This provider
The service provider's name, 36 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.
What matters now
- Won7 funds
Harpoon Management, LLC moved 7 funds to this provider as administrator, from ADURO ADVISORS, LLC.
A new client relationship, first shown on this filing.
- Won5 funds
Level Ventures Management LLC moved 5 funds to this provider as administrator, from Carta.
A new client relationship, first shown on this filing.
- Won1 fund
Level Ventures Opportunities V, L.P. moved a fund to this provider as administrator, from Carta.
A new client relationship, first shown on this filing.
- 6 / 0decisions won / lost
In the last 12 months advisers moved 16 funds to this provider (6 decisions) and 0 away (0 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 |
|---|---|---|---|---|---|
| Diffusion ONE, LP | Diffusion Holdings LLC | Administrator | unknown | $729M | Form ADV Aug 21, 2026 reports.adviserinfo.sec.gov |
| OV Oai Holdings, L.P. | Optimist Ventures LLC | Administrator | 2025 | $308M | Form ADV May 28, 2026 reports.adviserinfo.sec.gov |
| Harpoon Ventures Fund III, L.P. | Harpoon Management, LLC | Administrator | 2021 | $184M | Form ADV Mar 26, 2026 reports.adviserinfo.sec.gov |
Managers served
- Diffusion Holdings LLC2 funds, $769M reported gross assets
- Harpoon Management, LLC8 funds, $579M reported gross assets
- Optimist Ventures LLC2 funds, $311M reported gross assets
Change history
- Mar 26, 2026Won Administrator: this provider replaced ADURO ADVISORS, LLC at Harpoon Ventures Fund III, L.P. and 6 more of the same manager’s funds · Harpoon Management, LLCForm ADV, previous Mar 19, 2025 reports.adviserinfo.sec.gov
- Mar 26, 2026Won Administrator: this provider replaced Carta at Chv-Lvl True Anomaly I, L.P. and 4 more of the same manager’s funds · Level Ventures Management LLCForm ADV, previous Jun 11, 2025 reports.adviserinfo.sec.gov
- Mar 26, 2026Won Administrator: this provider replaced Carta at Level Ventures Opportunities V, L.P.Form ADV, previous Jun 11, 2025 reports.adviserinfo.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 39 venture funds, 0.1% of the venture funds with an administrator on record. Won 6 and lost 0 adviser decisions from 2024 to 2026: a net gain of 6.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Multi-stage venture firm | 13 | 2 |
| Institutional venture firm | 12 | 4 |
| Not classified | 11 | 0 |
| Corporate venture | 2 | 1 |
| Micro VC | 1 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 26 | 4 |
| $25M to $100M | 6 | 5 |
| $100M to $500M | 6 | 3 |
| $500M and over | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 11 | 3 |
| New York | 11 | 3 |
| Florida | 5 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 5 (15) | 0 (0) | none |
| 2025 | 1 (1) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 2 | 0 |
| Multi-stage venture firm | 2 | 0 |
| Not classified | 2 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 2 | 0 |
| $25M to $100M | 2 | 0 |
| $100M to $500M | 2 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 1 | 0 |
| Florida | 1 | 0 |
| New York | 1 | 0 |
Loses most often to
No adviser moved a fund from this provider in the last three years.
Wins most often from
- Carta4 decisions, 8 funds
- ADURO ADVISORS, LLC2 decisions, 8 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.
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
- Aug 22, 2025
- Latest filing
- Aug 27, 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.