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.
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Funds / T•••••• L••• B• I••••••••• L••
T•••••• L••• B• I••••••••• L••
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
- $5.0Mwhat may be sold, not what was raised; file 021-293680, sworn by the adviser or filed under this vehicle
- Form D sold
- $4.4Mas of the filing of Aug 29, 2017, 12 investors
- First sale
- Aug 11, 2017
- Reported GAV
- $51.2Mon the Form ADV filed Apr 8, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 15
- Reported on ADV
- Dec 22, 2021 to Apr 8, 2024
Fundraising evidence
Unknown
latest Form D 2017-08-29, older than 15 months (fr-1)
evidence dated Aug 29, 2017. 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: 2017-08-11vintage year: $2,017adv gav as of: 2024-04-08vintage basis: form_d_first_saleform d sold usd: $4.4Mform d offering usd: $5.0Mform d latest filed at: 2017-08-29
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 22, 2021 | Venture Capital Fund | $51.2M | 15 | $100,000 | 4% | yes | |
| Jul 6, 2022 | Venture Capital Fund | $51.2M | 15 | $100,000 | 4% | yes | |
| Jan 31, 2023 | Venture Capital Fund | $51.2M | 15 | $100,000 | 4% | yes | |
| Apr 8, 2024 | Venture Capital Fund | $51.2M | 15 | $100,000 | 4% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- T•••••• L••• M••••••••• L•• Executive Officer/Director/Promoter
- S•••• S• P•••••• Executive Officer/Director/Promoter
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
- Dec 22, 2021T•••••• L••• B• I••••••••• L•• first reported on Form ADV by T•••••• L••• C•••••• (Venture Capital Fund), GAV $51,203,684Fund 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)
- Aug 29, 2017T•••••• L••• BC Investors LLC filed Form D: $4,375,000 sold of $5,000,000, Pooled 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 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Investing Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $4.4M Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $5.0M Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-08-11 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 12 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 301 MISSION ST., APT. 6F, SAN FRANCISCO, CA, 94105 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Aug 29, 2017 Fact SEC EDGAR Form D data sets (quarterly)