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 / Industry Ventures Secondary X, L.P.
Industry Ventures Secondary X, L.P.
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
- $1.5Bwhat may be sold, not what was raised; file 021-477496, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.4Bas of the filing of Jul 10, 2023, 288 investors
- First sale
- Mar 31, 2023
- Reported GAV
- $1.5Bon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 806
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2023-07-10, older than 15 months (fr-1)
evidence dated Jul 10, 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: 2023-03-31vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $1.4Bform d offering usd: $1.5Bform d latest filed at: 2023-07-10
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Other Private Fund | $1.5B | 806 | $1.0M | 1% | yes |
Principals and agents
2 principals on Form D, 2 placement agents
- Johan D. Swildens Director
- Industry Ventures Management X, LLC Director
- J.P. Morgan Securities LLC placement agent
- Oppenheimer & Co. Inc. placement agent
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
- Mar 28, 2024Industry Ventures Secondary X, L.P. first reported on Form ADV by Industry Ventures, L.L.C. (Other Private Fund), GAV $1,463,270,000Fund 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)
- Jul 10, 2023Industry Ventures Secondary X, L.P. filed Form D/A: $1,402,870,000 sold of $1,455,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 30, 2023Industry Ventures Secondary X, L.P. filed Form D: no sales yet of $1,000,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.4B Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.5B Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.0B Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-03-31 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 288 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 522 WASHINGTON STREET, SAN FRANCISCO, CA, 94111 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 522 WASHINGTON STREET, SAN FRANCISCO, CA, 94111 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jul 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 30, 2023 Fact SEC EDGAR Form D data sets (quarterly)