DFX Intelligence
Health Velocity Capital I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 9 Nov 2018, Latest Form D filed on 9 Nov 2018: $176M sold of $176M offered, 89 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2017basis: 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
- $176Mwhat may be sold, not what was raised; file 021-288920, sworn by the adviser or filed under this vehicle
- Form D sold
- $176Mas of the filing of Nov 9, 2018, 89 investors
- First sale
- Jun 19, 2017
- Reported GAV
- $306Mon the Form ADV filed Mar 24, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 31
- Reported on ADV
- Aug 17, 2017 to Mar 24, 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.Closed to new capital
Form D filed or amended 2018-11-09: the stated $176.1M offering reported fully sold (fr-1)
evidence dated Nov 9, 2018.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 9first sale: Jun 19, 2017vintage year: 2017adv gav as of: Mar 24, 2026vintage basis: Form d first saleform d sold: $176Mform d offering: $176Mform d latest filed at: Nov 9, 2018
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Aug 17, 2017 | Venture Capital Fund | $69.9M | 9 | 3% | no | ||
| Mar 29, 2018 | Venture Capital Fund | $70.9M | 10 | 3% | yes | ||
| Mar 28, 2019 | Venture Capital Fund | $159M | 32 | 9% | yes | ||
| Mar 25, 2020 | Venture Capital Fund | $163M | 32 | 2% | yes | ||
| Mar 31, 2021 | Venture Capital Fund | $207M | 32 | 2% | yes | ||
| Mar 29, 2022 | Venture Capital Fund | $331M | 32 | 2% | yes | ||
| Mar 30, 2023 | Venture Capital Fund | $295M | 32 | 2% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $302M | 32 | 2% | yes | ||
| Oct 1, 2024 | Venture Capital Fund | $302M | 32 | 2% | yes | ||
| Mar 24, 2026 | Venture Capital Fund | $306M | 31 | 2% |
Principals and agents
2 principals on Form D, 1 placement agents
- Martin Felsenthal Executive Officer
- Bruce Crosby Executive Officer
- Sparring Partners Capital LLC placement agent
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorSENSIBA SAN FILIPPO LLP · PLEASANTON, California, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
- AdministratorREDBRICK ASSOCIATES, LLC · SAN MATEO, California, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 24, 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 |
|---|---|---|---|---|
| Robert and Ardis James Foundation Inc | FOUNDATION | $1.6M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact 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
5 events
- Nov 9, 2018Health Velocity Capital I, L.P. filed Form D/A: $176,071,430 sold of $176,071,430, Venture Capital FundForm D filed Fact Form D
- Sep 7, 2018Health Velocity Capital I, L.P. filed Form D/A: $98,888,889 sold of $150,000,000, Venture Capital FundForm D filed Fact Form D
- Sep 8, 2017Health Velocity Capital I, L.P. filed Form D/A: $76,138,889 sold of $150,000,000, Venture Capital FundForm D filed Fact Form D
- Aug 17, 2017Health Velocity Capital I, L.P. first reported on Form ADV by Health Velocity Mgmt LLC (Venture Capital Fund), GAV $69,900,000Fund first reported on Form ADV Fact Form ADV
- Jun 16, 2017Health Velocity Capital I, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
62 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 9, 2018 Fact Form D
- Entity type: Limited Partnership Sep 7, 2018 Fact Form D
- Entity type: Limited Partnership Sep 8, 2017 Fact Form D
- Entity type: Limited Partnership Jun 16, 2017 Fact Form D
- Form D fund type: Venture Capital Fund Nov 9, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Sep 7, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Sep 8, 2017 Fact Form D
- Form D fund type: Venture Capital Fund Jun 16, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 9, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 7, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 8, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 16, 2017 Fact Form D
- Amendment: true Nov 9, 2018 Fact Form D
- Amendment: true Sep 7, 2018 Fact Form D
- Amendment: true Sep 8, 2017 Fact Form D
- Amendment: false Jun 16, 2017 Fact Form D
- Revenue range (Form D): Not Applicable Nov 9, 2018 Fact Form D
- Revenue range (Form D): Not Applicable Sep 7, 2018 Fact Form D
- Revenue range (Form D): Not Applicable Sep 8, 2017 Fact Form D
- Revenue range (Form D): Not Applicable Jun 16, 2017 Fact Form D
- Incorporated: withinFiveYears Nov 9, 2018 Fact Form D
- Incorporated: withinFiveYears Sep 7, 2018 Fact Form D
- Incorporated: withinFiveYears Sep 8, 2017 Fact Form D
- Incorporated: yetToBeFormed Jun 16, 2017 Fact Form D
- Jurisdiction: Delaware Nov 9, 2018 Fact Form D
- Jurisdiction: Delaware Sep 7, 2018 Fact Form D
- Jurisdiction: Delaware Sep 8, 2017 Fact Form D
- Jurisdiction: Delaware Jun 16, 2017 Fact Form D
- Amount sold (Form D): $176M Nov 9, 2018 Fact Form D
- Amount sold (Form D): $98.9M Sep 7, 2018 Fact Form D
- Amount sold (Form D): $76.1M Sep 8, 2017 Fact Form D
- Amount sold (Form D): $0 Jun 16, 2017 Fact Form D
- Offering amount (Form D): $176M Nov 9, 2018 Fact Form D
- Offering amount (Form D): $150M Sep 7, 2018 Fact Form D
- Offering amount (Form D): $150M Sep 8, 2017 Fact Form D
- Offering amount (Form D): $150M Jun 16, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 9, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Sep 7, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Sep 8, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jun 16, 2017 Fact Form D
- First sale: 2017-06-19 Nov 9, 2018 Fact Form D
- First sale: 2017-06-19 Sep 7, 2018 Fact Form D
- First sale: 2017-06-19 Sep 8, 2017 Fact Form D
- Investors (Form D): 89 Nov 9, 2018 Fact Form D
- Investors (Form D): 65 Sep 7, 2018 Fact Form D
- Investors (Form D): 49 Sep 8, 2017 Fact Form D
- Investors (Form D): 0 Jun 16, 2017 Fact Form D
- Minimum investment (Form D): 0 Nov 9, 2018 Fact Form D
- Minimum investment (Form D): 0 Sep 7, 2018 Fact Form D
- Minimum investment (Form D): 0 Sep 8, 2017 Fact Form D
- Minimum investment (Form D): 0 Jun 16, 2017 Fact Form D
- Securities offered: pooled Nov 9, 2018 Fact Form D
- Securities offered: pooled Sep 7, 2018 Fact Form D
- Securities offered: pooled Sep 8, 2017 Fact Form D
- Securities offered: pooled Jun 16, 2017 Fact Form D
- Office address: Nov 9, 2018 Fact Form D
- Office address: Sep 7, 2018 Fact Form D
- Office address: Sep 8, 2017 Fact Form D
- Office address: Jun 16, 2017 Fact Form D
- Year of incorporation: 2017 Nov 9, 2018 Fact Form D
- Year of incorporation: 2017 Sep 7, 2018 Fact Form D
- Year of incorporation: 2017 Sep 8, 2017 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Health Velocity Capital I, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
1 identity change, 8 dated events on the change ledger, latest event first
- Fund folded2026-09-14
- Fund first reported on ADV2022-03-29source on record
- Fund first reported on ADV2022-03-29source on record
+6 more changes 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.