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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Funds / S••••••• C•••••• T••••••••• N•• Y••• F••• I• L•••
S••••••• C•••••• T••••••••• N•• Y••• F••• I• L•••
Amounts, each with its basis
- Vintage
- 2013basis: 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
- $51.0Mwhat may be sold, not what was raised; file 021-197295, sworn by the adviser or filed under this vehicle
- Form D sold
- $51.0Mas of the filing of May 31, 2013, 2 investors
- First sale
- May 15, 2013
- Reported GAV
- $25.6Mon the Form ADV filed Jul 30, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 31, 2014 to Jul 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2013-05-31: the stated $51.0M offering reported fully sold (fr-1)
evidence dated May 31, 2013. 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
Harvest
vintage over 7 years, still reported
age years: 13first sale: 2013-05-15vintage year: $2,013adv gav as of: 2024-07-30vintage basis: form_d_first_saleform d sold usd: $51.0Mform d offering usd: $51.0Mform d latest filed at: 2013-05-31
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2014 | Venture Capital Fund | $5.4M | 2 | 2% | yes | ||
| Mar 31, 2015 | Venture Capital Fund | $19.3M | 2 | 2% | yes | ||
| May 23, 2016 | Venture Capital Fund | $31.9M | 2 | 2% | yes | ||
| May 30, 2017 | Venture Capital Fund | $39.9M | 2 | 2% | yes | ||
| May 30, 2018 | Venture Capital Fund | $45.6M | 2 | 2% | yes | ||
| Aug 1, 2019 | Venture Capital Fund | $60.6M | 2 | 2% | yes | ||
| Jun 26, 2020 | Venture Capital Fund | $93.5M | 2 | 2% | yes | ||
| Jul 2, 2021 | Venture Capital Fund | $200M | 2 | 2% | yes | ||
| Jul 29, 2022 | Venture Capital Fund | $157M | 2 | 2% | yes | ||
| Jul 27, 2023 | Venture Capital Fund | $15.3M | 2 | 2% | yes | ||
| Jul 30, 2024 | Venture Capital Fund | $25.6M | 2 | 2% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- S• C•••••• M••••••• N•• Y••• I• L•• Executive Officer/Director/Promoter
- J••••• L••• Executive Officer/Director/Promoter
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| N•• Y••• S•••• C••••• R••••••••• F••• osc.ny.gov | 2013 | $50.0M | $56.0M | $175M | $20.0M | not meaningful yet | 3.5x | Mar 31, 2025 |
Each 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).
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, 2025NYSCRF reports S••••••• C•••••• T••••••••• N•• Y••• F••• I•• L•: $50,000,000 committed, vintage 2013LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2014S••••••• C•••••• T••••••••• N•• Y••• F••• I• L••• first reported on Form ADV by S•• M••••••••• L•• (Venture Capital Fund), GAV $5,388,007Fund 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)
- May 31, 2013S••••••• C•••••• T••••••••• N•• Y••• F••• I• L••• filed Form D: $51,020,408 sold of $51,020,408, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
17 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $51.0M May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $51.0M May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1, 3C.7 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2013-05-15 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 2 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering other type: Limited Partnership Interests May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ONE NEWS PLAZA, SUITE 10, BUFFALO, NY, 14203 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2013 May 31, 2013 Fact SEC EDGAR Form D data sets (quarterly)