This provider
The service provider's name, 24,868 additional funds served, 18 provider changes
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- Lost1 fund
Gagarin Capital Advisers, LLC moved a fund from this provider to PLATFORM ADVISOR, LLC as administrator.
A client that left; the filing names who replaced this provider.
- Lost1 fund
A venture manager moved a fund from this provider to Belltower Fund Group (AngelList) as administrator.
A client that left; the filing names who replaced this provider.
- Lost1 fund
A venture manager moved a fund from this provider to Belltower Fund Group (AngelList) as administrator.
A client that left; the filing names who replaced this provider.
- 1 / 3decisions won / lost
In the last 12 months advisers moved 1 fund to this provider (1 decision) and 3 away (3 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared
A fund is served when its adviser names this provider in the role on the fund’s latest Form ADV, or names it as a sales compensation recipient on a Form D. Gross assets are the adviser’s own figure on Form ADV; an implausible figure is left out rather than printed.
| Fund | Manager | Role | Vintage | Gross assets | Latest filing |
|---|---|---|---|---|---|
| Naval Ravikant Angellist Fund V, LP | this provider | Marketer | 2017 | $91.3M | Form ADV Jun 4, 2026 reports.adviserinfo.sec.gov |
| Wayfinder Ventures, LP | Wayfinder Ventures Management, L.L.C. | Marketer | unknown | $76.1M | Form ADV Mar 31, 2022 sec.gov |
| Obsidian Spice LLC | this provider | Marketer | 2018 | $73.5M | Form ADV Jun 4, 2026 reports.adviserinfo.sec.gov |
- Angellist Advisors19,607 funds, $1.7B reported gross assets
- Nebular Management, LLC4 funds, $92.5M reported gross assets
- Wayfinder Ventures Management, L.L.C.1 fund, $76.1M reported gross assets
- Apr 17, 2026Lost Administrator: PLATFORM ADVISOR, LLC replaced this provider at DVC AI Growth Fund I, LP · Gagarin Capital Advisers, LLCForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 24, 2026Lost Administrator: Belltower Fund Group (AngelList) replaced this provider at a fundForm ADV, previous Mar 10, 2026 reports.adviserinfo.sec.gov
- Mar 24, 2026Lost Administrator: Belltower Fund Group (AngelList) replaced this provider at a fundForm ADV, previous Mar 10, 2026 reports.adviserinfo.sec.gov
A decision is one manager’s filing that names a different provider in the role with none carried over. An acquisition is shown as a succession and never counted as won or lost; two names of one firm family are neither.
Named as marketer on 24,847 venture funds, 85.0% of the venture funds with a marketer on record. Won 2 and lost 5 adviser decisions from 2024 to 2026: a net loss of 3.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Syndicate platform | 19,612 | 4 |
| Not classified | 4,867 | 2 |
| Institutional venture firm | 184 | 32 |
| Micro VC | 137 | 29 |
| Seed fund manager | 30 | 18 |
| Multi-stage venture firm | 18 | 7 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 24,772 | 94 |
| $25M to $100M | 92 | 20 |
| $100M to $500M | 7 | 2 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 19,635 | 13 |
| New York | 34 | 9 |
| Florida | 17 | 3 |
| Massachusetts | 7 | 4 |
| New Jersey | 2 | 1 |
| Missouri | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 1 (1) | 3 (3) | none |
| 2025 | 0 (0) | 1 (1) | none |
| 2024 | 1 (1) | 1 (1) | none |
| 2023 | 1 (1) | 4 (8) | none |
| 2022 | 1 (2) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Not classified | 1 | 3 |
| Seed fund manager | 0 | 2 |
| Syndicate platform | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 2 | 4 |
| $25M to $100M | 0 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 1 | 0 |
| Tennessee | 0 | 1 |
Loses most often to
- Belltower Fund Group (AngelList)3 decisions, 3 funds
- Carta1 decision, 1 fund
- PLATFORM ADVISOR, LLC1 decision, 1 fund
Wins most often from
- Carta1 decision, 1 fund
- FLOW1 decision, 1 fund
- Belltower Fund Group (AngelList)1 decision, 1 fund
Decisions since 2023 for the breakdowns and the lists, five filing years for the table. One manager’s filing is one decision however many funds it moves. No change to or from this provider is recorded as an acquisition.
The managers to call are listed by name for a reader with the venture graph. See the placement agent opportunity list
- First named
- Mar 31, 2014
- Latest filing
- Aug 30, 2026
- CRD
- 167700
Sources: SEC Form ADV Schedule D (Section 7.B.(1) items 23 to 28) and Form D sales compensation recipients, each row linked to its filing above.
Ask: Which venture funds switched marketer to or away from this provider in the last 12 months?
A provider can be followed from its named record.