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 / Heroic Ventures Spv Xxx, LLC

Heroic Ventures Spv Xxx, LLC

Active deploymentClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundOutput Capital Management, LLCDelaware
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
$1.9Mwhat may be sold, not what was raised; file 021-455816, sworn by the adviser or filed under this vehicle
Form D sold
$1.9Mas of the filing of Oct 19, 2022, 21 investors
First sale
Jul 28, 2022
Reported GAV
$1.7Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
21
Reported on ADV
Mar 28, 2023 to Sep 12, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-10-19: the stated $1.9M offering reported fully sold (fr-1)
evidence dated Oct 19, 2022. 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: 4first sale: 2022-07-28vintage year: $2,022adv gav as of: 2026-09-12vintage basis: form_d_first_saleform d sold usd: $1.9Mform d offering usd: $1.9Mform d latest filed at: 2022-10-19
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2023Venture Capital Fund$1.9M
210%no
Mar 28, 2024Venture Capital Fund$1.8M
210%no
Sep 12, 2026Venture Capital Fund$1.7M
21$25,0000%
Principals and agents
3 principals on Form D, 0 placement agents
  • Heroic Ventures SPV ARIA GP, LLC Director
  • Matt Robinson Director
  • Heroic Ventures SPV ARIA GP, LLC general partner (ADV 7.B.(1).A.3)
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
  1. Mar 28, 2023
    Heroic Ventures Spv Xxx, LLC first reported on Form ADV by Heroic Ventures Management, LLC (Venture Capital Fund), GAV $1,908,566
    Fund 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)
  2. Oct 19, 2022
    Heroic Ventures SPV XXX, LLC filed Form D/A: $1,950,000 sold of $1,950,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Aug 12, 2022
    Heroic Ventures SPV XXX, LLC filed Form D: $1,650,000 sold of $1,650,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
33 observations
Every observation on this vehicle