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 / Crossbeam - Wave Equity Spv LLC

Crossbeam - Wave Equity Spv LLC

MatureUnknownSPV or co-invest vehicleADV: Venture Capital FundCrossbeam Venture PartnersDelaware
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
indefinitewhat 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 021-363541
Form D sold
$3.3Mas of the filing of Jan 7, 2021, 38 investors
First sale
Mar 18, 2020
Reported GAV
$6.2Mon the Form ADV filed Dec 24, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
44
Reported on ADV
May 25, 2021 to Dec 24, 2024
Fundraising evidence
Unknown
latest Form D 2021-01-07, older than 15 months (fr-1)
evidence dated Jan 7, 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: 6first sale: 2020-03-18vintage year: $2,020adv gav as of: 2024-12-24vintage basis: form_d_first_saleform d sold usd: $3.3Mform d offering usd: n/aform d latest filed at: 2021-01-07
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
May 25, 2021Venture Capital Fund$3.3M
06%no
Mar 30, 2022Venture Capital Fund$6.2M
426%no
Mar 20, 2023Venture Capital Fund$6.2M
436%no
Mar 25, 2024Venture Capital Fund$6.2M
444%no
Dec 24, 2024Venture Capital Fund$6.2M
444%yes
Principals and agents
4 principals on Form D, 0 placement agents
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
  1. May 25, 2021
    Crossbeam - Wave Equity Spv LLC first reported on Form ADV by Crossbeam Venture Partners (Venture Capital Fund), GAV $3,250,000
    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. Jan 7, 2021
    Crossbeam - Wave Equity SPV LLC filed Form D/A: $3,250,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Mar 24, 2020
    Crossbeam - Wave Equity SPV LLC filed Form D: $3,250,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle