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 / Elevation Capital VII Limited
Elevation Capital VII Limited
Amounts, each with its basis
- Vintage
- 2021basis: adv first reported
- 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
- $400Mwhat may be sold, not what was raised; file 021-377052, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Oct 2, 2020
- First sale
- unknown
- Reported GAV
- $496Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- Mar 30, 2021 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2020-10-02, older than 15 months (fr-1)
evidence dated Oct 2, 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: 5first sale: n/avintage year: $2,021adv gav as of: 2024-03-27vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $400Mform d latest filed at: 2020-10-02
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2021 | Venture Capital Fund | $400M | 27 | $850,000 | 3% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $444M | 27 | $850,000 | 3% | yes | |
| Mar 28, 2023 | Venture Capital Fund | $470M | 27 | $850,000 | 3% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $496M | 27 | $850,000 | 3% | yes |
Principals and agents
6 principals on Form D, 0 placement agents
- Elevation LLC Director
- SAIF Partners India VII Holdings Limited Director
- Shafiiq-Ur-Rahmaan Chandra Soyfoo Director
- Mohammad Akshar Maherally Director
- Gulshan Raj Ramgoolam Director
- Ravi Chandra Adusumalli 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
- Mar 30, 2021Elevation Capital VII Limited first reported on Form ADV by Elevation Capital Partners, LLC (Venture Capital Fund), GAV $400,000,000Fund 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)
- Oct 2, 2020SAIF Partners India VII Ltd filed Form D: no sales yet of $400,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Other Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: MAURITIUS Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $400M Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANNE, IFS COURT, BANK STREET, 28 CYBERCITY, EBENE, O4, 72201 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Oct 2, 2020 Fact SEC EDGAR Form D data sets (quarterly)