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 / Fundersclub Mtq LLC

Fundersclub Mtq LLC

MatureClosed to new capitalFundADV: Venture Capital FundFundersclub Inc.Delaware
Amounts, each with its basis
Vintage
2020basis: 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
$2.1Mwhat may be sold, not what was raised; file 021-368631, sworn by the adviser or filed under this vehicle
Form D sold
$2.1Mas of the filing of Jun 10, 2020, 126 investors
First sale
May 26, 2020
Reported GAV
$8.1Mon the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
144
Reported on ADV
Mar 31, 2021 to Mar 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-06-10: the stated $2.1M offering reported fully sold (fr-1)
evidence dated Jun 10, 2020. 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: 6first sale: 2020-05-26vintage year: $2,020adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $2.1Mform d offering usd: $2.1Mform d latest filed at: 2020-06-10
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2021Venture Capital Fund$2.8M
144$10,0000%no
Mar 30, 2022Venture Capital Fund$8.2M
144$10,0000%no
Mar 31, 2023Venture Capital Fund$12.2M
144$10,0000%no
Mar 30, 2024Venture Capital Fund$8.1M
144$10,0000%no
Principals and agents
4 principals on Form D, 0 placement agents
  • Alexander Mittal Executive Officer/Director
  • Fundersclub Management LLC Director
  • Boris Silver Executive Officer/Director
  • Fundersclub Inc. Director
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 31, 2021
    Fundersclub Mtq LLC first reported on Form ADV by Fundersclub Inc. (Venture Capital Fund), GAV $2,804,972
    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. Jun 10, 2020
    FundersClub MTQ LLC filed Form D: $2,113,656 sold of $2,113,656, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle