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 / Burnt Island Ventures Fund I, LP

Burnt Island Ventures Fund I, LP

MatureUnknownFundADV: Venture Capital FundBurnt Island VenturesDelaware
Amounts, each with its basis
Vintage
2021basis: 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
indefinitewhat may be sold, not what was raised; file 021-390280, sworn by the adviser or filed under this vehicle
Form D sold
$4.5Mas of the filing of Feb 24, 2021, 20 investors
First sale
Feb 9, 2021
Reported GAV
$37.4Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
99
Reported on ADV
Mar 10, 2023 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-02-24, older than 15 months (fr-1)
evidence dated Feb 24, 2021. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-02-09vintage year: $2,021adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $4.5Mform d offering usd: n/aform d latest filed at: 2021-02-24
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 10, 2023Venture Capital Fund$26.6M
99$250,0002%yes
May 8, 2023Venture Capital Fund$26.6M
99$250,0002%yes
Mar 28, 2024Venture Capital Fund$37.4M
99$250,0002%yes
Principals and agents
2 principals on Form D, 0 placement agents
  • Burnt Island Ventures GP I LLC Executive Officer
  • Thomas Ferguson 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
  1. Mar 10, 2023
    Burnt Island Ventures Fund I, LP first reported on Form ADV by Burnt Island Ventures (Venture Capital Fund), GAV $26,638,438
    Fund 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)
  2. Feb 24, 2021
    Burnt Island Ventures Fund I, LP filed Form D: $4,530,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle