Founders Circle Capital Co-Invest Series, LP - Series 7
A co-investment vehicle for specific deals, not a commingled fund.
What matters now
- -45%reported GAV
Reported gross assets fell from $2.92M to $1.6M between the Form ADV filings of 29 Mar 2024 and 27 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
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
- indefinitewhat may be sold, not what was raised; file 021-449756, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 21, 2022
- First sale
- unknown
- Reported GAV
- $1.6Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Mar 31, 2023 to Mar 27, 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
Active deployment
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $2.2M | 1 | $50,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $2.9M | 1 | $50,000 | 1% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $1.6M | 1 | $50,000 | 1% |
Principals and agents
- General Partner Fcc Series Management, L.L.C. - Series 7 Promoter
Service providers
- AuditorFrank, Rimerman + Co. · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorAlter Domus · SALT LAKE CITY, Utah, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 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.Investments attributed to this vehicle
Timeline
- Mar 27, 2025Auditor changed: Frank, Rimerman + Co. replaced BDO, first reported on the Form ADV filed March 27, 2025 (previous filing March 29, 2024)Auditor changed Fact Form ADV
- Mar 31, 2023Founders Circle Capital Co-Invest Series, LP - Series 7 first reported on Form ADV by Founders Circle Capital, LLC (Venture Capital Fund), GAV $2,193,590Fund first reported on Form ADV Fact Form ADV
- Jun 21, 2022Founders Circle Capital Co-Invest Series, L.P. - Series 7 filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Partnership Jun 21, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jun 21, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 21, 2022 Fact Form D
- Amendment: false Jun 21, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 21, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 21, 2022 Fact Form D
- Jurisdiction: Delaware Jun 21, 2022 Fact Form D
- Amount sold (Form D): $0 Jun 21, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 21, 2022 Fact Form D
- Indefinite offering: true Jun 21, 2022 Fact Form D
- Investors (Form D): 0 Jun 21, 2022 Fact Form D
- Minimum investment (Form D): 0 Jun 21, 2022 Fact Form D
- Securities offered: pooled Jun 21, 2022 Fact Form D
- Office address: Jun 21, 2022 Fact Form D
- Year of incorporation: 2020 Jun 21, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Founders Circle Capital Co-Invest Series, LP - Series 7 is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
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Record history
- Fund first reported on ADV2023-03-31source on record
- Form D filed2022-06-21source 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.