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The Venture Codex

Adventure Fund

Los Gatos, CA, United States

Overview

Investment firm for early-stage businesses.

Founded

2010

Deals ยท 12mo

0

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Denmark
Italy
United States

Sector focus

Financial Services

Investment portfolio

3rounds
NAMEDATESIZE
OpenLedger
Jan 2025Participated
$3 MOther Equity
Vital
Jun 2022Participated
$3 MSeed
Sounder
Feb 2022Led
$8 MSeries A
OpenLedger
Jan 2025Participated
$3 MOther Equity
Vital
Jun 2022Participated
$3 MSeed
Sounder
Feb 2022Led
$8 MSeries A
3
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Adventure Fund: 3 funding rounds are recorded in the selected participation categories.All available history.
Adventure Fund: 3 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A10
Other Equity01

Monthly Deal Activity

Adventure Fund: 3 deals are recorded across 57 months.All available history.
Adventure Fund: 3 deals are recorded across 57 months. All available history
MonthDeals
Feb '221
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Adventure Fund: Crypto & Blockchain is the largest displayed sector by deal count (1 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Adventure Fund: Crypto & Blockchain is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Crypto & Blockchain1
Fintech1
Media & Entertainment1
Health & Life Sciences1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

Adventure Fund: 3 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Adventure Fund: 3 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Adventure Fund: United States has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Adventure Fund: United States has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
United States2
Europe1
Adventure Fund: 10 co-investors are shown, with 20VC sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Adventure Fund: 10 co-investors are shown, with 20VC sharing 1 recorded deals. All available history
Co-investorShared deals
20VC1
Amino Collective1
Brex1
Diverse Angels1
iHeartMedia1
Inflect Health1
Kindred Ventures1
Point Nine Capital1
TechNexus Venture Collaborative1
Xoogler Ventures1

Investment Strategy

Adventure Fund: Led accounts for 33% and participating for 67% of round participation.All available history.
Adventure Fund: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led133%
Participating267%
Adventure Fund: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Adventure Fund: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Anthony Armendariz

Limited Partner

Martin Ringlein

General Partner

Rhiannon Payne

Limited Partner

William Hubbard

General Partner