DFX Intelligence
Ballistic Ventures I Advisors, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +62%reported GAV
Reported gross assets rose from $2.78M to $4.51M between the Form ADV filings of 25 Mar 2024 and 27 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
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
- $2.6Mwhat may be sold, not what was raised; file 021-423701, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.6Mas of the filing of Jun 14, 2022, 14 investors
- First sale
- Jun 3, 2022
- Reported GAV
- $4.5Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 15
- Reported on ADV
- Mar 31, 2023 to Mar 27, 2026
Fundraising evidence
What 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.Closed to new capital
Form D filed or amended 2022-06-14: the stated $2.6M offering reported fully sold (fr-1)
evidence dated Jun 14, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Jun 3, 2022vintage year: 2022adv gav as of: Mar 27, 2026vintage basis: Form d first saleform d sold: $2.6Mform d offering: $2.6Mform d latest filed at: Jun 14, 2022
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $2.6M | 14 | 0% | no | ||
| Mar 25, 2024 | Venture Capital Fund | $2.8M | 15 | 0% | no | ||
| Mar 27, 2026 | Venture Capital Fund | $4.5M | 15 | 10% |
Principals and agents
4 principals on Form D, 0 placement agents
- Roger Thornton Executive Officer
- Theodore Schlein Executive Officer
- Barmak Meftah Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AdministratorStandish Management · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianMorgan Stanley · SALT LAKE CITY, Utah, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 allocators
What 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
- Mar 31, 2023Ballistic Ventures I Advisors, LP first reported on Form ADV by Ballistic Ventures (Venture Capital Fund), GAV $2,637,158Fund first reported on Form ADV Fact Form ADV
- Jun 14, 2022Ballistic Ventures I Advisors, LP filed Form D/A: $2,575,000 sold of $2,575,000, Venture Capital FundForm D filed Fact Form D
- Dec 6, 2021Ballistic Ventures I Advisors, LP filed Form D: $1,875,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 14, 2022 Fact Form D
- Entity type: Limited Partnership Dec 6, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jun 14, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Dec 6, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 14, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 6, 2021 Fact Form D
- Amendment: true Jun 14, 2022 Fact Form D
- Amendment: false Dec 6, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Jun 14, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Dec 6, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 14, 2022 Fact Form D
- Incorporated: withinFiveYears Dec 6, 2021 Fact Form D
- Jurisdiction: Delaware Jun 14, 2022 Fact Form D
- Jurisdiction: Delaware Dec 6, 2021 Fact Form D
- Amount sold (Form D): $2.6M Jun 14, 2022 Fact Form D
- Amount sold (Form D): $1.9M Dec 6, 2021 Fact Form D
- Offering amount (Form D): $2.6M Jun 14, 2022 Fact Form D
- Exemptions: 06c, 3C, 3C.1 Jun 14, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 6, 2021 Fact Form D
- First sale: 2022-06-03 Jun 14, 2022 Fact Form D
- First sale: 2021-12-03 Dec 6, 2021 Fact Form D
- Indefinite offering: true Dec 6, 2021 Fact Form D
- Investors (Form D): 14 Jun 14, 2022 Fact Form D
- Investors (Form D): 9 Dec 6, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 14, 2022 Fact Form D
- Minimum investment (Form D): 0 Dec 6, 2021 Fact Form D
- Securities offered: pooled Jun 14, 2022 Fact Form D
- Securities offered: pooled Dec 6, 2021 Fact Form D
- Office address: Jun 14, 2022 Fact Form D
- Office address: Dec 6, 2021 Fact Form D
- Year of incorporation: 2021 Jun 14, 2022 Fact Form D
- Year of incorporation: 2021 Dec 6, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Ballistic Ventures I Advisors, LP 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
- Fund first reported on ADV2023-03-31source on record
- Form D filed2022-06-14source on record
- Form D filed2021-12-06source 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.