vcspine

Powerhouse

Powerhouse last closed a fund in December 2025 — 11 months ago. By its own rhythm, that is not yet halfway to the next one.

Next fund
May 2028
not due yet
last close~29 mo58 mo

Powerhouse has raised 4 times about every 29 months. The last was Powerhouse Ventures Fund III LP. That points to May 2028.

Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.

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

Funds on file
6
Single-deal SPVs
1
Capital raised
$193M
Latest close
December 2025
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
Powerhouse Ventures Fund III LPDecember 2025$100M offered0002088080 ↗
Powerhouse PSH1 LLCFebruary 2024$9M offered0002011554 ↗
Powerhouse Ventures Fund II LPNovember 2021$25M0001891616 ↗
Powerhouse TAMCD1 LLCDecember 2020$2M0001836591 ↗
Powerhouse Capital I LPNovember 2020$55M0001828838 ↗
POWERHOUSE VENTURES FUND I LPJune 2018$2M0001743435 ↗
Powerhouse MC-F SPV LLC (single-deal SPV)May 2021$5M0001856346 ↗

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

Ian Doody, Salim Mitha, Emily Kirsch

What Powerhouse invests in

Typical fund
$25M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.
Says it invests in
AI · climate/energy · industrial/supply chain
“We back seed-stage founders We back seed-stage We back seed-stage founders We back seed-stage founders building the future power system founders building building the future power system building the future power system ” — its own site, read September 2026
Says it invests at
seed · Series A · Series B · pre-seed
“We back seed-stage founders We back seed-stage We back seed-stage founders We back seed-stage founders building the future power system founders building building the future power system building the future power system ” — its own site, read September 2026
Website
powerhouse-ventures.co
As filed by the adviser on Form ADV, March 2026.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator
Carta (1 fund)
Auditor
Weaver (1 fund)

From Form ADV filed by POWERHOUSE VENTURES MANAGEMENT COMPANY LLC CRD 325919 ↗, latest filing March 2026, covering 1 fund 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.