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 / Sgv23, a Series of Sgv I, LLC
Sgv23, 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
- $1.1Mwhat may be sold, not what was raised; file 021-485191, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.1Mas of the filing of Jun 27, 2023, 56 investors
- First sale
- Jun 12, 2023
- Reported GAV
- $1.0Mon the Form ADV filed Mar 8, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 56
- Reported on ADV
- Mar 8, 2024 to Mar 8, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-06-27: the stated $1.1M offering reported fully sold (fr-1)
evidence dated Jun 27, 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: 2023-06-12vintage year: $2,023adv gav as of: 2024-03-08vintage basis: form_d_first_saleform d sold usd: $1.1Mform d offering usd: $1.1Mform d latest filed at: 2023-06-27
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 8, 2024 | Venture Capital Fund | $1.0M | 56 | $1,500 | 1% | no |
Principals and agents
1 principals on Form D, 1 placement agents
- HEM Suri Executive Officer/Director
- 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
- Mar 8, 2024Sgv23, a Series of Sgv I, LLC first reported on Form ADV by Spark Growth Ventures (Venture Capital Fund), GAV $1,010,000Fund 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)
- Jun 27, 2023SGV23, a series of SGV I, LLC filed Form D: $1,100,892 sold of $1,100,892, Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.1M Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.1M Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-06-12 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 56 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 6,000 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 13282 OCEAN VISTA ROAD, SAN DIEGO, CA, 92130 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Jun 27, 2023 Fact SEC EDGAR Form D data sets (quarterly)