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 / Commerce Ventures, L.P.
Commerce Ventures, L.P.
Amounts, each with its basis
- Vintage
- 2013basis: 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
- $20.0Mwhat may be sold, not what was raised; file 021-191866, sworn by the adviser or filed under this vehicle
- Form D sold
- $13.3Mas of the filing of Feb 14, 2014, 36 investors
- First sale
- Feb 15, 2013
- Reported GAV
- $47.9Mon the Form ADV filed May 10, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 45
- Reported on ADV
- Feb 28, 2021 to May 10, 2024
Fundraising evidence
Unknown
latest Form D 2014-02-14, older than 15 months (fr-1)
evidence dated Feb 14, 2014. 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: 13first sale: 2013-02-15vintage year: $2,013adv gav as of: 2024-05-10vintage basis: form_d_first_saleform d sold usd: $13.3Mform d offering usd: $20.0Mform d latest filed at: 2014-02-14
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 28, 2021 | Venture Capital Fund | $42.7M | 42 | $10,000 | 1% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $65.3M | 42 | $10,000 | 1% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $50.9M | 42 | $10,000 | 1% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $47.9M | 45 | $10,000 | 1% | yes | |
| May 10, 2024 | Venture Capital Fund | $47.9M | 45 | $10,000 | 1% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- Dan Rosen 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
3 events
- Feb 28, 2021Commerce Ventures, L.P. first reported on Form ADV by Commerce Ventures Management, LLC (Venture Capital Fund), GAV $42,734,121Fund 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)
- Feb 14, 2014Commerce Ventures, L.P. filed Form D/A: $13,316,753 sold of $20,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Feb 14, 2013Commerce Ventures, L.P. filed Form D: no sales yet of $20,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $13.3M Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $20.0M Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $20.0M Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1 Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-02-15 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 36 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 680 MISSION STREET, UNIT 11E, SAN FRANCISCO, CA, 94105 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 680 MISSION STREET, UNIT 11E, SAN FRANCISCO, CA, 94105 Feb 14, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 Feb 14, 2014 Fact SEC EDGAR Form D data sets (quarterly)