Precursor Ventures I, L.P.
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 3 Nov 2016, Latest Form D filed on 3 Nov 2016: $15.2M sold of $25M offered, 57 investors. A Form D amount is what was sold at the filing, never a final close.
Amounts, each with its basis
- Vintage
- 2015basis: 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
- $25.0Mwhat may be sold, not what was raised; file 021-248561, sworn by the adviser or filed under this vehicle
- Form D sold
- $15.2Mas of the filing of Nov 3, 2016, 57 investors
- First sale
- Oct 1, 2015
- Reported GAV
- $40.0Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 18
- Reported on ADV
- Dec 8, 2015 to Mar 31, 2026
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.Lifecycle
Harvest
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 8, 2015 | Venture Capital Fund | $5.8M | 18 | 1% | yes | ||
| Mar 26, 2016 | Venture Capital Fund | $5.6M | 18 | 1% | yes | ||
| Feb 17, 2017 | Venture Capital Fund | $16.1M | 18 | 1% | yes | ||
| Feb 26, 2018 | Venture Capital Fund | $16.9M | 18 | 1% | yes | ||
| Mar 11, 2020 | Venture Capital Fund | $16.9M | 18 | 1% | yes | ||
| Mar 12, 2020 | Venture Capital Fund | $16.9M | 18 | 1% | yes | ||
| Mar 24, 2021 | Venture Capital Fund | $16.9M | 18 | 1% | yes | ||
| Sep 28, 2021 | Venture Capital Fund | $16.9M | 18 | 1% | yes | ||
| Jul 1, 2022 | Venture Capital Fund | $52.5M | 18 | 1% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $70.5M | 18 | 1% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $39.4M | 18 | 1% | yes | ||
| Mar 31, 2026 | Venture Capital Fund | $40.0M | 18 | 1% |
Principals and agents
- Charles Hudson Executive Officer
Service providers
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianApex Group · DALLAS, Texas, 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).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.| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Mitchell Kapor Foundation | FOUNDATION | $2.0M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Investments attributed to this vehicle
Timeline
- Jul 1, 2022Administrator changed: Carta replaced ADURO ADVISORS, LLC, first reported on the Form ADV filed July 1, 2022 (previous filing September 28, 2021)Administrator changed Fact Form ADV
- Nov 3, 2016Precursor Ventures I, L.P. filed Form D/A: $15,180,000 sold of $25,000,000, Venture Capital FundForm D filed Fact Form D
- Dec 8, 2015Precursor Ventures I, L.P. first reported on Form ADV by Precursor Ventures Management, LLC (Venture Capital Fund), GAV $5,804,910Fund first reported on Form ADV Fact Form ADV
- Oct 1, 2015Precursor Ventures I, L.P. filed Form D: no sales yet of $25,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership Nov 3, 2016 Fact Form D
- Entity type: Limited Partnership Oct 1, 2015 Fact Form D
- Form D fund type: Venture Capital Fund Nov 3, 2016 Fact Form D
- Form D fund type: Venture Capital Fund Oct 1, 2015 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 3, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 1, 2015 Fact Form D
- Amendment: true Nov 3, 2016 Fact Form D
- Amendment: false Oct 1, 2015 Fact Form D
- Revenue range (Form D): Not Applicable Nov 3, 2016 Fact Form D
- Revenue range (Form D): Not Applicable Oct 1, 2015 Fact Form D
- Incorporated: withinFiveYears Nov 3, 2016 Fact Form D
- Incorporated: withinFiveYears Oct 1, 2015 Fact Form D
- Jurisdiction: Delaware Nov 3, 2016 Fact Form D
- Jurisdiction: Delaware Oct 1, 2015 Fact Form D
- Amount sold (Form D): $15.2M Nov 3, 2016 Fact Form D
- Amount sold (Form D): $0 Oct 1, 2015 Fact Form D
- Offering amount (Form D): $25.0M Nov 3, 2016 Fact Form D
- Offering amount (Form D): $25.0M Oct 1, 2015 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Nov 3, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Oct 1, 2015 Fact Form D
- First sale: 2015-10-01 Nov 3, 2016 Fact Form D
- Investors (Form D): 57 Nov 3, 2016 Fact Form D
- Investors (Form D): 0 Oct 1, 2015 Fact Form D
- Minimum investment (Form D): 0 Nov 3, 2016 Fact Form D
- Minimum investment (Form D): 0 Oct 1, 2015 Fact Form D
- Securities offered: pooled Nov 3, 2016 Fact Form D
- Securities offered: pooled Oct 1, 2015 Fact Form D
- Office address: Nov 3, 2016 Fact Form D
- Office address: Oct 1, 2015 Fact Form D
- Year of incorporation: 2015 Nov 3, 2016 Fact Form D
- Year of incorporation: 2015 Oct 1, 2015 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Precursor Ventures I, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Record history
- Event retracted2026-10-01
- Form D filed2016-11-03source on record
- Fund first reported on ADV2015-12-08source 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.