Precursor Ventures V, LP

Fundmanaged by Precursor Ventures Management, LLC· Delaware
Vintage
2023
Form D sold
$62.6M
Reported gross assets
$61.8M
Form ADV, Mar 31, 2026
Active deploymentFundraising status unknownADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

2 additional placement agents

Every relationship, signal and contact on this record, with the source on each.

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What matters now

  1. +37%
    reported GAV

    Reported gross assets rose from $45M to $61.8M between the Form ADV filings of 28 Mar 2024 and 31 Mar 2026.

    The fund's assets as the adviser swears them, never its size or dry powder.

    Derivedtwo Form ADV Schedule D filingsFor LPs, secondaries buyersReporting →
Drawing the relationship network…

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
$120Mwhat may be sold, not what was raised; file 021-488256, sworn by the adviser or filed under this vehicle
Form D sold
$62.6Mas of the filing of Aug 13, 2024, 37 investors
First sale
Aug 2, 2023
Reported GAV
$61.8Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
101
Reported on ADV
Mar 28, 2024 to Mar 31, 2026

Fundraising evidence

Unknown
latest Form D 2024-08-13, older than 15 months (fr-1)
evidence dated Aug 13, 2024.

Lifecycle

Active deployment
vintage 2 to 4 years
age years: 3first sale: Aug 2, 2023vintage year: 2023adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $62.6Mform d offering: $120Mform d latest filed at: Aug 13, 2024

The fund's own reporting through time

2 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2024Venture Capital Fund$45.0M
256$25,0001%no
Mar 31, 2026Venture Capital Fund$61.8M
101$25,0001%

Principals and agents

2 principals on Form D, 0 placement agents

Service providers

5 named on Form ADV Schedule D and Form D

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.

Known LPs and allocators

2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
Mitchell Kapor FoundationFOUNDATION$93,291
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Eugene & Agnes E Meyer FoundationFOUNDATION$186,582
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

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. Aug 13, 2024
    Precursor Ventures V, L.P. filed Form D/A: $62,575,000 sold of $120,000,000, Venture Capital Fund
    Form D filed Fact Form D
  2. Mar 28, 2024
    Precursor Ventures V, LP first reported on Form ADV by Precursor Ventures Management, LLC (Venture Capital Fund), GAV $45,004,101
    Fund first reported on Form ADV Fact Form ADV
  3. Jul 28, 2023
    Precursor Ventures V, LP. filed Form D: no sales yet of $120,000,000, Venture Capital Fund
    Form D filed Fact Form D

Evidence

31 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Aug 13, 2024 Fact Form D
  • Entity type: Limited Partnership Jul 28, 2023 Fact Form D
  • Form D fund type: Venture Capital Fund Aug 13, 2024 Fact Form D
  • Form D fund type: Venture Capital Fund Jul 28, 2023 Fact Form D
  • Form D industry group: Pooled Investment Fund Aug 13, 2024 Fact Form D
  • Form D industry group: Pooled Investment Fund Jul 28, 2023 Fact Form D
  • Amendment: true Aug 13, 2024 Fact Form D
  • Amendment: false Jul 28, 2023 Fact Form D
  • Revenue range (Form D): Decline to Disclose Aug 13, 2024 Fact Form D
  • Revenue range (Form D): Decline to Disclose Jul 28, 2023 Fact Form D
  • Incorporated: withinFiveYears Aug 13, 2024 Fact Form D
  • Incorporated: withinFiveYears Jul 28, 2023 Fact Form D
  • Jurisdiction: Delaware Aug 13, 2024 Fact Form D
  • Jurisdiction: Delaware Jul 28, 2023 Fact Form D
  • Amount sold (Form D): $62.6M Aug 13, 2024 Fact Form D
  • Amount sold (Form D): $0 Jul 28, 2023 Fact Form D
  • Offering amount (Form D): $120M Aug 13, 2024 Fact Form D
  • Offering amount (Form D): $120M Jul 28, 2023 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Aug 13, 2024 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Jul 28, 2023 Fact Form D
  • First sale: 2023-08-02 Aug 13, 2024 Fact Form D
  • Investors (Form D): 37 Aug 13, 2024 Fact Form D
  • Investors (Form D): 0 Jul 28, 2023 Fact Form D
  • Minimum investment (Form D): 0 Aug 13, 2024 Fact Form D
  • Minimum investment (Form D): 0 Jul 28, 2023 Fact Form D
  • Securities offered: pooled Aug 13, 2024 Fact Form D
  • Securities offered: pooled Jul 28, 2023 Fact Form D
  • Office address: Aug 13, 2024 Fact Form D
  • Office address: Jul 28, 2023 Fact Form D
  • Year of incorporation: 2023 Aug 13, 2024 Fact Form D
  • Year of incorporation: 2023 Jul 28, 2023 Fact Form D

Relationships across DFX

on 3 other DFX graphs
Across the graphs

Precursor Ventures V, LP is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.

Allocators1RIA and Wealth1Family Offices1

DFX found 3 relationships across 3 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

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Record history

3 dated events on the change ledger, latest event first
  • Form D filed
    2024-08-13source on record
  • Fund first reported on ADV
    2024-03-28source on record
  • Form D filed
    2023-07-28source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.