This provider
The service provider's name, 297 additional funds served, 79 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
Capria Ventures LLC moved a fund from this provider to ASA & ASSOCIATES LLP as auditor.
A client that left; the filing names who replaced this provider.
- Won3 funds
VBI Real Estate moved 3 funds to this provider as auditor, from KPMG.
A new client relationship, first shown on this filing.
- Won9 funds
Archimed moved 9 funds to this provider as administrator, from CACEIS BANK FRANCE S.A..
A new client relationship, first shown on this filing.
- 6 / 3decisions won / lost
In the last 12 months advisers moved 31 funds to this provider (6 decisions) and 11 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 |
|---|---|---|---|---|---|
| Apple Tree Partners IV, L.P. | Apple Tree Venture Management LLC | Auditor | 2013 | $3.6B | Form ADV Apr 7, 2026 reports.adviserinfo.sec.gov |
| Dawn Capital V Scsp | Dawn Capital LLP | Auditor | 2022 | $922M | Form ADV Jun 24, 2026 reports.adviserinfo.sec.gov |
| Truebridge Capital Venture Partners IV, LLC | Truebridge Capital Partners | Auditor | 2022 | $445M | Form ADV Apr 29, 2026 reports.adviserinfo.sec.gov |
- Apple Tree Venture Management LLC1 fund, $3.6B reported gross assets
- Dawn Capital LLP6 funds, $1.9B reported gross assets
- Moonrise Capital LP6 funds, $1.1B reported gross assets
- Aug 26, 2026Lost Auditor: ASA & ASSOCIATES LLP replaced this provider at Unitus Seed Fund, LP · Capria Ventures LLCForm ADV, previous Apr 17, 2026 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Auditor: this provider replaced KPMG at Pátria Edifícios Corporativos Fii - Patc and 2 more of the same manager’s funds · VBI Real EstateForm ADV, previous Jun 11, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Administrator: this provider replaced CACEIS BANK FRANCE S.A. at Mpi-Coi-Namsa S.L.P. and 8 more of the same manager’s funds · ArchimedForm ADV, previous Mar 24, 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 289 venture funds, 1.4% of the venture funds with an auditor on record. Won 17 and lost 6 adviser decisions from 2024 to 2026: a net gain of 11.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Not classified | 114 | 20 |
| Institutional venture firm | 51 | 15 |
| Multi-stage venture firm | 34 | 8 |
| Private equity with venture activity | 33 | 9 |
| Candidate | 28 | 16 |
| Micro VC | 19 | 8 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 146 | 61 |
| $25M to $100M | 73 | 39 |
| $100M to $500M | 71 | 31 |
| $500M and over | 10 | 8 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 33 | 7 |
| New York | 21 | 9 |
| Florida | 14 | 3 |
| Texas | 13 | 8 |
| Colorado | 11 | 2 |
| Connecticut | 10 | 3 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 6 (31) | 3 (11) | none |
| 2025 | 8 (12) | 2 (59) | none |
| 2024 | 3 (40) | 1 (2) | none |
| 2023 | 7 (14) | 5 (5) | none |
| 2022 | 4 (5) | 5 (6) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Not classified | 10 | 1 |
| Corporate venture | 2 | 1 |
| Institutional venture firm | 3 | 0 |
| Candidate | 1 | 1 |
| Multi-stage venture firm | 1 | 1 |
| Private equity with venture activity | 1 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 3 | 3 |
| $25M to $100M | 5 | 1 |
| $100M to $500M | 8 | 1 |
| $500M and over | 2 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 1 | 1 |
| Utah | 1 | 1 |
| Washington | 1 | 1 |
| Massachusetts | 1 | 0 |
| New Jersey | 1 | 0 |
| Tennessee | 1 | 0 |
Loses most often to
- Frank, Rimerman + Co.1 decision, 57 funds
- TANNER LLC1 decision, 9 funds
- MSK & ASSOCIATES1 decision, 2 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
- Feb 13, 2012
- Latest filing
- Aug 31, 2026
- PCAOB firm id
- 1215, 1232, 1337, 1390, 1402, 2416, 248, 5270, 5346
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.