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 / Venturesouth Angel Fund V LP
Venturesouth Angel Fund V LP
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $10.0Mwhat may be sold, not what was raised; file 021-431551, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.1Mas of the filing of Jan 31, 2022, 20 investors
- First sale
- Jan 21, 2022
- Reported GAV
- $3.2Mon the Form ADV filed Feb 14, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 69
- Reported on ADV
- Mar 17, 2022 to Feb 14, 2024
Fundraising evidence
Unknown
latest Form D 2022-01-31, older than 15 months (fr-1)
evidence dated Jan 31, 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-01-21vintage year: $2,022adv gav as of: 2024-02-14vintage basis: form_d_first_saleform d sold usd: $1.1Mform d offering usd: $10.0Mform d latest filed at: 2022-01-31
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 17, 2022 | Venture Capital Fund | $1.5M | 31 | $25,000 | 1% | no | |
| Feb 6, 2023 | Venture Capital Fund | $3.5M | 69 | $25,000 | 2% | no | |
| Feb 14, 2024 | Venture Capital Fund | $3.2M | 69 | $25,000 | 2% | no |
Principals and agents
3 principals on Form D, 0 placement agents
- Leon Charlie Banks Executive Officer
- Raymond Matthew Dunbar Executive Officer
- Paul Johnathan Clark 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
2 events
- Mar 17, 2022Venturesouth Angel Fund V LP first reported on Form ADV by Venturesouth Funds (Venture Capital Fund), GAV $1,500,000Fund 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)
- Jan 31, 2022VentureSouth Angel Fund V LP filed Form D: $1,067,500 sold of $10,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: SOUTH CAROLINA Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.1M Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $10.0M Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-01-21 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 50,000 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 101 NORTH MAIN STREET, SUITE 315, GREENVILLE, SC, 29601 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jan 31, 2022 Fact SEC EDGAR Form D data sets (quarterly)