This provider
The service provider's name, 59 additional funds served, 4 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
- Lost2 funds
M25 moved 2 funds from this provider to EAGAN & COMPANY as administrator.
A client that left; the filing names who replaced this provider.
- Lost1 fund
MBX Capital moved a fund from this provider to ADURO ADVISORS, LLC as administrator.
A client that left; the filing names who replaced this provider.
- 0 / 2decisions won / lost
In the last 12 months advisers moved 0 funds to this provider (0 decisions) and 3 away (2 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared
Funds served
About this sectionA 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 |
|---|---|---|---|---|---|
| Spacefaring Ventures Fund 2 LLC | Spacefaring Ventures LLC | Administrator | 2021 | $77.3M | Form ADV Apr 3, 2026 reports.adviserinfo.sec.gov |
| Spacefaring Ventures Fund | Spacefaring Ventures LLC | Administrator | 2021 | $28.4M | Form ADV Apr 3, 2026 reports.adviserinfo.sec.gov |
| Spacefaring Ventures Fund 3, LLC | Spacefaring Ventures LLC | Administrator | 2021 | $13.1M | Form ADV Apr 3, 2026 reports.adviserinfo.sec.gov |
Managers served
- Spacefaring Ventures LLC11 funds, $143M reported gross assets
- The Garage Syndicate Management LLC13 funds, $7.5M reported gross assets
- Saas Ventures, L.L.C.2 funds, $663,332 reported gross assets
Change history
- Mar 31, 2026Lost Administrator: EAGAN & COMPANY replaced this provider at M25 Loop a Series of M25 Spv LLC and 1 more of the same manager’s funds · M25Form ADV, previous Mar 11, 2025 reports.adviserinfo.sec.gov
- Mar 9, 2026Lost Administrator: ADURO ADVISORS, LLC replaced this provider at Capsule 8, a Series of Mbx Capital Opportunities I, LLC · MBX CapitalForm ADV, previous Mar 21, 2025 reports.adviserinfo.sec.gov
- Feb 14, 2024Lost Administrator: UPSTREAM.TAX, LLC replaced this provider at Nrws I LLC and 13 more of the same manager’s funds · Massive Capital PartnersForm ADV, previous Jun 21, 2023 sec.gov
Competitive position
About this sectionA 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 administrator on 61 venture funds, 0.1% of the venture funds with an administrator on record. Won 0 and lost 3 adviser decisions from 2024 to 2026: a net loss of 3.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Micro VC | 17 | 3 |
| Multi-stage venture firm | 16 | 3 |
| Syndicate platform | 13 | 1 |
| Candidate | 11 | 1 |
| Institutional venture firm | 2 | 2 |
| Seed fund manager | 2 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 59 | 11 |
| $25M to $100M | 2 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 14 | 2 |
| New York | 13 | 1 |
| Colorado | 6 | 1 |
| Massachusetts | 2 | 2 |
| Illinois | 1 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 0 (0) | 2 (3) | none |
| 2024 | 0 (0) | 1 (14) | none |
| 2023 | 2 (2) | 1 (1) | none |
| 2022 | 1 (7) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Multi-stage venture firm | 0 | 2 |
| Micro VC | 0 | 1 |
| Private equity with venture activity | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 0 | 4 |
Manager state
| Won | Lost | |
|---|---|---|
| New York | 0 | 2 |
| Colorado | 0 | 1 |
| Illinois | 0 | 1 |
Loses most often to
- UPSTREAM.TAX, LLC1 decision, 14 funds
- EAGAN & COMPANY1 decision, 2 funds
- Carta1 decision, 1 fund
Wins most often from
No adviser moved a fund to this provider in the last three years.
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.
Who to call
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
Filing evidence
- First named
- Jan 24, 2022
- Latest filing
- Apr 3, 2026
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 and follow
Ask: Which venture funds switched administrator to or away from this provider in the last 12 months?
A provider can be followed from its named record.