This provider
The service provider's name, 1 additional fund served
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days.
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 |
|---|---|---|---|---|---|
| Unshackled Ventures Fund III, L.P. | Arpu Research Labs, LLC | Auditor | 2022 | $26.6M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Unshackled Ventures Fund II, L.P. | Arpu Research Labs, LLC | Auditor | unknown | $23.3M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Unshackled Ventures Fund Ii-A, L.P. | Arpu Research Labs, LLC | Auditor | unknown | $12.5M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
- Arpu Research Labs, LLC4 funds, $73.4M reported gross assets
- Mar 31, 2025Won Auditor: this provider replaced Moss Adams at Unshackled Ventures Fund II, L.P. and 2 more of the same manager’s funds · Arpu Research Labs, LLCForm ADV, previous Mar 29, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2025Won Auditor: this provider replaced SENSIBA SAN FILIPPO LLP at Level Labs, L.P. · Arpu Research Labs, LLCForm ADV, previous Mar 29, 2024 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 4 venture funds, 0.0% of the venture funds with an auditor on record. Won 2 and lost 0 adviser decisions from 2024 to 2026: a net gain of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 4 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 3 | 1 |
| $25M to $100M | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 4 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 2 (4) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 2 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 1 | 0 |
| $25M to $100M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 2 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- Moss Adams1 decision, 3 funds
- SENSIBA SAN FILIPPO LLP1 decision, 1 fund
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
- Mar 31, 2025
- Latest filing
- Mar 30, 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: 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.