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 / Fulcrum Growth Fund V, LLC
Fulcrum Growth Fund V, 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
- $375Mwhat may be sold, not what was raised; file 021-473568, sworn by the adviser or filed under this vehicle
- Form D sold
- $21.0Mas of the filing of Mar 1, 2024, 50 investors
- First sale
- Jan 31, 2023
- Reported GAV
- $24.2Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 46
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2024-03-01, older than 15 months (fr-1)
evidence dated Mar 1, 2024. 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: 2023-01-31vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $21.0Mform d offering usd: $375Mform d latest filed at: 2024-03-01
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 | $24.2M | 46 | $100,000 | 10% | yes |
Principals and agents
5 principals on Form D, 1 placement agents
- James S. Douglass Director
- Philip a. Lewis Director
- Thomas L Greer Director
- Frank X Dalton Director
- Jeffrey S Muir Director
- Invicta Capital LLC placement agent
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
- Mar 28, 2024Fulcrum Growth Fund V, LLC first reported on Form ADV by Fulcrum Equity Partners, Inc. (Venture Capital Fund), GAV $24,233,028Fund 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)
- Mar 1, 2024Fulcrum Growth Fund V, LLC filed Form D/A: $20,955,000 sold of $375,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Feb 15, 2023Fulcrum Growth Fund V, LLC filed Form D: $7,700,000 sold of $350,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Liability Company Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $21.0M Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $7.7M Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $375M Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $350M Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-01-31 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-01-31 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 50 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 26 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 5555 GLENRIDGE CONNECTOR, SUITE 930, ATLANTA, GA, 30342 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 5555 GLENRIDGE CONNECTOR, SUITE 930, ATLANTA, GA, 30342 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 1, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Feb 15, 2023 Fact SEC EDGAR Form D data sets (quarterly)