delaware Apr 5, 2022 Fact Form D
- Amount sold (Form D): $19.8M Nov 20, 2023 Fact Form D
- Amount sold (Form D): $0 Apr 5, 2022 Fact Form D
- Offering amount (Form D): $50.0M Nov 20, 2023 Fact Form D
- Offering amount (Form D): $50.0M Apr 5, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Nov 20, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Apr 5, 2022 Fact Form D
- First sale: 2022-04-22 Nov 20, 2023 Fact Form D
- Investors (Form D): 36 Nov 20, 2023 Fact Form D
- Investors (Form D): 0 Apr 5, 2022 Fact Form D
- Minimum investment (Form D): 100,000 Nov 20, 2023 Fact Form D
- Minimum investment (Form D): 100,000 Apr 5, 2022 Fact Form D
- Securities offered: Equity, pooled Nov 20, 2023 Fact Form D
- Securities offered: Equity, pooled Apr 5, 2022 Fact Form D
- Office address: Nov 20, 2023 Fact Form D
- Office address: Apr 5, 2022 Fact Form D
- Year of incorporation: 2022 Nov 20, 2023 Fact Form D
- Year of incorporation: 2022 Apr 5, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Motivate Ventures Ai Fund II, LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
3 dated events on the change ledger, latest event first
- Form D filed2023-11-20source on record
- Fund first reported on ADV2023-03-31source on record
- Form D filed2022-04-05source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.