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 / Gaingels Karma Bio LLC

Gaingels Karma Bio LLC

Active deploymentClosed to new capitalFundADV: Venture Capital FundGaingels Management LLCVermont
Amounts, each with its basis
Vintage
2023basis: 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
$30,691what may be sold, not what was raised; file 021-484635, sworn by the adviser or filed under this vehicle
Form D sold
$30,691as of the filing of Jun 20, 2023, 14 investors
First sale
Jun 8, 2023
Reported GAV
$34,610on the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
41
Reported on ADV
Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-06-20: the stated $30,691 offering reported fully sold (fr-1)
evidence dated Jun 20, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-06-08vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $30,691form d offering usd: $30,691form d latest filed at: 2023-06-20
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2024Venture Capital Fund$34,610
41$1,0003%no
Principals and agents
1 principals on Form D, 0 placement agents
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
2 events
  1. Mar 28, 2024
    Gaingels Karma Bio LLC first reported on Form ADV by Gaingels Management LLC (Venture Capital Fund), GAV $34,610
  2. Jun 20, 2023
    Gaingels Karma Bio LLC filed Form D: $30,691 sold of $30,691, Pooled Investment Fund
Evidence
15 observations
Every observation on this vehicle