Advancit Capital
Advancit Capital last closed a fund in September 2022 — 50 months ago.
It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.
Late-cycle This firm is deep enough into its last fund that a new one would not be a surprise.
- Funds on file
- 4
- Capital raised
- $68M+
- Latest close
- September 2022
- Based in
- MA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Advancit W3, LP | September 2022 | not stated | 0001944566 ↗ |
| Advancit Capital III, LP | March 2016 | $40M | 0001667676 ↗ |
| Advancit Capital I, LP | July 2011 | $3M | 0001527870 ↗ |
| Advancit Capital II, LP | — | $25M | 0001575010 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Jason Ostheimer, Shari Redstone, Jonathan Miller
What Advancit Capital invests in
- Typical fund
- $25M median, seed to early stage
- Website
- advancitcapital.com
Service providers
- Fund administrator
- Aduro (3 funds)
- Auditor
- Frank Rimerman (1 fund)
From Form ADV filed by ADVANCIT CAPITAL ADVISORS LLC CRD 167928 ↗, latest filing March 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.