DFX Intelligence
USV Opportunity Investors 2019, LP
Opportunity fundmanaged by Union Square Ventures
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
2 additional principals, 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.
What matters now
- -18%reported GAV
Reported gross assets fell from $11M to $8.93M between the Form ADV filings of 29 Mar 2024 and 27 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
- 2019basis: name year
- 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
- $11.3Mwhat may be sold, not what was raised; file 021-329136, 021-260518, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Dec 28, 2018
- First sale
- unknown
- Reported GAV
- $8.9Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 77
- Reported on ADV
- Mar 31, 2020 to Mar 27, 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 2018-12-28, older than 15 months (fr-1)
evidence dated Dec 28, 2018.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: n/avintage year: 2019adv gav as of: Mar 27, 2026vintage basis: Name yearform d sold: $0form d offering: $11.3Mform d latest filed at: Dec 28, 2018
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2020 | Venture Capital Fund | $11.1M | 77 | 1% | yes | ||
| Mar 30, 2021 | Venture Capital Fund | $14.2M | 77 | 1% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $12.7M | 77 | 1% | yes | ||
| Mar 30, 2023 | Venture Capital Fund | $11.2M | 77 | 1% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $11.0M | 77 | 1% | yes | ||
| Mar 27, 2026 | Venture Capital Fund | $8.9M | 77 | 1% |
Principals and agents
5 principals on Form D, 0 placement agents
- Albert Wenger Executive Officer
- Rebecca Kaden Executive Officer
- Frederick Wilson Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorBDO · PHILADELPHIA, Pennsylvania, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO GROUP · PRINCETON, New Jersey, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 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.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
2 events
- Mar 31, 2020USV Opportunity Investors 2019, LP first reported on Form ADV by Union Square Ventures (Venture Capital Fund), GAV $11,106,600Fund first reported on Form ADV Fact Form ADV
- Dec 28, 2018USV Opportunity Investors 2019, LP filed Form D: no sales yet of $11,250,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 28, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Dec 28, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 28, 2018 Fact Form D
- Amendment: false Dec 28, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 28, 2018 Fact Form D
- Incorporated: withinFiveYears Dec 28, 2018 Fact Form D
- Jurisdiction: Delaware Dec 28, 2018 Fact Form D
- Amount sold (Form D): $0 Dec 28, 2018 Fact Form D
- Offering amount (Form D): $11.3M Dec 28, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 28, 2018 Fact Form D
- Investors (Form D): 0 Dec 28, 2018 Fact Form D
- Minimum investment (Form D): 0 Dec 28, 2018 Fact Form D
- Securities offered: pooled Dec 28, 2018 Fact Form D
- Office address: Dec 28, 2018 Fact Form D
- Year of incorporation: 2018 Dec 28, 2018 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
USV Opportunity Investors 2019, 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
1 dated event on the change ledger, latest event first
- Form D filed2018-12-28source 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.