What changed in the venture market, and who it matters to

2 opportunities match, dated in the last 30 days, newest first.

Inferred fund closeInferredSep 12, 2026 · the filing that confirms the inference

Why now: Inferred fund close, confirmed by a filing of Sep 12, 2026.

Relevant to Founders, Service providers, LPsRelevant to providers: no auditor on record for this fund or its manager.

What happened, who is involved, evidence

What happened: Reef Pass Investors WIN, LP: first Form ADV report after its Form D first sale (2024-11-21) shows gross assets of $9.6M against $7.1M sold; at least a first close has happened (inferred).
Why it may matter: A fund that appears to have finished raising has its full capital to deploy.Potential need: administration and audit at full size, capital-call line
Who could care: Founders looking for a fund with fresh capital; administrators, auditors and fund finance banks; LPs
Who is involved: Reef Pass Investors (manager)Potential decision makers: Robert Brown, Founding PartnerFirm email on record (on the record, under its rights check)
Existing providers: Administrator: Carta; Custodian: JPMorganNamed for this fund on Form ADV Schedule DNot on record for this fund or its manager: auditor
Evidence: Reef Pass Investors WIN, LP: first Form ADV report after its Form D first sale (2024-11-21) shows gross assets of $9.6M against $7.1M sold; at least a first close has happened (inferred) · Sep 12, 2026 · DFX derived signal dsig-3$9.6M gross assets on Form ADV · Under $10MInference, medium confidence: A fund reports gross assets on Form ADV once it holds capital; assets of at least half the Form D amount sold, first reported after the first sale, mean capital was called. A close is inferred, never filed.

Inferred fund closeInferredSep 12, 2026 · the filing that confirms the inference

Why now: Inferred fund close, confirmed by a filing of Sep 12, 2026.

Relevant to Founders, Service providers, LPs

What happened, who is involved, evidence

What happened: Category Ventures I, L.P.: first Form ADV report after its Form D first sale (2024-11-04) shows gross assets of $156.6M against $158.5M sold; at least a first close has happened (inferred).
Why it may matter: A fund that appears to have finished raising has its full capital to deploy.Potential need: administration and audit at full size, capital-call line
Who could care: Founders looking for a fund with fresh capital; administrators, auditors and fund finance banks; LPs
Who is involved: Category Ventures Management Company, LLC (manager)Firm phone or website on record (on the record, under its rights check)
Existing providers: Administrator: ADURO ADVISORS, LLC; Auditor: Frank, Rimerman + Co.; Custodian: Silicon Valley BankNamed for this fund on Form ADV Schedule D
Evidence: Category Ventures I, L.P.: first Form ADV report after its Form D first sale (2024-11-04) shows gross assets of $156.6M against $158.5M sold; at least a first close has happened (inferred) · Sep 12, 2026 · DFX derived signal dsig-3$157M gross assets on Form ADV · $50M to $250MInference, medium confidence: A fund reports gross assets on Form ADV once it holds capital; assets of at least half the Form D amount sold, first reported after the first sale, mean capital was called. A close is inferred, never filed.

Rebuilt from the filings several times a day. Existing providers come from Form ADV Schedule D; potential decision makers from Form ADV Schedule A, Form D related persons and firm team pages. Service providers · Emerging managers and fund cycles · Find investors for a raise