vcspine

HCM

HCM last closed a fund in September 2026 — 2 months ago.

Next fund
Deploying

Closed HCM S5Aiv LP in September 2026. No due call while it has fresh capital, whatever any one line's rhythm says.

Filed a single-deal vehicle on Wednesday 28 October 2026 — HCM S25A LP, not stated. 021-602810 ↗ Plus 4 single-deal vehicles the same day. This is newer than the record below, which is rebuilt quarterly. See the feed.

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

Funds on file
69
Capital raised
$1.38B+
Latest close
September 2026
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
HCM S5Aiv LPSeptember 2026not stated0002088327 ↗
HCM S24A LPAugust 2026not stated0002150292 ↗
HCM S15B LPAugust 2026not stated0002150044 ↗
HCM VII, L.P.August 2026not stated0002149292 ↗
HCM S15Aiii LPAugust 2026not stated0002088439 ↗
HCM S20C LPJuly 2026not stated0002147029 ↗
HCM S22A LPJuly 2026not stated0002145685 ↗
HCM G XX, L.P.May 2026not stated0002131008 ↗
HCM G XVIII, L.P.May 2026not stated0002131010 ↗
HCM G XVII, L.P.May 2026not stated0002131011 ↗
HCM G XVI, L.P.May 2026not stated0002131012 ↗
HCM G XIX, L.P.May 2026not stated0002131009 ↗
HCM G VII, L.P.May 2026not stated0002131022 ↗
HCM G V, L.P.May 2026not stated0002131024 ↗
HCM G XII, L.P.May 2026not stated0002131017 ↗
HCM G XIII, L.P.May 2026not stated0002131015 ↗
HCM G III, L.P.May 2026not stated0002131026 ↗
HCM G IX, L.P.May 2026not stated0002131020 ↗
HCM G VI, L.P.May 2026not stated0002131023 ↗
HCM G XIV, L.P.May 2026not stated0002131014 ↗
HCM G IV, L.P.May 2026not stated0002131025 ↗
HCM G VIII, L.P.May 2026not stated0002131021 ↗
HCM G XI, L.P.May 2026not stated0002131018 ↗
HCM G XV, L.P.May 2026not stated0002131013 ↗
HCM G X, L.P.May 2026not stated0002131019 ↗
HCM G II, L.P.May 2026not stated0002131027 ↗
HCM G I, L.P.May 2026not stated0002131028 ↗
HCM S16Aiii LPMarch 2026not stated0002121400 ↗
HCM S23A LPFebruary 2026not stated0002104215 ↗
HCM S21A LPFebruary 2026not stated0002110471 ↗
HCM S15Aiv LPFebruary 2026not stated0002108681 ↗
HCM S9Aviii LPDecember 2025not stated0002099645 ↗
HCM S20B LPNovember 2025not stated0002098622 ↗
HCM S7C LPNovember 2025not stated0002096436 ↗
HCM S20A LPNovember 2025not stated0002096458 ↗
HCM S19A LPAugust 2025not stated0002083265 ↗
HCM S17B LPAugust 2025not stated0002080475 ↗
HCM S17A LPJune 2025not stated0002074447 ↗
HCM S16Aii LPJune 2025not stated0002073247 ↗
HCM S9Avii LPJune 2025not stated0002072550 ↗
HCM S16Ai LPJune 2025not stated0002069273 ↗
HCM S14Aiii LPJune 2025not stated0002069265 ↗
HCM S5Aiii LPJune 2025not stated0002065283 ↗
HCM S5AII LPJune 2025not stated0002059518 ↗
HCM S14Aii LPMay 2025not stated0002036424 ↗
HCM S5A LPMay 2024not stated0001843914 ↗
HCM S9Ai LPMarch 2024not stated0002017335 ↗
HCM VI, L.P.January 2024$419M0001997270 ↗
HCM S9Aiii LPDecember 2023not stated0002004797 ↗
HCM S14A LPOctober 2023$102M0001988891 ↗
HCM S12A LPSeptember 2023not stated0001995557 ↗
HCM S14Ai LPAugust 2023not stated0001988895 ↗
HCM S9Aii LPMarch 2023$11M0002017333 ↗
HCM V, L.P.April 2022$500M offered0001904193 ↗
HCM Web3 I LPFebruary 2022$50M offered0001911383 ↗
HCM S11A LPDecember 2021not stated0001900659 ↗
HCM S10A LPSeptember 2021not stated0001882060 ↗
HCM S9A LPSeptember 2021not stated0001880111 ↗
HCM S3C LPJuly 2021not stated0001869882 ↗
HCM S7A LPMay 2021not stated0001862421 ↗
HCM S8A LPMay 2021not stated0001862477 ↗
HCM S6A LPFebruary 2021not stated0001846722 ↗
HCM S1G LPFebruary 2021not stated0001845024 ↗
HCM IV, L.P.January 2021$287M0001836383 ↗
HCM S4A LPJanuary 2021$70,0000001831361 ↗
HCM S1F LPDecember 2020not stated0001834153 ↗
HCM S3B LPDecember 2020not stated0001833953 ↗
HCM Venture I, LPNovember 2017$8M0001719706 ↗
HCM I, L.P.December 2015$5M0001821865 ↗

60 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

Armaan Ali, Baris Akis, Gregory Pellizzzon, Peter Pellizzon

What HCM invests in

Typical fund
$50M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.

Service providers

Fund administrator
Alter Domus (22 funds)
Auditor
Deloitte (22 funds)

From Form ADV filed by HUMAN CAPITAL INVESTMENT MANAGEMENT LLC CRD 296844 ↗, latest filing August 2026, covering 22 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.