This provider
The service provider's name, 117 additional funds served, 42 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
- Won4 funds
Sandlot Partners, LLC moved 4 funds to this provider as auditor, from FORVIS, LLP.
A new client relationship, first shown on this filing.
- Lost2 funds
Cintrifuse Capital moved 2 funds from this provider to PLANTE & MORAN, PLLC as auditor.
A client that left; the filing names who replaced this provider.
- Lost5 funds
Firstmile Ventures, LLC moved 5 funds from this provider to Armanino as auditor.
A client that left; the filing names who replaced this provider.
- 2 / 2decisions won / lost
In the last 12 months advisers moved 8 funds to this provider (2 decisions) and 7 away (2 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 |
|---|---|---|---|---|---|
| Room40 Capital Partners Master LP | Room40 Capital LLC | Auditor | 2024 | $210M | Form ADV May 13, 2026 reports.adviserinfo.sec.gov |
| Leap Partners I, LP | Leap Global Partners | Auditor | 2012 | $121M | Form ADV Feb 20, 2026 reports.adviserinfo.sec.gov |
| Ethereal Ventures Fund I L.P. | Ethereal Ventures Management Ltd. | Auditor | unknown | $92.3M | Form ADV Mar 23, 2026 reports.adviserinfo.sec.gov |
- Room40 Capital LLC1 fund, $210M reported gross assets
- Leap Global Partners12 funds, $179M reported gross assets
- Cottonwood Capital Group2 funds, $158M reported gross assets
- May 15, 2026Won Auditor: this provider replaced FORVIS, LLP at Sandlot Partners Opportunity Fund VII LLC and 3 more of the same manager’s funds · Sandlot Partners, LLCForm ADV, previous Mar 31, 2026 reports.adviserinfo.sec.gov
- Mar 24, 2026Lost Auditor: PLANTE & MORAN, PLLC replaced this provider at Cintrifuse Early Stage Capital Fund I, LLC and 1 more of the same manager’s funds · Cintrifuse CapitalForm ADV, previous Feb 2, 2026 reports.adviserinfo.sec.gov
- Mar 10, 2026Lost Auditor: Armanino replaced this provider at PV Ventures II, L.P. and 4 more of the same manager’s funds · Firstmile Ventures, LLCForm ADV, previous Mar 27, 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 auditor on 120 venture funds, 0.6% of the venture funds with an auditor on record. Won 10 and lost 11 adviser decisions from 2024 to 2026: a net loss of 1.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 35 | 11 |
| Micro VC | 20 | 11 |
| Candidate | 20 | 8 |
| Private equity with venture activity | 13 | 4 |
| Multi-stage venture firm | 10 | 4 |
| Not classified | 8 | 2 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 80 | 29 |
| $25M to $100M | 36 | 22 |
| $100M to $500M | 4 | 4 |
By manager state
| Funds | Managers | |
|---|---|---|
| New York | 28 | 10 |
| California | 22 | 7 |
| Texas | 13 | 2 |
| Rhode Island | 8 | 1 |
| Colorado | 5 | 2 |
| Florida | 3 | 3 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 2 (8) | 2 (7) | none |
| 2025 | 3 (5) | 4 (8) | none |
| 2024 | 5 (7) | 5 (17) | none |
| 2023 | 4 (5) | 5 (41) | none |
| 2022 | 0 (0) | 6 (59) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 2 | 6 |
| Corporate venture | 3 | 1 |
| Multi-stage venture firm | 1 | 2 |
| Private equity with venture activity | 2 | 1 |
| Candidate | 1 | 0 |
| Micro VC | 0 | 1 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 5 | 2 |
| $25M to $100M | 2 | 6 |
| $100M to $500M | 3 | 3 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 4 | 1 |
| New York | 2 | 2 |
| Colorado | 0 | 1 |
| Missouri | 0 | 1 |
| New Jersey | 0 | 1 |
| Ohio | 0 | 1 |
Loses most often to
- SPICER JEFFRIES LLP2 decisions, 5 funds
- KPMG1 decision, 7 funds
- Armanino1 decision, 5 funds
Wins most often from
- FORVIS, LLP2 decisions, 5 funds
- WEAVER AND TIDWELL, L.L.P.2 decisions, 4 funds
- SPICER JEFFRIES LLP2 decisions, 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.
The managers to call are listed by name for a reader with the venture graph. See the auditor opportunity list
- First named
- Mar 24, 2016
- Latest filing
- Aug 14, 2026
- PCAOB firm id
- 673
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 auditor to or away from this provider in the last 12 months?
A provider can be followed from its named record.