DFX Intelligence
Drive Capital Overdrive Fund I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
4 additional placement agents, 1 event
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +84%reported GAV
Reported gross assets rose from $272M to $499M between the Form ADV filings of 28 Mar 2024 and 17 Jun 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
- 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
- $400Mwhat may be sold, not what was raised; file 021-337759, sworn by the adviser or filed under this vehicle
- Form D sold
- $301Mas of the filing of Jan 13, 2020, 36 investors
- First sale
- Apr 5, 2019
- Reported GAV
- $499Mon the Form ADV filed Jun 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 38
- Reported on ADV
- Apr 8, 2020 to Jun 17, 2026
Fundraising evidence
What 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 2020-01-13, older than 15 months (fr-1)
evidence dated Jan 13, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Apr 5, 2019vintage year: 2019adv gav as of: Jun 17, 2026vintage basis: Form d first saleform d sold: $301Mform d offering: $400Mform d latest filed at: Jan 13, 2020
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 8, 2020 | Venture Capital Fund | $75.2M | 37 | $500,000 | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $329M | 37 | $500,000 | 10% | yes | |
| Apr 27, 2021 | Venture Capital Fund | $329M | 37 | $500,000 | 10% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $412M | 37 | $500,000 | 12% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $249M | 37 | $500,000 | 5% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $272M | 37 | $500,000 | 6% | yes | |
| Jun 17, 2026 | Venture Capital Fund | $499M | 38 | $500,000 | 13% |
Principals and agents
2 principals on Form D, 2 placement agents
- Mark D. Kvamme Executive Officer/Promoter
- Christopher Olsen Executive Officer/Promoter
- Connaught (UK) Limited placement agent
- Global Alliance Securities, LLC placement agent
Service providers
7 named on Form ADV Schedule D and Form D
- AuditorDeloitte · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- AdministratorZEDRA · BEACHWOOD, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- CustodianTHE HUNTINGTON NATIONAL BANK · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 allocators
What 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Ventura County Employees Retirement Association | PUBLIC PENSION | $7.5M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
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
6 events
- May 14, 2026Administrator changed: ZEDRA replaced GRYPHON FUND GROUP, LLC, first reported on the Form ADV filed May 14, 2026 (previous filing March 27, 2026)Administrator changed Fact Form ADV
- Mar 29, 2022Administrator changed: GRYPHON FUND GROUP, LLC replaced WINBRIDGE, first reported on the Form ADV filed March 29, 2022 (previous filing April 27, 2021)Administrator changed Fact Form ADV
- Apr 8, 2020Drive Capital Overdrive Fund I, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $75,241,948Fund first reported on Form ADV Fact Form ADV
- Jan 13, 2020Drive Capital Overdrive Fund I, L.P. filed Form D/A: $300,612,374 sold of $400,000,000, Venture Capital FundForm D filed Fact Form D
- Nov 4, 2019Drive Capital Overdrive Fund I, L.P. filed Form D/A: $284,356,250 sold of $400,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
69 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Jan 13, 2020 Fact Form D
- Entity type: Limited Partnership Nov 4, 2019 Fact Form D
- Entity type: Limited Partnership Apr 19, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jan 13, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Nov 4, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Apr 19, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jan 13, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 4, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 19, 2019 Fact Form D
- Amendment: true Fact Form D
- Amendment: false Fact Form D
- Amendment: true Jan 13, 2020 Fact Form D
- Amendment: true Nov 4, 2019 Fact Form D
- Amendment: false Apr 19, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 13, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 4, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 19, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jan 13, 2020 Fact Form D
- Incorporated: withinFiveYears Nov 4, 2019 Fact Form D
- Incorporated: withinFiveYears Apr 19, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Jan 13, 2020 Fact Form D
- Jurisdiction: Delaware Nov 4, 2019 Fact Form D
- Jurisdiction: Delaware Apr 19, 2019 Fact Form D
- Amount sold (Form D): $301M Fact Form D
- Amount sold (Form D): $284M Fact Form D
- Amount sold (Form D): $251M Fact Form D
- Amount sold (Form D): $301M Jan 13, 2020 Fact Form D
- Amount sold (Form D): $284M Nov 4, 2019 Fact Form D
- Amount sold (Form D): $251M Apr 19, 2019 Fact Form D
- Offering amount (Form D): $400M Fact Form D
- Offering amount (Form D): $400M Jan 13, 2020 Fact Form D
- Offering amount (Form D): $400M Nov 4, 2019 Fact Form D
- Offering amount (Form D): $400M Apr 19, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 13, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 4, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 19, 2019 Fact Form D
- First sale: 2019-04-05 Fact Form D
- First sale: 2019-04-05 Jan 13, 2020 Fact Form D
- First sale: 2019-04-05 Nov 4, 2019 Fact Form D
- First sale: 2019-04-05 Apr 19, 2019 Fact Form D
- Investors (Form D): 36 Fact Form D
- Investors (Form D): 31 Fact Form D
- Investors (Form D): 23 Fact Form D
- Investors (Form D): 36 Jan 13, 2020 Fact Form D
- Investors (Form D): 31 Nov 4, 2019 Fact Form D
- Investors (Form D): 23 Apr 19, 2019 Fact Form D
- Minimum investment (Form D): 500,000 Fact Form D
- Minimum investment (Form D): 500,000 Jan 13, 2020 Fact Form D
- Minimum investment (Form D): 500,000 Nov 4, 2019 Fact Form D
- Minimum investment (Form D): 500,000 Apr 19, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jan 13, 2020 Fact Form D
- Securities offered: pooled Nov 4, 2019 Fact Form D
- Securities offered: pooled Apr 19, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Jan 13, 2020 Fact Form D
- Office address: Nov 4, 2019 Fact Form D
- Office address: Apr 19, 2019 Fact Form D
- Year of incorporation: 2015 Fact Form D
- Year of incorporation: 2015 Jan 13, 2020 Fact Form D
- Year of incorporation: 2015 Nov 4, 2019 Fact Form D
- Year of incorporation: 2015 Apr 19, 2019 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Drive Capital Overdrive Fund I, L.P. 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
4 dated events on the change ledger, latest event first
- Fund first reported on ADV2020-04-08source on record
- Form D filed2020-01-13source on record
- Form D filed2019-11-04source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.