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 / AAN Andela, LLC
AAN Andela, LLC
Amounts, each with its basis
- Vintage
- 2015basis: 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
- $700,000what 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 filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-430273
- Form D sold
- $700,000as of the filing of Jan 21, 2022, 7 investors
- First sale
- Jan 1, 2015
- Reported GAV
- $10.2Mon the Form ADV filed Sep 23, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 62
- Reported on ADV
- Dec 17, 2021 to Sep 23, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-01-21: the stated $700,000 offering reported fully sold (fr-1)
evidence dated Jan 21, 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
Harvest
vintage over 7 years, still reported
age years: 11first sale: 2015-01-01vintage year: $2,015adv gav as of: 2024-09-23vintage basis: form_d_first_saleform d sold usd: $700,000form d offering usd: $700,000form d latest filed at: 2022-01-21
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 17, 2021 | Venture Capital Fund | $10.2M | 61 | 0% | no | ||
| May 16, 2022 | Venture Capital Fund | $10.2M | 61 | 0% | yes | ||
| Sep 1, 2022 | Venture Capital Fund | $10.2M | 61 | 0% | yes | ||
| Nov 9, 2022 | Venture Capital Fund | $10.2M | 61 | 0% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $10.2M | 62 | 28% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $10.2M | 62 | 29% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $10.2M | 62 | 29% | yes | ||
| Sep 23, 2024 | Venture Capital Fund | $10.2M | 62 | 29% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- Pardon Makumbe 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
- Jan 21, 2022AAN Andela, LLC filed Form D: $700,000 sold of $700,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Dec 17, 2021AAN Andela, LLC first reported on Form ADV by CRE Venture Capital, Inc. (Venture Capital Fund), GAV $10,233,252Fund 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)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: overFiveYears Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $700,000 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $700,000 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2015-01-01 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 7 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 852 Franklin Avenue # 512, Franklin Lakes, NJ, 07417 Jan 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)