Portal Ventures
Portal Ventures last closed a fund in August 2024 — 27 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
- 3
- Single-deal SPVs
- 1
- Capital raised
- $83M+
- Latest close
- August 2024
- Based in
- MD, TX, WA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Portal Ventures Fund II, LP | August 2024 | $80M | 0002028846 ↗ |
| Portal Ventures Urbit Co Invest LP | August 2023 | $3M | 0001986184 ↗ |
| Portal Ventures Fund I, LP | April 2022 | not stated | 0001921605 ↗ |
| AD-0628 Fund I, a series of Portal US, LP | April 2023 | $41,500 | 0001972771 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
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
Evan Fisher
What Portal Ventures invests in
- Typical fund
- $80M median, early stage, Series A-B scale
- Says it invests in
- crypto/web3
- Says it invests at
- pre-seed · seed
- Website
- portal.vc
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- AngelList (Belltower) (1 fund), Aduro (1 fund)
- Auditor
- BDO (1 fund)
From Form ADV filed by PLATFORM ADVISOR, LLC CRD 167700 ↗, latest filing June 2026, covering 2 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.