DFX Intelligence
Dreamit Fund IV, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +173%reported GAV
Reported gross assets rose from $4.15M to $11.3M between the Form ADV filings of 4 Mar 2024 and 12 Feb 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
- 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
- $75.0Mwhat 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 general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-452289
- Form D sold
- $15.6Mas of the filing of Jul 14, 2022, 15 investors
- First sale
- Jul 1, 2022
- Reported GAV
- $11.3Mon the Form ADV filed Feb 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 19
- Reported on ADV
- May 4, 2022 to Feb 12, 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.Unknown
latest Form D 2022-07-14, older than 15 months (fr-1)
evidence dated Jul 14, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Jul 1, 2022vintage year: 2022adv gav as of: Feb 12, 2026vintage basis: Form d first saleform d sold: $15.6Mform d offering: $75.0Mform d latest filed at: Jul 14, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| May 4, 2022 | Venture Capital Fund | $1 | 1 | $1.0M | 1% | yes | |
| Feb 21, 2023 | Venture Capital Fund | $1.2M | 19 | $1.0M | 1% | yes | |
| Mar 4, 2024 | Venture Capital Fund | $4.1M | 19 | $1.0M | 1% | yes | |
| Feb 12, 2026 | Venture Capital Fund | $11.3M | 19 | $1.0M | 1% |
Principals and agents
5 principals on Form D, 0 placement agents
- Adam Dakin Executive Officer/Director/Promoter
- Darren Sandberg Executive Officer/Director/Promoter
- Steven Welch Executive Officer/Director/Promoter
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorBDO · PHILADELPHIA, Pennsylvania, United StatesForm ADV filed Feb 12, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · NEW YORK, New York, United StatesForm ADV filed Feb 12, 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
2 events
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 14, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jul 14, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 14, 2022 Fact Form D
- Amendment: false Jul 14, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 14, 2022 Fact Form D
- Incorporated: withinFiveYears Jul 14, 2022 Fact Form D
- Jurisdiction: Delaware Jul 14, 2022 Fact Form D
- Amount sold (Form D): $15.6M Jul 14, 2022 Fact Form D
- Offering amount (Form D): $75.0M Jul 14, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 14, 2022 Fact Form D
- First sale: 2022-07-01 Jul 14, 2022 Fact Form D
- Investors (Form D): 15 Jul 14, 2022 Fact Form D
- Minimum investment (Form D): 0 Jul 14, 2022 Fact Form D
- Securities offered: pooled Jul 14, 2022 Fact Form D
- Office address: Jul 14, 2022 Fact Form D
- Year of incorporation: 2022 Jul 14, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Dreamit Fund IV, 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
2 dated events on the change ledger, latest event first
- Form D filed2022-07-14source on record
- Fund first reported on ADV2022-05-04source on record
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.