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 / Saas Ventures, L.P.

Saas Ventures, L.P.

Wound downUnknownFundADV: Venture Capital FundPennington Partners & Co., LLCDelaware
Amounts, each with its basis
Vintage
2022basis: 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
unknownwhat may be sold, not what was raised; file 021-291630, sworn by the adviser or filed under this vehicle
Form D sold
unknown
First sale
unknown
Reported GAV
$37.2Mon the Form ADV filed Mar 31, 2022; the fund's assets, never its size or dry powder
Owners (ADV)
58
Reported on ADV
Mar 31, 2022 to Mar 31, 2022no longer reported: wound down, transferred or renamed
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Wound down
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
9 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2019Venture Capital Fund$19.7M
43$50,0001%no
Mar 30, 2020Venture Capital Fund$21.6M
43$50,0001%no
Mar 31, 2021Venture Capital Fund$29.9M
43$50,0001%no
May 6, 2021Venture Capital Fund$29.9M
43$50,0001%no
Feb 25, 2022Venture Capital Fund$37.2M
58$50,0001%no
Mar 31, 2022Venture Capital Fund$37.2M
58$50,0001%no
Apr 20, 2022Venture Capital Fund$37.2M
58$100,0001%no
Mar 31, 2023Venture Capital Fund$42.1M
58$100,0001%yes
Mar 22, 2024Venture Capital Fund$39.6M
58$100,0001%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
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
  1. Mar 29, 2024
    Saas Ventures, LP no longer reported on Form ADV by Pennington Partners & Co., LLC
  2. Mar 28, 2019
    Saas Ventures, L.P. first reported on Form ADV by Saas Ventures, L.L.C. (Venture Capital Fund), GAV $19,656,000
Evidence
0 observations
Every observation on this vehicle