DFX Intelligence
Factory Hq Fund I, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +38%reported GAV
Reported gross assets rose from $136M to $187M between the Form ADV filings of 26 Mar 2024 and 30 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- indefinitewhat may be sold, not what was raised; file 021-398015, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of May 4, 2021
- First sale
- unknown
- Reported GAV
- $187Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 50
- Reported on ADV
- Jul 16, 2021 to Mar 30, 2026
Fundraising evidenceWhat counts as raisingA 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.
Unknown
latest Form D 2021-05-04, older than 15 months (fr-1)
evidence dated May 4, 2021.
LifecycleUnknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 30, 2026vintage basis: n/aform d sold: $0form d offering: n/aform d latest filed at: May 4, 2021
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 16, 2021 | Venture Capital Fund | $75.5M | 52 | 55% | yes | ||
| Mar 29, 2022 | Venture Capital Fund | $75.5M | 50 | 58% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $73.4M | 50 | 58% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $73.4M | 50 | 58% | yes | ||
| Mar 26, 2024 | Venture Capital Fund | $136M | 50 | 52% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $187M | 50 | 52% |
Principals and agents
1 principal on Form D, 0 placement agents
- General Partner Factory Hq Fund GP I, LLC Promoter
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN JOSE, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
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 allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
- Mar 30, 2026Custodian changed: Silicon Valley Bank replaced Citi, first reported on the Form ADV filed March 30, 2026 (previous filing March 28, 2025)Custodian changed Fact Form ADV
- Mar 26, 2024Custodian changed: Citi replaced First Republic Bank, first reported on the Form ADV filed March 26, 2024 (previous filing March 31, 2023)Custodian changed Fact Form ADV
- Jul 16, 2021Factory Hq Fund I, LP first reported on Form ADV by Factory Hq (Venture Capital Fund), GAV $75,500,000Fund first reported on Form ADV Fact Form ADV
- May 4, 2021Factory Hq Fund I, LP filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 4, 2021 Fact Form D
- Form D fund type: Venture Capital Fund May 4, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund May 4, 2021 Fact Form D
- Amendment: false May 4, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose May 4, 2021 Fact Form D
- Incorporated: withinFiveYears May 4, 2021 Fact Form D
- Jurisdiction: Delaware May 4, 2021 Fact Form D
- Amount sold (Form D): $0 May 4, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 May 4, 2021 Fact Form D
- Indefinite offering: true May 4, 2021 Fact Form D
- Investors (Form D): 0 May 4, 2021 Fact Form D
- Minimum investment (Form D): 0 May 4, 2021 Fact Form D
- Securities offered: pooled May 4, 2021 Fact Form D
- Office address: May 4, 2021 Fact Form D
- Year of incorporation: 2021 May 4, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Factory Hq Fund I, LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-07-16source on record
- Form D filed2021-05-04source 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.