This provider
The service provider's name, 1,840 additional funds served, 113 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
3spoke Management, LLC moved a fund from this provider to CohnReznick as auditor.
A client that left; the filing names who replaced this provider.
- Lost1 fund
Camford Capital Management, LLC moved a fund from this provider to Frank, Rimerman + Co. as auditor.
A client that left; the filing names who replaced this provider.
- 14 / 15decisions won / lost
In the last 12 months advisers moved 86 funds to this provider (14 decisions) and 78 away (15 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared - Lost39 funds
Quiet Capital Management, LLC moved 39 funds from this provider to KPMG as auditor.
A client that left; the filing names who replaced this provider.
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 |
|---|---|---|---|---|---|
| YC II, L.P. | Y Combinator | Auditor | 2018 | $7.8B | Form ADV Mar 27, 2026 reports.adviserinfo.sec.gov |
| The Founders Fund VI, LP | Founders Fund LLC | Auditor | 2016 | $7.4B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| RUY Perez | Founders Fund LLC | Auditor | unknown | $6.6B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
- Founders Fund LLC17 funds, $43B reported gross assets
- Y Combinator16 funds, $20B reported gross assets
- Sapphire Ventures, LLC24 funds, $7.4B reported gross assets
- May 22, 2026Lost Auditor: CohnReznick replaced this provider at 3spoke Capital III, LP · 3spoke Management, LLCForm ADV, previous Apr 6, 2026 reports.adviserinfo.sec.gov
- Apr 2, 2026Lost Auditor: Frank, Rimerman + Co. replaced this provider at Camford Capital, LP · Camford Capital Management, LLCForm ADV, previous Jun 27, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2026Lost Auditor: KPMG replaced this provider at Tacit Capital Fund, LP - Series J1 and 38 more of the same manager’s funds · Quiet Capital Management, LLCForm ADV, previous Apr 25, 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 1,839 venture funds, 9.2% of the venture funds with an auditor on record. Won 64 and lost 66 adviser decisions from 2024 to 2026: a net loss of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 707 | 141 |
| Multi-stage venture firm | 667 | 69 |
| Not classified | 130 | 25 |
| Micro VC | 95 | 52 |
| Candidate | 62 | 29 |
| Corporate venture | 54 | 17 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 920 | 249 |
| $25M to $100M | 458 | 220 |
| $100M to $500M | 364 | 164 |
| $500M and over | 101 | 37 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 724 | 116 |
| New York | 282 | 46 |
| Texas | 122 | 18 |
| Massachusetts | 77 | 20 |
| Virginia | 74 | 4 |
| Connecticut | 34 | 4 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 14 (86) | 15 (78) | none |
| 2025 | 25 (88) | 18 (101) | none |
| 2024 | 25 (80) | 33 (157) | none |
| 2023 | 17 (68) | 19 (46) | none |
| 2022 | 24 (79) | 11 (21) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 35 | 29 |
| Multi-stage venture firm | 12 | 18 |
| Micro VC | 6 | 3 |
| Not classified | 4 | 4 |
| Private equity with venture activity | 2 | 3 |
| Seed fund manager | 2 | 3 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 6 | 9 |
| $25M to $100M | 18 | 16 |
| $100M to $500M | 35 | 27 |
| $500M and over | 6 | 14 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 15 | 32 |
| New York | 8 | 3 |
| Texas | 10 | 1 |
| Massachusetts | 5 | 1 |
| Florida | 0 | 4 |
| Illinois | 2 | 2 |
Loses most often to
- KPMG13 decisions, 113 funds
- Frank, Rimerman + Co.13 decisions, 52 funds
- EY8 decisions, 35 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. 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 auditor opportunity list
- First named
- Jan 3, 2012
- Latest filing
- Aug 27, 2026
- PCAOB firm id
- 1010, 1034, 11880, 1295, 1432, 2162, 234, 243, 244, 26162
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.