This provider
The service provider's name, 44 additional funds served, 23 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.
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 |
|---|---|---|---|---|---|
| RED Tree Venture Fund, L.P. | RED Tree Management, LLC | Administrator | 2020 | $242M | Form ADV Mar 16, 2026 reports.adviserinfo.sec.gov |
| DAG Ventures VI, L.P. | DAG Ventures | Administrator | 2015 | $185M | Form ADV Apr 14, 2026 reports.adviserinfo.sec.gov |
| Sorenson Ventures, L.P. | West Rim II Ugp, LLC | Administrator | 2018 | $171M | Form ADV Jul 16, 2026 reports.adviserinfo.sec.gov |
Managers served
- West Rim II Ugp, LLC5 funds, $365M reported gross assets
- RED Tree Management, LLC4 funds, $242M reported gross assets
- DAG Ventures2 funds, $198M reported gross assets
Change history
- Mar 31, 2025Lost Administrator: SS&C replaced this provider at Sorenson Ventures III, L.P. · West Rim II Ugp, LLCForm ADV, previous Mar 28, 2024 reports.adviserinfo.sec.gov
- Mar 29, 2024Lost Administrator: REDBRICK ASSOCIATES, LLC replaced this provider at MDV Enf VII (a), L.P. and 8 more of the same manager’s funds · Mohr Davidow VenturesForm ADV, previous Mar 31, 2021 sec.gov
- Mar 31, 2023Rename Administrator: Alter Domus replaced this provider at Founders Circle Capital I Opportunities Fund, LP and 18 more of the same manager’s funds · Founders Circle Capital, LLCForm ADV, previous May 2, 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 47 venture funds, 0.1% of the venture funds with an administrator on record. Won 0 and lost 2 adviser decisions from 2024 to 2026: a net loss of 2.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 13 | 5 |
| Candidate | 8 | 1 |
| Venture studio | 8 | 1 |
| Private equity with venture activity | 6 | 2 |
| Multi-stage venture firm | 4 | 1 |
| Micro VC | 3 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 33 | 11 |
| $25M to $100M | 7 | 5 |
| $100M to $500M | 7 | 5 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 21 | 8 |
| Colorado | 8 | 1 |
| Florida | 8 | 1 |
| Utah | 6 | 2 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2025 | 0 (0) | 1 (1) | none |
| 2024 | 0 (0) | 1 (9) | none |
| 2023 | 0 (0) | 1 (1) | none |
| 2022 | 0 (0) | 16 (69) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 0 | 1 |
| Private equity with venture activity | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| $25M to $100M | 0 | 1 |
| $100M to $500M | 0 | 1 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 0 | 1 |
| Utah | 0 | 1 |
Loses most often to
- REDBRICK ASSOCIATES, LLC1 decision, 9 funds
- SS&C1 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
- May 11, 2015
- Latest filing
- Jul 16, 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.