Equal Ventures
Equal Ventures last closed a fund in July 2025 — 16 months ago. By its own rhythm, that is past halfway to the next one.
Equal Ventures has raised 4 times about every 27 months. The last was Equal Ventures 3, 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.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 6
- Capital raised
- $410M+
- Latest close
- July 2025
- Based in
- MA, NY
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Equal Ventures Opportunity 2, LP | July 2025 | $80M | 0002074675 ↗ |
| Equal Ventures 3, LP | July 2025 | $120M | 0002074806 ↗ |
| Equal Opportunity Ventures Fund III, LP | April 2023 | not stated | 0001970494 ↗ |
| Equal Ventures 2, LP | March 2022 | $95M | 0001917575 ↗ |
| Equal Ventures Opportunity 1, LP | February 2022 | $75M | 0001910496 ↗ |
| Equal Ventures 1, LP | April 2019 | $40M | 0001771985 ↗ |
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
Rick Zullo, Richard Kerby, Roland Fryer, William Helman
What Equal Ventures invests in
- Typical fund
- $80M median, early stage, Series A-B scale
- Website
- eoventures.com
Service providers
- Fund administrator
- Aduro (5 funds); no administrator reported for 1 fund
- Auditor
- Frank Rimerman (5 funds)
From Form ADV filed by EQUAL VENTURES MANAGEMENT, LLC CRD 304885 ↗, latest filing March 2026, covering 6 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.