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 / Fundersclub Wpm LLC
Fundersclub Wpm LLC
Amounts, each with its basis
- Vintage
- 2019basis: 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
- $517,500what may be sold, not what was raised; file 021-346146, sworn by the adviser or filed under this vehicle
- Form D sold
- $517,500as of the filing of Aug 8, 2019, 56 investors
- First sale
- Jul 25, 2019
- Reported GAV
- $1.3Mon the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 55
- Reported on ADV
- Mar 30, 2020 to Mar 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-08-08: the stated $517,500 offering reported fully sold (fr-1)
evidence dated Aug 8, 2019. 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-07-25vintage year: $2,019adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $517,500form d offering usd: $517,500form d latest filed at: 2019-08-08
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Venture Capital Fund | $440,750 | 55 | $5,000 | 0% | no | |
| Mar 31, 2021 | Venture Capital Fund | $472,105 | 55 | $5,000 | 0% | no | |
| Mar 30, 2022 | Venture Capital Fund | $1.1M | 55 | $5,000 | 0% | no | |
| Mar 31, 2023 | Venture Capital Fund | $1.3M | 55 | $5,000 | 0% | no | |
| Mar 30, 2024 | Venture Capital Fund | $1.3M | 55 | $5,000 | 0% | no |
Principals and agents
4 principals on Form D, 0 placement agents
- Boris Silver Executive Officer/Director
- Fundersclub Inc. Director
- Alexander Mittal Executive Officer/Director
- Fundersclub Management LLC 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
2 events
- Mar 30, 2020Fundersclub Wpm LLC first reported on Form ADV by Fundersclub Inc. (Venture Capital Fund), GAV $440,750Fund 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 8, 2019FundersClub WPM LLC filed Form D: $517,500 sold of $517,500, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Liability Company Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $517,500 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $517,500 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $517,500 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $517,500 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-07-25 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-07-25 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 56 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 56 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 5,000 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 5,000 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 237 KEARNY ST. #424, SAN FRANCISCO, CA, 94108 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 237 KEARNY ST. #424, SAN FRANCISCO, CA, 94108 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Aug 8, 2019 Fact SEC EDGAR Form D data sets (quarterly)