DFX Intelligence
Point 406 Ventures V L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 11 Apr 2023, Latest Form D filed on 11 Apr 2023: $245M sold of $325M offered, 72 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $325Mwhat may be sold, not what was raised; file 021-441368, sworn by the adviser or filed under this vehicle
- Form D sold
- $245Mas of the filing of Apr 11, 2023, 72 investors
- First sale
- Apr 12, 2022
- Reported GAV
- $248Mon the Form ADV filed Mar 23, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 66
- Reported on ADV
- Mar 21, 2023 to Mar 23, 2026
Fundraising evidenceWhat counts as raisingA 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.
Unknown
latest Form D 2023-04-11, older than 15 months (fr-1)
evidence dated Apr 11, 2023.
LifecycleActive deployment
vintage 2 to 4 years
age years: 4first sale: Apr 12, 2022vintage year: 2022adv gav as of: Mar 23, 2026vintage basis: Form d first saleform d sold: $245Mform d offering: $325Mform d latest filed at: Apr 11, 2023
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 21, 2023 | Venture Capital Fund | $239M | 66 | $1.0M | 3% | yes | |
| Mar 21, 2024 | Venture Capital Fund | $256M | 66 | $1.0M | 3% | yes | |
| Mar 23, 2026 | Venture Capital Fund | $248M | 66 | $1.0M | 3% |
Principals and agents
5 principals on Form D, 0 placement agents
- Payal Divakaran Executive Officer
- .406 Ventures V GP, LLC Director
- Liam Donohue Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorMAYER HOFFMAN MCCANN P.C. · PROVIDENCE, Rhode Island, United StatesForm ADV filed Mar 23, 2026 reports.adviserinfo.sec.gov
- AdministratorAlter Domus · BOSTON, Massachusetts, United StatesForm ADV filed Mar 23, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · BOSTON, Massachusetts, United StatesForm ADV filed Mar 23, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
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.
Known LPs and allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
- Apr 11, 2023Point 406 Ventures V, L.P. filed Form D/A: $244,871,134 sold of $325,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 21, 2023Point 406 Ventures V L.P. first reported on Form ADV by 406 Ventures Management, LLC (Venture Capital Fund), GAV $238,621,156Fund first reported on Form ADV Fact Form ADV
- Apr 11, 2022Point 406 Ventures V, L.P. filed Form D: no sales yet of $325,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 11, 2023 Fact Form D
- Entity type: Limited Partnership Apr 11, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Apr 11, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Apr 11, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 11, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 11, 2022 Fact Form D
- Amendment: true Apr 11, 2023 Fact Form D
- Amendment: false Apr 11, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Apr 11, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Apr 11, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 11, 2023 Fact Form D
- Incorporated: withinFiveYears Apr 11, 2022 Fact Form D
- Jurisdiction: Delaware Apr 11, 2023 Fact Form D
- Jurisdiction: Delaware Apr 11, 2022 Fact Form D
- Amount sold (Form D): $245M Apr 11, 2023 Fact Form D
- Amount sold (Form D): $0 Apr 11, 2022 Fact Form D
- Offering amount (Form D): $325M Apr 11, 2023 Fact Form D
- Offering amount (Form D): $325M Apr 11, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 11, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 11, 2022 Fact Form D
- First sale: 2022-04-12 Apr 11, 2023 Fact Form D
- Investors (Form D): 72 Apr 11, 2023 Fact Form D
- Investors (Form D): 0 Apr 11, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 11, 2023 Fact Form D
- Minimum investment (Form D): 0 Apr 11, 2022 Fact Form D
- Securities offered: pooled Apr 11, 2023 Fact Form D
- Securities offered: pooled Apr 11, 2022 Fact Form D
- Office address: Apr 11, 2023 Fact Form D
- Office address: Apr 11, 2022 Fact Form D
- Year of incorporation: 2022 Apr 11, 2023 Fact Form D
- Year of incorporation: 2022 Apr 11, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Point 406 Ventures V L.P. is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
3 dated events on the change ledger, latest event first
- Form D filed2023-04-11source on record
- Fund first reported on ADV2023-03-21source on record
- Form D filed2022-04-11source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.