This provider
The service provider's name, 53 additional funds served, 3 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.
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 |
|---|---|---|---|---|---|
| Proof of Capital, LP | Race Capital Management Company, L.L.C. | Custodian | unknown | $236M | Form ADV Mar 27, 2026 reports.adviserinfo.sec.gov |
| Wave Equity Fund LP | Wave Equity Partners | Custodian | unknown | $209M | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
| Race Capital II, L.P. | Race Capital Management Company, L.L.C. | Custodian | unknown | $197M | Form ADV Mar 27, 2026 reports.adviserinfo.sec.gov |
- Race Capital Management Company, L.L.C.3 funds, $449M reported gross assets
- Wave Equity Partners8 funds, $390M reported gross assets
- The House Fund, LLC19 funds, $315M reported gross assets
- Mar 31, 2025Won Custodian: this provider replaced Silicon Valley Bank at Task Force X Fund III, LP and 6 more of the same manager’s funds · Task Force X Capital Management, LLCForm ADV, previous Mar 28, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2025Succession Custodian: JPMorgan, this provider replaced First Republic Bank at The House Fund Breakout VI, L.P. and 5 more of the same manager’s funds · The House Fund, LLCForm ADV, previous Mar 29, 2024 reports.adviserinfo.sec.gov
- Mar 28, 2025Won Custodian: this provider replaced First Republic Bank at 10talents Private Fund V, LP and 13 more of the same manager’s funds · 10talents Investors, LLCForm ADV, previous Jul 3, 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 custodian on 56 venture funds, 0.1% of the venture funds with a custodian on record. Won 4 and lost 0 adviser decisions from 2024 to 2026: a net gain of 4.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 19 | 1 |
| Not classified | 14 | 1 |
| Micro VC | 11 | 5 |
| Private equity with venture activity | 8 | 1 |
| Institutional venture firm | 4 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 46 | 7 |
| $25M to $100M | 6 | 4 |
| $100M to $500M | 4 | 2 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 24 | 4 |
| Massachusetts | 9 | 2 |
| South Carolina | 7 | 1 |
| Georgia | 2 | 2 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 4 (29) | 0 (0) | 2 in, 0 out |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Micro VC | 2 | 0 |
| Private equity with venture activity | 1 | 0 |
| Not classified | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 3 | 0 |
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 1 | 0 |
| Massachusetts | 1 | 0 |
| South Carolina | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- First Republic Bank2 decisions, 21 funds
- Silicon Valley Bank1 decision, 7 funds
- JPMorgan1 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. By acquisition (a succession, never counted as won or lost): 2 in (7 funds), 0 out (0 funds).
The managers to call are listed by name for a reader with the venture graph. See the custodian opportunity list
- First named
- Jan 12, 2022
- Latest filing
- Aug 25, 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 custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.