DFX Intelligence
Fuel Venture Capital Flagship Fund II C(3)(1), LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 event
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
- +1044%reported GAV
Reported gross assets rose from $500K to $5.72M between the Form ADV filings of 30 Mar 2024 and 31 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
- 2023basis: adv first reported
- 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
- $1.8Mwhat may be sold, not what was raised; file 021-477501, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.8Mas of the filing of Apr 1, 2025, 7 investors
- First sale
- unknown
- Reported GAV
- $5.7Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- Mar 31, 2023 to Mar 31, 2026
- Structure
- master
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.Closed to new capital
Form D filed or amended 2025-04-01: the stated $1.8M offering reported fully sold (fr-1)
evidence dated Apr 1, 2025.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: n/avintage year: 2023adv gav as of: Mar 31, 2026vintage basis: ADV first reportedform d sold: $1.8Mform d offering: $1.8Mform d latest filed at: Apr 1, 2025
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $500,000 | 1 | $1.0M | 0% | yes | |
| Mar 30, 2024 | Venture Capital Fund | $500,000 | 1 | $1.0M | 1% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $5.7M | 27 | $1.0M | 1% |
Principals and agents
3 principals on Form D, 0 placement agents
- Fuel Venture Capital Partners, LLC Director
- Jeff Ransdell Executive Officer
- Maggie Vo Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorFORVIS, LLP · BOCA RATON, Florida, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorJ AND M FINANCE, LLC · ROCKLAND, Maine, United StatesForm ADV filed Mar 31, 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
6 events
- Mar 31, 2026Auditor changed: FORVIS, LLP replaced CHERRY BEKAERT LLP, first reported on the Form ADV filed March 31, 2026 (previous filing March 31, 2025)Auditor changed Fact Form ADV
- Apr 1, 2025Fuel Venture Capital Flagship Fund II 3(c)(1), LP filed Form D/A: $1,781,000 sold of $1,781,000, Venture Capital FundForm D filed Fact Form D
- Mar 30, 2024Administrator changed: J AND M FINANCE, LLC replaced CORNERSTONE FUND SERVICES, first reported on the Form ADV filed March 30, 2024 (previous filing March 31, 2023)Administrator changed Fact Form ADV
- May 30, 2023Fuel Venture Capital Flagship Fund II c(3)(1), LP filed Form D/A: $500,000 sold of $300,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 31, 2023Fuel Venture Capital Flagship Fund II C(3)(1), LP first reported on Form ADV by Rokk3r Fuel Venture Builder LLC (Venture Capital Fund), GAV $500,000Fund first reported on Form ADV Fact Form ADV
Evidence
45 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 1, 2025 Fact Form D
- Entity type: Limited Partnership May 30, 2023 Fact Form D
- Entity type: Limited Partnership Mar 30, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Apr 1, 2025 Fact Form D
- Form D fund type: Venture Capital Fund May 30, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Mar 30, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 1, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund May 30, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 30, 2023 Fact Form D
- Amendment: true Apr 1, 2025 Fact Form D
- Amendment: true May 30, 2023 Fact Form D
- Amendment: false Mar 30, 2023 Fact Form D
- Revenue range (Form D): Over $100,000,000 Apr 1, 2025 Fact Form D
- Revenue range (Form D): Over $100,000,000 May 30, 2023 Fact Form D
- Revenue range (Form D): Over $100,000,000 Mar 30, 2023 Fact Form D
- Incorporated: withinFiveYears Apr 1, 2025 Fact Form D
- Incorporated: withinFiveYears May 30, 2023 Fact Form D
- Incorporated: withinFiveYears Mar 30, 2023 Fact Form D
- Jurisdiction: Delaware Apr 1, 2025 Fact Form D
- Jurisdiction: Delaware May 30, 2023 Fact Form D
- Jurisdiction: Delaware Mar 30, 2023 Fact Form D
- Amount sold (Form D): $1.8M Apr 1, 2025 Fact Form D
- Amount sold (Form D): $500,000 May 30, 2023 Fact Form D
- Amount sold (Form D): $0 Mar 30, 2023 Fact Form D
- Offering amount (Form D): $1.8M Apr 1, 2025 Fact Form D
- Offering amount (Form D): $300M May 30, 2023 Fact Form D
- Offering amount (Form D): $300M Mar 30, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Apr 1, 2025 Fact Form D
- Exemptions: 06c, 3C, 3C.1 May 30, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Mar 30, 2023 Fact Form D
- Investors (Form D): 7 Apr 1, 2025 Fact Form D
- Investors (Form D): 1 May 30, 2023 Fact Form D
- Investors (Form D): 0 Mar 30, 2023 Fact Form D
- Minimum investment (Form D): 100,000 Apr 1, 2025 Fact Form D
- Minimum investment (Form D): 500,000 May 30, 2023 Fact Form D
- Minimum investment (Form D): 100,000 Mar 30, 2023 Fact Form D
- Securities offered: pooled Apr 1, 2025 Fact Form D
- Securities offered: pooled May 30, 2023 Fact Form D
- Securities offered: pooled Mar 30, 2023 Fact Form D
- Office address: Apr 1, 2025 Fact Form D
- Office address: May 30, 2023 Fact Form D
- Office address: Mar 30, 2023 Fact Form D
- Year of incorporation: 2022 Apr 1, 2025 Fact Form D
- Year of incorporation: 2022 May 30, 2023 Fact Form D
- Year of incorporation: 2022 Mar 30, 2023 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Fuel Venture Capital Flagship Fund II C(3)(1), 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
4 dated events on the change ledger, latest event first
- Form D filed2025-04-01source on record
- Form D filed2023-05-30source on record
- Fund first reported on ADV2023-03-31source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.