This provider
The service provider's name, 509 additional funds served, 108 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
- Won1 fund
LAS Olas Venture Capital moved a fund to this provider as auditor, from KPMG.
A new client relationship, first shown on this filing.
- Won1 fund
Cerracap, LLC moved a fund to this provider as auditor, from Carta.
A new client relationship, first shown on this filing.
- Won1 fund
Lumia Capital moved a fund to this provider as administrator, from MOSS ADAM.
A new client relationship, first shown on this filing.
- 13 / 3decisions won / lost
In the last 12 months advisers moved 33 funds to this provider (13 decisions) and 4 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 |
|---|---|---|---|---|---|
| Optum Venture Partners, LP | Optum Ventures | Auditor | unknown | $1.4B | Form ADV Mar 25, 2026 reports.adviserinfo.sec.gov |
| Section 32 Fund 4, LP | Section 32, LLC | Auditor | 2022 | $893M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Section 32 Fund 5, LP | Section 32, LLC | Auditor | 2022 | $627M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
- Optum Ventures6 funds, $2.6B reported gross assets
- Section 32, LLC6 funds, $2.5B reported gross assets
- Bonfire Ventures6 funds, $955M reported gross assets
- Jul 1, 2026Won Auditor: this provider replaced KPMG at LAS Olas Vc II L.P. · LAS Olas Venture CapitalForm ADV, previous Mar 13, 2026 reports.adviserinfo.sec.gov
- Apr 1, 2026Succession Auditor: this provider replaced Moss Adams at Rocketship.vc Fund II, L.P. and 1 more of the same manager’s funds · Rocketship.vc, LLCForm ADV, previous Mar 28, 2025 reports.adviserinfo.sec.gov
- Apr 1, 2026Won Auditor: this provider replaced Carta at Cerracap II LP · Cerracap, LLCForm ADV, previous Mar 27, 2025 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 auditor on 502 venture funds, 2.5% of the venture funds with an auditor on record. Won 20 and lost 11 adviser decisions from 2024 to 2026: a net gain of 9.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 255 | 54 |
| Multi-stage venture firm | 151 | 14 |
| Not classified | 43 | 11 |
| Micro VC | 20 | 14 |
| Corporate venture | 16 | 7 |
| Private equity with venture activity | 10 | 4 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 300 | 68 |
| $25M to $100M | 141 | 70 |
| $100M to $500M | 66 | 39 |
| $500M and over | 5 | 4 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 111 | 38 |
| Florida | 100 | 6 |
| Texas | 26 | 7 |
| Delaware | 21 | 1 |
| Arizona | 18 | 4 |
| Illinois | 10 | 4 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 12 (31) | 3 (4) | 42 in, 0 out |
| 2025 | 1 (2) | 5 (12) | 2 in, 0 out |
| 2024 | 7 (32) | 3 (6) | none |
| 2023 | 7 (13) | 4 (24) | none |
| 2022 | 2 (7) | 3 (6) | 1 in, 0 out |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 9 | 3 |
| Multi-stage venture firm | 5 | 1 |
| Not classified | 1 | 3 |
| Seed fund manager | 1 | 2 |
| Corporate venture | 2 | 0 |
| Micro VC | 1 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 8 | 5 |
| $25M to $100M | 7 | 3 |
| $100M to $500M | 5 | 3 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 7 | 2 |
| Texas | 3 | 3 |
| Florida | 2 | 1 |
| Arizona | 2 | 0 |
| Illinois | 0 | 1 |
| New York | 1 | 0 |
Loses most often to
- WEAVER AND TIDWELL, L.L.P.2 decisions, 5 funds
- Alter Domus1 decision, 5 funds
- PLANTE & MORAN, PLLC1 decision, 4 funds
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. By acquisition (a succession, never counted as won or lost): 45 in (121 funds), 0 out (0 funds).
The managers to call are listed by name for a reader with the venture graph. See the auditor opportunity list
- First named
- Mar 29, 2012
- Latest filing
- Aug 28, 2026
- PCAOB firm id
- 10487, 23, 28, 3064, 5881, 6829
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 auditor to or away from this provider in the last 12 months?
A provider can be followed from its named record.