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 / Mainline Tu-K Industries, LLC
Mainline Tu-K Industries, LLC
Active deploymentClosed to new capitalFundADV: Venture Capital FundMainline Investment Advisers, LLCDelaware
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
- $6.9Mwhat may be sold, not what was raised; file 021-465957, sworn by the adviser or filed under this vehicle
- Form D sold
- $6.9Mas of the filing of Nov 29, 2022, 9 investors
- First sale
- Nov 23, 2022
- Reported GAV
- $5.7Mon the Form ADV filed Jul 19, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 10
- Reported on ADV
- Mar 30, 2023 to Jul 19, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-11-29: the stated $6.9M offering reported fully sold (fr-1)
evidence dated Nov 29, 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: 2022-11-23vintage year: $2,022adv gav as of: 2024-07-19vintage basis: form_d_first_saleform d sold usd: $6.9Mform d offering usd: $6.9Mform d latest filed at: 2022-11-29
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2023 | Venture Capital Fund | $7.2M | 10 | $200,000 | 9% | yes | |
| Apr 28, 2023 | Venture Capital Fund | $7.2M | 10 | $200,000 | 9% | yes | |
| Oct 6, 2023 | Venture Capital Fund | $7.2M | 10 | $200,000 | 9% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $7.2M | 10 | $200,000 | 9% | yes | |
| Jun 14, 2024 | Venture Capital Fund | $5.7M | 10 | $200,000 | 9% | yes | |
| Jun 17, 2024 | Venture Capital Fund | $5.7M | 10 | $200,000 | 9% | yes | |
| Jul 19, 2024 | Venture Capital Fund | $5.7M | 10 | $200,000 | 9% | yes |
Principals and agents
4 principals on Form D, 1 placement agents
- William a Landman Executive Officer
- MainLine Tu-K Manager, LLC . Director
- David Clapper Executive Officer
- William J Romanelli Executive Officer
- MainLine Securities LLC placement agent
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
3 events
- Mar 30, 2023Mainline Tu-K Industries, LLC first reported on Form ADV by Mainline Investment Advisers, LLC (Venture Capital Fund), GAV $7,198,235Fund 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)
- Dec 8, 2022MainLine Tu-K Industries, LLC filed Form D/A: $6,948,235 sold of $6,948,235, Pooled Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Nov 29, 2022MainLine Tu-K Industries, LLC filed Form D: $6,948,235 sold of $6,948,235, Pooled Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Liability Company Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Investing Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Investing Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $6.9M Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $6.9M Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $6.9M Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $6.9M Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-11-23 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-11-23 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 308 E. LANCASTER AVENUE, SUITE 300, WYNNEWOOD, PA, 19096 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 308 E. LANCASTER AVENUE, SUITE 300, WYNNEWOOD, PA, 19096 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Dec 8, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Nov 29, 2022 Fact SEC EDGAR Form D data sets (quarterly)