This provider
The service provider's name, 1,967 additional funds served, 134 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
LCV Management, LP moved a fund from this provider to SPA ASSOCIATES LLC. as auditor.
A client that left; the filing names who replaced this provider.
- Lost1 fund
LAS Olas Venture Capital moved a fund from this provider to Baker Tilly as auditor.
A client that left; the filing names who replaced this provider.
- Won1 fund
Vistra Fund Management S.A. moved a fund to this provider as auditor, from Deloitte.
A new client relationship, first shown on this filing.
- 13 / 20decisions won / lost
In the last 12 months advisers moved 64 funds to this provider (13 decisions) and 54 away (20 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 |
|---|---|---|---|---|---|
| Lightspeed Opportunity Fund III, L.P. | Lightspeed Venture Partners | Auditor | 2024 | $4.3B | Form ADV May 6, 2026 reports.adviserinfo.sec.gov |
| Lightspeed Venture Partners Select V, L.P. | Lightspeed Venture Partners | Auditor | 2022 | $4.0B | Form ADV May 6, 2026 reports.adviserinfo.sec.gov |
| CNK Fund IV, L.P. | Andreessen Horowitz | Auditor | 2023 | $3.6B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
- Lightspeed Venture Partners52 funds, $33B reported gross assets
- Andreessen Horowitz22 funds, $19B reported gross assets
- Greenoaks Capital99 funds, $17B reported gross assets
- Jul 28, 2026Lost Auditor: SPA ASSOCIATES LLC. replaced this provider at Lcgf I, LP · LCV Management, LPForm ADV, previous Mar 26, 2026 reports.adviserinfo.sec.gov
- Jul 1, 2026Lost Auditor: Baker Tilly replaced this provider at LAS Olas Vc II L.P. · LAS Olas Venture CapitalForm ADV, previous Mar 13, 2026 reports.adviserinfo.sec.gov
- Apr 15, 2026Won Auditor: this provider replaced Deloitte at Bpea Private Equity Fund VII, Scsp · Vistra Fund Management S.A.Form ADV, previous Apr 1, 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 1,969 venture funds, 9.8% of the venture funds with an auditor on record. Won 38 and lost 56 adviser decisions from 2024 to 2026: a net loss of 18.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 627 | 49 |
| Institutional venture firm | 552 | 148 |
| Not classified | 341 | 54 |
| Private equity with venture activity | 163 | 29 |
| Micro VC | 86 | 49 |
| Candidate | 64 | 24 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 831 | 237 |
| $25M to $100M | 428 | 190 |
| $100M to $500M | 482 | 177 |
| $500M and over | 229 | 75 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 683 | 99 |
| New York | 189 | 36 |
| Massachusetts | 173 | 23 |
| Texas | 54 | 13 |
| Pennsylvania | 25 | 4 |
| Utah | 25 | 3 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 13 (64) | 19 (51) | none |
| 2025 | 12 (39) | 26 (87) | none |
| 2024 | 13 (56) | 11 (48) | none |
| 2023 | 11 (29) | 16 (66) | none |
| 2022 | 11 (34) | 12 (39) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 14 | 21 |
| Not classified | 12 | 12 |
| Multi-stage venture firm | 8 | 11 |
| Private equity with venture activity | 1 | 5 |
| Candidate | 2 | 2 |
| Micro VC | 1 | 2 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 6 | 9 |
| $25M to $100M | 5 | 14 |
| $100M to $500M | 19 | 23 |
| $500M and over | 8 | 10 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 16 | 9 |
| New York | 3 | 3 |
| Massachusetts | 0 | 5 |
| Tennessee | 1 | 3 |
| Florida | 0 | 3 |
| Texas | 0 | 2 |
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 31, 2026
- PCAOB firm id
- 100185, 1009, 1012, 1021, 1051, 1057, 1116, 1118, 1119, 1124
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.