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 / Fuse Venture Partners I, LP
Fuse Venture Partners I, LP
Amounts, each with its basis
- Vintage
- 2020basis: 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
- $13.5Mwhat 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 021-371816
- Form D sold
- $13.5Mas of the filing of Jan 25, 2022, 49 investors
- First sale
- Jul 9, 2020
- Reported GAV
- $12.9Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 55
- Reported on ADV
- Mar 31, 2021 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-01-25: the stated $13.5M offering reported fully sold (fr-1)
evidence dated Jan 25, 2022. 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: 6first sale: 2020-07-09vintage year: $2,020adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $13.5Mform d offering usd: $13.5Mform d latest filed at: 2022-01-25
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $9.8M | 43 | $15,000 | 3% | yes | |
| Mar 27, 2022 | Venture Capital Fund | $14.1M | 51 | $15,000 | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $13.9M | 51 | $15,000 | 2% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $12.9M | 55 | $15,000 | 2% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Cameron Borumand Executive Officer
- Kellan Carter Executive Officer
- Brendan Wales 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
4 events
- Jan 25, 2022Fuse Venture Partners I, LP filed Form D/A: $13,452,738 sold of $13,452,738, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Apr 28, 2021Fuse Venture Partners I, LP filed Form D/A: $11,275,500 sold of $130,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2021Fuse Venture Partners I, LP first reported on Form ADV by Fuse Ventures Management (Venture Capital Fund), GAV $9,790,000Fund 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 24, 2020Fuse Venture Partners I, LP filed Form D: $3,788,000 sold of $100,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $13.5M Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $11.3M Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $3.8M Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $13.5M Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $130M Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $100M Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-07-09 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-07-09 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-07-09 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 49 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 43 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 17 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 11100 NE 8TH STREET, STE. 200, BELLEVUE, WA, 98004 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 11100 NE 8TH STREET, STE. 200, BELLEVUE, WA, 98004 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 11100 NE 8TH STREET, STE. 200, BELLEVUE, WI, 98004 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jan 25, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Apr 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jul 24, 2020 Fact SEC EDGAR Form D data sets (quarterly)