Crucible Capital

Crucible Capital last closed a fund in August 2024 — 27 months ago.

Next fund

No rhythm to call

1 fund on record — a rhythm needs three. No month is guessed; the filing will say.

Watch Crucible Capital →Told at 6am the day it files — Morning seat All firms due to raise How the call is made

Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.

Funds on file: 2
Capital raised: $75M
Latest close: August 2024
Based in: DE

Vehicles on file

Vehicle	First close	Amount	Filings
Crucible Capital Fund I, L.P.	August 2024	$45M offered	0002032703 ↗
Crucible Capital Fund I-A, L.P.	August 2024	$30M offered	0002032638 ↗

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

Meltem Demirors

What Crucible Capital invests in

Typical fund: $45M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.
Says it invests in: crypto/web3
“What we invest in New digital infrastructure, including blockchain networks and cryptographic innovation that enables the utilization of blockspace for specialized application.” — its own site, read September 2026
Says it invests at: early-stage
“We are committed to backing early stage founders who will shape its trajectory.” — its own site, read September 2026
Website: cruciblecap.xyz
As filed by the adviser on Form ADV, March 2026.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator: NAV Consulting (2 funds)
Auditor: Sensiba (2 funds)

From Form ADV filed by CRUCIBLE CAPITAL MANAGEMENT, LLC CRD 333178 ↗, latest filing March 2026, covering 2 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.