This provider
The service provider's name, 166 additional funds served, 19 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
- Won1 fund
Vault Fund LP moved a fund to this provider as administrator, from Carta.
A new client relationship, first shown on this filing.
- Won1 fund
Valley Capital Management, LLC moved a fund to this provider as administrator, from Apex Group.
A new client relationship, first shown on this filing.
- Won1 fund
Marketx Securities, LLC moved a fund to this provider as administrator, from Carta.
A new client relationship, first shown on this filing.
- 9 / 0decisions won / lost
In the last 12 months advisers moved 24 funds to this provider (9 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
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 |
|---|---|---|---|---|---|
| Seifdune Semiconductors I, LP | Seifdune Management, LP | Administrator | 2023 | $173M | Form ADV May 29, 2026 reports.adviserinfo.sec.gov |
| ERA Investors Fund 7 LLC | Entrepreneurs Roundtable Accelerator, LLC | Administrator | 2021 | $92.4M | Form ADV Jun 4, 2026 reports.adviserinfo.sec.gov |
| Array Ventures III, LP | Array Ventures Management LLC | Administrator | unknown | $86.0M | Form ADV Aug 24, 2026 reports.adviserinfo.sec.gov |
- Entrepreneurs Roundtable Accelerator, LLC12 funds, $462M reported gross assets
- Seifdune Management, LP2 funds, $174M reported gross assets
- Array Ventures Management LLC5 funds, $145M reported gross assets
- Mar 31, 2026Won Administrator: this provider replaced Carta at Vault Fund I LP · Vault Fund LPForm ADV, previous Nov 14, 2024 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Administrator: this provider replaced Apex Group at VCP Invest IV, LLC · Valley Capital Management, LLCForm ADV, previous Apr 14, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Administrator: this provider replaced Carta at Marketx Big Id Fund I, a Series of Marketx Ventures LLC · Marketx Securities, LLCForm ADV, previous Mar 30, 2025 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 administrator on 169 venture funds, 0.4% of the venture funds with an administrator on record. Won 19 and lost 1 adviser decisions from 2024 to 2026: a net gain of 18.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 57 | 18 |
| Micro VC | 31 | 13 |
| Multi-stage venture firm | 23 | 5 |
| Corporate venture | 18 | 3 |
| Accelerator | 15 | 2 |
| Seed fund manager | 11 | 5 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 111 | 39 |
| $25M to $100M | 56 | 32 |
| $100M to $500M | 2 | 2 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 31 | 12 |
| New York | 22 | 6 |
| Texas | 15 | 2 |
| Hawaii | 3 | 1 |
| Colorado | 2 | 1 |
| Florida | 2 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 9 (24) | 0 (0) | none |
| 2025 | 4 (17) | 1 (15) | none |
| 2024 | 6 (13) | 0 (0) | none |
| 2023 | 2 (3) | 0 (0) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 6 | 0 |
| Micro VC | 4 | 0 |
| Multi-stage venture firm | 3 | 1 |
| Seed fund manager | 3 | 0 |
| Accelerator | 1 | 0 |
| Candidate | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 6 | 1 |
| $25M to $100M | 12 | 0 |
| $100M to $500M | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 4 | 1 |
| Colorado | 1 | 0 |
| Indiana | 1 | 0 |
| New York | 1 | 0 |
| Texas | 1 | 0 |
Loses most often to
- ATLAS FUND SERVICES, LLC1 decision, 15 funds
Wins most often from
- ADURO ADVISORS, LLC3 decisions, 7 funds
- Carta3 decisions, 6 funds
- Standish Management2 decisions, 5 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.
The managers to call are listed by name for a reader with the venture graph. See the administrator opportunity list
- First named
- Jan 27, 2023
- Latest filing
- Aug 24, 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 administrator to or away from this provider in the last 12 months?
A provider can be followed from its named record.