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 / B••• C•••• V••••••• I• L•
B••• C•••• V••••••• I• L•
Amounts, each with its basis
- Vintage
- 2020basis: 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
- $253Mwhat may be sold, not what was raised; file 021-378990, sworn by the adviser or filed under this vehicle
- Form D sold
- $253Mas of the filing of Jun 3, 2022, 278 investors
- First sale
- Oct 20, 2020
- Reported GAV
- $304Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 280
- Reported on ADV
- Mar 31, 2021 to Mar 27, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-06-03: the stated $253.3M offering reported fully sold (fr-1)
evidence dated Jun 3, 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
Mature
vintage 4 to 7 years
age years: 6first sale: 2020-10-20vintage year: $2,020adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $253Mform d offering usd: $253Mform d latest filed at: 2022-06-03
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $132M | 133 | $1.0M | 5% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $294M | 275 | $1.0M | 2% | yes | |
| Nov 16, 2022 | Venture Capital Fund | $294M | 275 | $1.0M | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $277M | 280 | $1.0M | 2% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $304M | 280 | $1.0M | 2% | yes |
Principals and agents
4 principals on Form D, 1 placement agents
- R••• R•••• Executive Officer
- B••• C•••• M••••••••• L•• Director
- M•• A••• Executive Officer
- B••• C•••• A••••••• I• L•• Director
- G•••••• W••••••••• C••••••• L•• 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
4 events
- Jun 3, 2022B••• C•••• V••••••• I• L• filed Form D/A: $253,268,000 sold of $253,268,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Oct 27, 2021B••• C•••• V••••••• I• L• filed Form D/A: $238,303,000 sold of $250,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2021B••• C•••• V••••••• I• L• first reported on Form ADV by B••• C•••• M••••••••• L•• (Venture Capital Fund), GAV $132,000,000Fund 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)
- Oct 27, 2020B••• C•••• V••••••• I• L• filed Form D: $127,408,000 sold of $200,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $253M Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $238M Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $127M Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $253M Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $250M Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $200M Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-10-20 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-10-20 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-10-20 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 278 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 245 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 126 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3 PARK AVENUE SUITE 3102B, NEW YORK, NY, 10016 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3 PARK AVENUE SUITE 3102B, NEW YORK, NY, 10016 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3 PARK AVENUE SUITE 3102B, NEW YORK, NY, 10016 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jun 3, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Oct 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Oct 27, 2020 Fact SEC EDGAR Form D data sets (quarterly)