Liquid 2 Ventures
Liquid 2 Ventures last closed a fund in September 2026 — 2 months ago. By its own rhythm, that is barely into the cycle.
Liquid 2 Ventures has raised 4 times about every 32 months. The last was Liquid Opportunities Fund, LLC. That points to May 2029.
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
- 13
- Capital raised
- $693M+
- Latest close
- September 2026
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Liquid Opportunities Fund, LLC | September 2026 | not stated | 0002149146 ↗ |
| Liquid 2 Ventures Fund Series-07, L.P. | August 2026 | $12M | 0002147336 ↗ |
| Liquid 2 Ventures Fund Series-06, L.P. | April 2026 | $9M | 0002124963 ↗ |
| Liquid 2 Ventures Fund Series-04, L.P. | March 2026 | $13M | 0002116175 ↗ |
| Liquid 2 Ventures Fund V, L.P. | March 2026 | $84M | 0002100579 ↗ |
| Liquid 2 Ventures Fund Series-05, L.P. | March 2026 | $10M | 0002116964 ↗ |
| Liquid 2 Winners Fund II, L.P. | March 2026 | $200M | 0002100584 ↗ |
| Liquid 2 Winners Fund I, L.P. | September 2023 | $100M | 0001989226 ↗ |
| Liquid 2 Ventures Fund IV, L.P. | June 2023 | $70M | 0001983143 ↗ |
| Liquid 2 Ventures Fund III L.P. | December 2020 | $100M | 0001831435 ↗ |
| Liquid 2 Ventures Fund II, L.P. | March 2018 | $50M | 0001719741 ↗ |
| Liquid 2 Ventures, L.P. | — | $25M | 0001651994 ↗ |
| Liquid 2 Opportunities Fund I, L.P. | — | $20M | 0001792036 ↗ |
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
Joseph Montana, Omar Aguilar
What Liquid 2 Ventures invests in
- Typical fund
- $50M median, seed to early stage
- Says it invests at
- Series B
- Cheque size, in its words
- $
- Website
- liquid2.vc
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- Carta (6 funds)
- Auditor
- Sensiba (6 funds)
From Form ADV filed by LIQUID 2 VENTURES, LLC CRD 305376 ↗, 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.