This provider
The service provider's name, 151 additional funds served, 29 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
- Lost4 funds
Sandlot Partners, LLC moved 4 funds from this provider to RICHEY, MAY & CO., LLP as auditor.
A client that left; the filing names who replaced this provider.
- Won4 funds
Tishman Speyer Properties, L.P. moved 4 funds to this provider as auditor, from KPMG.
A new client relationship, first shown on this filing.
- Won3 funds
Rokk3r Fuel Venture Builder LLC moved 3 funds to this provider as auditor, from CHERRY BEKAERT LLP.
A new client relationship, first shown on this filing.
- 4 / 3decisions won / lost
In the last 12 months advisers moved 12 funds to this provider (4 decisions) and 88 away (3 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 |
|---|---|---|---|---|---|
| Alpha Square Group Fund III, LP | Alpha Square Group S, LLC | Auditor | 2023 | $382M | Form ADV Aug 13, 2026 reports.adviserinfo.sec.gov |
| FCM 01 | Monarch Collective | Auditor | unknown | $245M | Form ADV Jul 2, 2026 reports.adviserinfo.sec.gov |
| Alpha Square Group Fund II LLC | Alpha Square Group S, LLC | Auditor | unknown | $220M | Form ADV Aug 13, 2026 reports.adviserinfo.sec.gov |
- Alpha Square Group S, LLC35 funds, $1.3B reported gross assets
- Grove Mountain Partners, LLC4 funds, $279M reported gross assets
- Rokk3r Fuel Venture Builder LLC5 funds, $266M reported gross assets
- May 15, 2026Lost Auditor: RICHEY, MAY & CO., LLP replaced this provider 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 31, 2026Won Auditor: this provider replaced KPMG at Tishman Speyer Brazil Club, L.P. and 3 more of the same manager’s funds · Tishman Speyer Properties, L.P.Form ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
- Mar 31, 2026Won Auditor: this provider replaced CHERRY BEKAERT LLP at Fuel Venture Capital Flagship Fund II C(3)(1), LP and 2 more of the same manager’s funds · Rokk3r Fuel Venture Builder LLCForm ADV, previous Mar 31, 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 154 venture funds, 0.8% of the venture funds with an auditor on record. Won 12 and lost 5 adviser decisions from 2024 to 2026: a net gain of 7.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Not classified | 48 | 7 |
| Multi-stage venture firm | 42 | 4 |
| Institutional venture firm | 29 | 11 |
| Candidate | 19 | 6 |
| Micro VC | 7 | 5 |
| Venture studio | 5 | 1 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 101 | 22 |
| $25M to $100M | 31 | 21 |
| $100M to $500M | 21 | 13 |
| $500M and over | 1 | 1 |
By manager state
| Funds | Managers | |
|---|---|---|
| New York | 38 | 2 |
| Virginia | 10 | 2 |
| Texas | 9 | 5 |
| Florida | 7 | 2 |
| Georgia | 6 | 2 |
| Delaware | 4 | 1 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 4 (12) | 3 (88) | none |
| 2025 | 6 (26) | 1 (1) | none |
| 2024 | 2 (3) | 1 (2) | none |
| 2023 | 3 (18) | 3 (7) | none |
| 2022 | 1 (2) | 1 (2) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Not classified | 5 | 2 |
| Candidate | 2 | 1 |
| Institutional venture firm | 2 | 1 |
| Multi-stage venture firm | 1 | 1 |
| Venture studio | 2 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 3 | 2 |
| $25M to $100M | 4 | 2 |
| $100M to $500M | 4 | 1 |
| $500M and over | 1 | 0 |
Manager state
| Won | Lost | |
|---|---|---|
| Florida | 2 | 0 |
| Georgia | 2 | 0 |
| New York | 1 | 1 |
| Missouri | 1 | 0 |
| Utah | 1 | 0 |
| Virginia | 0 | 1 |
Loses most often to
- RICHEY, MAY & CO., LLP2 decisions, 5 funds
- BDO1 decision, 45 funds
- WHITLEY PENN, LLP1 decision, 39 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 30, 2016
- Latest filing
- Aug 24, 2026
- PCAOB firm id
- 686
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.