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.
Funds / 1st Course Capital Fund 1, LP
1st Course Capital Fund 1, LP
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
- $35.0Mwhat may be sold, not what was raised; file 021-337135, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.6Mas of the filing of Nov 4, 2020, 17 investors
- First sale
- Apr 15, 2019
- Reported GAV
- $6.1Mon the Form ADV filed Mar 23, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 19
- Reported on ADV
- Jun 12, 2019 to Mar 23, 2024
Fundraising evidence
Unknown
latest Form D 2020-11-04, older than 15 months (fr-1)
evidence dated Nov 4, 2020. 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: 7first sale: 2019-04-15vintage year: $2,019adv gav as of: 2024-03-23vintage basis: form_d_first_saleform d sold usd: $3.6Mform d offering usd: $35.0Mform d latest filed at: 2020-11-04
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 12, 2019 | Venture Capital Fund | $4.7M | 13 | 32% | yes | ||
| Sep 26, 2019 | Venture Capital Fund | $4.7M | 13 | 32% | yes | ||
| Sep 26, 2019 | Venture Capital Fund | $4.7M | 13 | 32% | yes | ||
| Sep 26, 2019 | Venture Capital Fund | $4.7M | 13 | 32% | yes | ||
| Dec 12, 2019 | Venture Capital Fund | $4.7M | 13 | 32% | yes | ||
| Mar 5, 2020 | Venture Capital Fund | $4.5M | 13 | 32% | yes | ||
| Feb 25, 2021 | Venture Capital Fund | $5.0M | 19 | 30% | yes | ||
| Mar 10, 2022 | Venture Capital Fund | $6.3M | 19 | 30% | yes | ||
| Feb 15, 2023 | Venture Capital Fund | $6.4M | 19 | 30% | yes | ||
| Mar 23, 2024 | Venture Capital Fund | $6.1M | 19 | 30% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Peter Herz Executive Officer
- Paul Matteucci Executive Officer
- Renske Lynde Executive Officer
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
3 events
- Nov 4, 20201st Course Capital Fund 1, LP filed Form D/A: $3,605,000 sold of $35,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jun 12, 20191st Course Capital Fund 1, LP first reported on Form ADV by 1st Course Capital Management, LLC (Venture Capital Fund), GAV $4,686,869Fund 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)
- Apr 11, 20191st Course Capital Fund 1, LP filed Form D: no sales yet of $35,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
44 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $3.6M Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-04-15 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 17 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 541 JEFFERSON AVENUE, SUITE 100, REDWOOD CITY, CA, 94063 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 541 JEFFERSON AVENUE, SUITE 100, REDWOOD CITY, CA, 94063 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 541 JEFFERSON AVENUE, SUITE 100, REDWOOD CITY, CA, 94063 Apr 11, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Nov 4, 2020 Fact SEC EDGAR Form D data sets (quarterly)