RiverVest Venture
RiverVest Venture last closed a fund in October 2020 — 73 months ago. By its own rhythm, that is already past its usual gap.
RiverVest Venture has raised 3 times about every 39 months. The last was RiverVest Venture Fund V, L.P. That pointed to Jan 2024. It is 34 months past its own gap and has not filed a new fund.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
No recent fund This firm has filed no new fund in over five years, so it either stopped raising or raises in a way Form D never sees.
- Funds on file
- 4
- Capital raised
- $579M
- Latest close
- October 2020
- Based in
- MO, OH
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| RiverVest Venture Fund V, L.P. | October 2020 | $275M | 0001824665 ↗ |
| RiverVest Venture Fund IV, L.P. | December 2017 | $150M | 0001725443 ↗ |
| RiverVest Venture Fund III (Ohio), L.P. | March 2015 | $4M | 0001636686 ↗ |
| RiverVest Venture Fund III, L.P. | March 2014 | $150M | 0001601559 ↗ |
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
Jay Schmelter, John McKearn, Niall O'Donnell, Thomas Melzer, Karen Spilizewski
What RiverVest Venture invests in
- Typical fund
- $150M median, early stage, Series A-B scale
- Website
- rivervest.com
Service providers
- Fund administrator
- Carta (2 funds); no administrator reported for 2 funds
- Auditor
- PwC (4 funds)
From Form ADV filed by RIVERVEST VENTURE MANAGEMENT LLC CRD 160239 ↗, latest filing March 2026, covering 4 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.