Elefund
Elefund last closed a fund in May 2023 — 42 months ago. By its own rhythm, that is inside the window where it usually raises again.
Elefund has raised 3 times about every 47 months. The last was Elefund III, L.P. That points to Apr 2027 — it is inside its window now.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Late-cycle This firm is deep enough into its last fund that a new one would not be a surprise.
- Funds on file
- 6
- Capital raised
- $138M
- Latest close
- May 2023
- Based in
- CA, NY
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Elefund III, L.P. | May 2023 | $100M | 0001923126 ↗ |
| Elefund II, L.P. | July 2019 | $20M | 0001775184 ↗ |
| Elefund, L.P. | July 2015 | $15M | 0001647923 ↗ |
| Elefund Fastly Fund, LLC | — | $1M | 0001715699 ↗ |
| Elefund Continuity II, LLC | — | $1M | 0001716652 ↗ |
| Elefund Continuity III, LLC | — | $1M | 0001792843 ↗ |
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
Serik Kaldykulov, David Mavashev, Nate Rodland, Nathan Rodland
What Elefund invests in
- Typical fund
- $15M median, pre-seed / seed scale
- Says it invests in
- fintech · crypto/web3 · space/defense
- Says it invests at
- seed · Series A
- Website
- elefund.com
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- Carta (3 funds)
- Auditor
- Frank Rimerman (2 funds)
From Form ADV filed by ELEFUND MANAGEMENT COMPANY, LLC CRD 289501 ↗, latest filing April 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.