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 / Fundersclub Hpx LLC

Fundersclub Hpx LLC

MatureClosed to new capitalFundADV: Venture Capital FundFundersclub Inc.
Amounts, each with its basis
Vintage
2019basis: 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
$2.6Mwhat 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 adviser itself named on the filing, the general partner the adviser swears for this fund, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-345400
Form D sold
$2.6Mas of the filing of Oct 15, 2019, 152 investors
First sale
Jul 16, 2019
Reported GAV
$6.8Mon the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
87
Reported on ADV
Mar 30, 2020 to Mar 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-10-15: the stated $2.6M offering reported fully sold (fr-1)
evidence dated Oct 15, 2019. 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: 7first sale: 2019-07-16vintage year: $2,019adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $2.6Mform d offering usd: $2.6Mform d latest filed at: 2019-10-15
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2020Venture Capital Fund$1.9M
87$10,0000%no
Mar 31, 2021Venture Capital Fund$2.6M
87$10,0000%no
Mar 30, 2022Venture Capital Fund$4.1M
87$10,0000%no
Mar 31, 2023Venture Capital Fund$7.0M
87$10,0000%no
Mar 30, 2024Venture Capital Fund$6.8M
87$10,0000%no
Principals and agents
4 principals on Form D, 0 placement agents
  • Fundersclub Management LLC Director
  • Boris Silver Executive Officer/Director
  • Fundersclub Inc. Director
  • Alexander Mittal Executive Officer/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
3 events
  1. Mar 30, 2020
    Fundersclub Hpx LLC first reported on Form ADV by Fundersclub Inc. (Venture Capital Fund), GAV $1,937,389
    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. Oct 15, 2019
    FundersClub HPX LLC filed Form D/A: $2,561,450 sold of $2,561,450, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jul 30, 2019
    FundersClub HPX LLC filed Form D: $1,491,150 sold of $1,491,150, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle