This provider
The service provider's name, 40 additional funds served, 1 provider change
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.
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 |
|---|---|---|---|---|---|
| Baseline Ultra Core, L.P. | Baseline Ventures | Administrator | unknown | $215M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| The Baseline Core Fund, LLC | Baseline Ventures | Administrator | 2011 | $201M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
| Work-Bench Ventures II, LP | Work-Bench Management, LLC | Administrator | 2017 | $165M | Form ADV Mar 31, 2026 reports.adviserinfo.sec.gov |
Managers served
- Baseline Ventures10 funds, $613M reported gross assets
- Work-Bench Management, LLC9 funds, $513M reported gross assets
- YU Galaxy LLC4 funds, $220M reported gross assets
Change history
- Mar 31, 2025Won Administrator: this provider replaced ADURO ADVISORS, LLC at Work-Bench Kelethin, LLC and 7 more of the same manager’s funds · Work-Bench Management, LLCForm ADV, previous Mar 26, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2025Won Administrator: this provider replaced LEVATA MANAGEMENT LLC at YU Star Select I, LP and 1 more of the same manager’s funds · YU Galaxy LLCForm ADV, previous Apr 8, 2024 reports.adviserinfo.sec.gov
- Mar 29, 2023Won Administrator: this provider replaced ADURO ADVISORS, LLC at Baseline Ventures Growth Fund, LLC and 8 more of the same manager’s funds · Baseline VenturesForm ADV, previous Mar 31, 2022 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 43 venture funds, 0.1% of the venture funds with an administrator 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 | |
|---|---|---|
| Multi-stage venture firm | 14 | 2 |
| Institutional venture firm | 9 | 2 |
| Seed fund manager | 9 | 1 |
| Not classified | 6 | 1 |
| Micro VC | 5 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 23 | 6 |
| $25M to $100M | 12 | 6 |
| $100M to $500M | 7 | 3 |
| $500M and over | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| Wyoming | 10 | 1 |
| New York | 9 | 1 |
| South Carolina | 8 | 2 |
| California | 6 | 2 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 2 (10) | 0 (0) | none |
| 2023 | 1 (9) | 0 (0) | none |
| 2021 | 1 (4) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Multi-stage venture firm | 1 | 0 |
| Seed fund manager | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 1 | 0 |
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| 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
- ADURO ADVISORS, LLC1 decision, 8 funds
- name-levatamanagement1 decision, 2 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
- Feb 26, 2021
- Latest filing
- May 13, 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.