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 / Gaingels Carry1st LLC
Gaingels Carry1st LLC
Amounts, each with its basis
- Vintage
- 2023basis: 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
- $120,000what may be sold, not what was raised; file 021-499180, sworn by the adviser or filed under this vehicle
- Form D sold
- $120,000as of the filing of Dec 8, 2023, 16 investors
- First sale
- Dec 7, 2023
- Reported GAV
- $100,000on the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 18
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-12-08: the stated $120,000 offering reported fully sold (fr-1)
evidence dated Dec 8, 2023. 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: 3first sale: 2023-12-07vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $120,000form d offering usd: $120,000form d latest filed at: 2023-12-08
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $100,000 | 18 | $1,000 | 2% | no |
Principals and agents
1 principals on Form D, 0 placement agents
- David Beatty 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
- Mar 28, 2024Gaingels Carry1st LLC first reported on Form ADV by Gaingels Ventures LLC (Venture Capital Fund), GAV $100,000Fund 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, 2023Gaingels Carry1st LLC filed Form D: $120,000 sold of $120,000, OtherForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: VERMONT Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $120,000 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $120,000 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-12-07 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 16 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O GAINGELS MANAGEMENT LLC, 3 MAIN STREET - SUITE 214, BURLINGTON, VT, 05401 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Dec 8, 2023 Fact SEC EDGAR Form D data sets (quarterly)