vcspine

Virtue

Virtue last closed a fund in January 2026 — 10 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

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

Funds on file
3
Single-deal SPVs
3
Capital raised
$112M
Latest close
January 2026
Based in
TX

Vehicles on file

VehicleFirst closeAmount Filings
Virtue Expansion Fund I LPJanuary 2026$25M0002113494 ↗
Virtue V2 LPDecember 2024$56M0002051771 ↗
Virtue Ventures Fund I LPMay 2021$31M0001863062 ↗
VIRTUE T AI SERIES A SPV LLC (single-deal SPV)November 2025$2M0002102857 ↗
Virtue IV SPV LLC (single-deal SPV)April 2024$1M0002017507 ↗
Virtue 32 Seed SPV LLC (single-deal SPV)November 2022$600,0000001955440 ↗

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

Sean Doolan

What Virtue invests in

Typical fund
$31M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.
Says it invests in
health/bio
“We back elite founders at the earliest stage to radically transform our healthcare ecosystem and typically invest $500K - 4M in our initial check.” — its own site, read September 2026
Cheque size, in its words
$
“We back elite founders at the earliest stage to radically transform our healthcare ecosystem and typically invest $500K - 4M in our initial check.” — its own site, read September 2026
Website
virtuevc.com
As filed by the adviser on Form ADV, March 2024.

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

Service providers

Fund administrator
Aduro (1 fund)
Auditor
Frank Rimerman (1 fund)

From Form ADV filed by VIRTUE VENTURES MANAGEMENT L.L.C. CRD 324206 ↗, latest filing March 2024, 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 — and this adviser has not filed since then in our data. 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.