DFX Intelligence
Costanoa Ventures IV, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +149%reported GAV
Reported gross assets rose from $243M to $604M between the Form ADV filings of 28 Mar 2024 and 27 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
- 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
- $225Mwhat may be sold, not what was raised; file 021-362393, sworn by the adviser or filed under this vehicle
- Form D sold
- $225Mas of the filing of Oct 8, 2021, 151 investors
- First sale
- Mar 11, 2020
- Reported GAV
- $604Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 148
- Reported on ADV
- Mar 30, 2021 to Mar 27, 2026
Fundraising evidence
What 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.Closed to new capital
Form D filed or amended 2021-10-08: the stated $225.0M offering reported fully sold (fr-1)
evidence dated Oct 8, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Mar 11, 2020vintage year: 2020adv gav as of: Mar 27, 2026vintage basis: Form d first saleform d sold: $225Mform d offering: $225Mform d latest filed at: Oct 8, 2021
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2021 | Venture Capital Fund | $106M | 92 | $25,000 | 10% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $239M | 150 | $25,000 | 5% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $243M | 150 | $25,000 | 5% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $243M | 148 | $25,000 | 5% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $604M | 148 | $25,000 | 5% |
Principals and agents
2 principals on Form D, 1 placement agents
- Costanoa Venture Partners IV, LLC Director
- Gregory P Sands Director
- Greenstone Placement Management FZ-LLC placement agent
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorKPMG · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · WALNUT CREEK, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · RALEIGH, North Carolina, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 allocators
What 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.3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Hawaii Employees' Retirement System | STATE RETIREMENT SYSTEM | $5.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Surdna Foundation Inc | FOUNDATION | $6.0M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Altec-Styslinger Foundation Inc | FOUNDATION | $2.2M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Oct 8, 2021Costanoa Ventures IV, L.P. filed Form D/A: $225,000,000 sold of $225,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 30, 2021Costanoa Ventures IV, L.P. first reported on Form ADV by Costanoa Ventures (Venture Capital Fund), GAV $105,618,754Fund first reported on Form ADV Fact Form ADV
- Mar 10, 2020Costanoa Ventures IV, L.P. filed Form D: no sales yet of $200,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Oct 8, 2021 Fact Form D
- Entity type: Limited Partnership Mar 10, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Oct 8, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Mar 10, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Oct 8, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 10, 2020 Fact Form D
- Amendment: false Fact Form D
- Amendment: true Oct 8, 2021 Fact Form D
- Amendment: false Mar 10, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 8, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 10, 2020 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Oct 8, 2021 Fact Form D
- Incorporated: withinFiveYears Mar 10, 2020 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Oct 8, 2021 Fact Form D
- Jurisdiction: Delaware Mar 10, 2020 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $225M Oct 8, 2021 Fact Form D
- Amount sold (Form D): $0 Mar 10, 2020 Fact Form D
- Offering amount (Form D): $200M Fact Form D
- Offering amount (Form D): $225M Oct 8, 2021 Fact Form D
- Offering amount (Form D): $200M Mar 10, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 8, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Mar 10, 2020 Fact Form D
- First sale: 2020-03-11 Oct 8, 2021 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 151 Oct 8, 2021 Fact Form D
- Investors (Form D): 0 Mar 10, 2020 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Oct 8, 2021 Fact Form D
- Minimum investment (Form D): 0 Mar 10, 2020 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Oct 8, 2021 Fact Form D
- Securities offered: pooled Mar 10, 2020 Fact Form D
- Office address: Fact Form D
- Office address: Oct 8, 2021 Fact Form D
- Office address: Mar 10, 2020 Fact Form D
- Year of incorporation: 2020 Fact Form D
- Year of incorporation: 2020 Oct 8, 2021 Fact Form D
- Year of incorporation: 2020 Mar 10, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Costanoa Ventures IV, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2021-10-08source on record
- Fund first reported on ADV2021-03-30source on record
- Form D filed2020-03-10source 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.