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BGW Ventures

BGW Ventures last closed a fund in March 2026 — 8 months ago. By its own rhythm, that is not yet halfway to the next one.

Next fund
Oct 2027
not due yet
last close~19 mo38 mo

BGW Ventures has raised 5 times about every 19 months. The last was BGW Ventures V, LP. That points to Oct 2027.

Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Funds on file
8
Capital raised
$150M
Latest close
March 2026
Based in
MI

Vehicles on file

VehicleFirst closeAmount Filings
BGW Ventures V, LPMarch 2026$23M0002108211 ↗
BGW Ventures IV, LPOctober 2024$40M offered0002040765 ↗
BGW Ventures I-C, LPOctober 2023$15M offered0001994930 ↗
BGW Ventures III, LPMay 2021$23M0001864503 ↗
BGW Ventures I-B, LPApril 2021$35M offered0001852382 ↗
BGW Ventures I-A, LPJune 2019$5M0001780223 ↗
BGW Ventures I, LP—$5M offered0001744812 ↗
BGW Ventures II, LP—$5M offered0001755024 ↗

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

Anthony Grover

What BGW Ventures invests in

Typical fund
$23M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.

Service providers

Fund administrator
UHY Advisors (7 funds)
Auditor
Not on file

From Form ADV filed by RPM VENTURES III MANAGEMENT, L.L.C. CRD 283398 ↗, latest filing March 2026, covering 7 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.