Figment Fund
Figment Fund last closed a fund in April 2025 — 19 months ago.
It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 7
- Capital raised
- $23M
- Latest close
- April 2025
- Based in
- NY, UT, non-US
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Figment Fund OS III, LP | April 2025 | $1M | 0002067001 ↗ |
| Figment Fund OS I, Ltd. | November 2022 | $36,801 | 0001955763 ↗ |
| Figment Fund Adam I, Ltd. | October 2022 | $336,910 | 0001953729 ↗ |
| Figment Fund Sigma I, Ltd. | September 2022 | $3M | 0001946656 ↗ |
| Figment Fund Foxtrot I, Ltd. | September 2022 | $254,982 | 0001939999 ↗ |
| Figment Fund Ocean I, Ltd. | February 2022 | $795,507 | 0001908690 ↗ |
| Figment Fund I LP | August 2021 | $17M | 0001867850 ↗ |
| Figment Offshore Feeder Fund II, LP | June 2023 | $100M | 0001931877 ↗ |
| Figment Onshore Feeder Fund II, LP | January 2023 | $5M | 0001931874 ↗ |
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
James Parillo, Lorien Gabel, Oliver Bell, Bernard Abdo, Graham Smith
What Figment Fund invests in
- Typical fund
- $795,507 median, pre-seed / seed scale
- Says it invests in
- consumer · crypto/web3
- Website
- figmentcapital.io
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- NAV Consulting (5 funds)
- Auditor
- BDO (1 fund)
From Form ADV filed by FIGMENT INVESTMENT MANAGEMENT, LLC CRD 317168 ↗, latest filing March 2026, covering 5 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.