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 / Congruent Ventures I, LP
Congruent Ventures I, LP
Amounts, each with its basis
- Vintage
- 2017basis: 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 021-279387, sworn by the adviser or filed under this vehicle
- Form D sold
- $37.0Mas of the filing of Jan 29, 2018, 7 investors
- First sale
- Jan 30, 2017
- Reported GAV
- $67.5Mon the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 11
- Reported on ADV
- Apr 7, 2017 to Mar 30, 2024
- Structure
- master
Fundraising evidence
Unknown
latest Form D 2018-01-29, older than 15 months (fr-1)
evidence dated Jan 29, 2018. 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: 9first sale: 2017-01-30vintage year: $2,017adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $37.0Mform d offering usd: $50.0Mform d latest filed at: 2018-01-29
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 7, 2017 | Venture Capital Fund | $24.0M | 3 | 42% | yes | ||
| Mar 28, 2018 | Venture Capital Fund | $35.1M | 6 | 28% | yes | ||
| Mar 18, 2019 | Venture Capital Fund | $41.9M | 6 | 28% | yes | ||
| Feb 28, 2020 | Venture Capital Fund | $50.9M | 11 | 0% | yes | ||
| Feb 18, 2021 | Venture Capital Fund | $67.5M | 11 | 0% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $101M | 11 | 0% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $89.7M | 11 | 0% | yes | ||
| Mar 30, 2024 | Venture Capital Fund | $67.5M | 11 | 0% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Joshua Posamentier Director
- Congruent Ventures GP, LLC Director
- Abraham Yokell Director
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
- Jan 29, 2018Congruent Ventures I, LP filed Form D/A: $37,000,000 sold of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Apr 7, 2017Congruent Ventures I, LP first reported on Form ADV by Congruent Management, LLC (Venture Capital Fund), GAV $24,000,000Fund 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)
- Jan 26, 2017Congruent Ventures I, LP filed Form D: no sales yet of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $37.0M Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-01-30 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 7 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 6114 LA SALLE AVENUE, SUITE 443, OAKLAND, CA, 94611 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 6114 LA SALLE AVENUE, SUITE 443, OAKLAND, CA, 94611 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Jan 29, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Jan 26, 2017 Fact SEC EDGAR Form D data sets (quarterly)