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 / Differential Venture Capital Fund I, LP

Differential Venture Capital Fund I, LP

HarvestClosed to new capitalFundADV: Venture Capital FundDifferential Venture Partners, LLCDelaware
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
$19.5Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-299591
Form D sold
$19.5Mas of the filing of Mar 9, 2020, 28 investors
First sale
Dec 31, 2017
Reported GAV
$30.0Mon the Form ADV filed Mar 31, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
30
Reported on ADV
Feb 21, 2018 to Mar 31, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-03-09: the stated $19.5M offering reported fully sold (fr-1)
evidence dated Mar 9, 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
Harvest
vintage over 7 years, still reported
age years: 9first sale: 2017-12-31vintage year: $2,017adv gav as of: 2024-03-31vintage basis: form_d_first_saleform d sold usd: $19.5Mform d offering usd: $19.5Mform d latest filed at: 2020-03-09
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 21, 2018Venture Capital Fund$270,000
3$20,0002%no
Mar 31, 2018Venture Capital Fund$270,000
32%no
Mar 29, 2019Venture Capital Fund$963,662
1430%no
Mar 11, 2020Venture Capital Fund$963,662
1430%no
Mar 24, 2021Venture Capital Fund$11.7M
2850%yes
Mar 30, 2022Venture Capital Fund$18.2M
2850%yes
Mar 29, 2023Venture Capital Fund$33.0M
2850%yes
Mar 31, 2024Venture Capital Fund$30.0M
3050%yes
Principals and agents
6 principals on Form D, 1 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
4 events
  1. Mar 9, 2020
    Differential Venture Capital Fund I, LP filed Form D/A: $19,500,000 sold of $19,500,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Nov 28, 2018
    Differential Venture Capital Fund I, LP filed Form D/A: $1,920,000 sold of $50,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Feb 21, 2018
    Differential Venture Capital Fund I, LP first reported on Form ADV by Differential Venture Partners, LLC (Venture Capital Fund), GAV $270,000
    Fund 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)
  4. Nov 28, 2017
    Differential Venture Capital Fund I, LP filed Form D: no sales yet of $50,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle