Investment adviser · CRD 322292

INNOVATION X ADVISORS

Investment adviser filing (IA)

INNOVATION X ADVISORS, LLC

ROCKVILLE, MD, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $4.52B
Client accounts: 19
Employees: 4
Advisory professionals: 3

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	19	$4,516,478,450	100.0%

Filing source

Form ADV 2087818 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

20 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

INNOVATION X CAPITAL PARTNERS LLCPrivate Equity Fund · Last reported Mar 31, 2026$405MGross asset value

Form D fundraising filings

Innovation X Capital Partners, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-9035783919
Reported beneficial owners: 52
Minimum commitment: $25K
Form D file number: 021-412494

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X CAPITAL PARTNERS II LLCPrivate Equity Fund · Last reported Mar 31, 2026$341MGross asset value

Form D fundraising filings

Innovation X Capital Partners II, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-6674696621
Reported beneficial owners: 1,306
Minimum commitment: $25K
Form D file number: 021-477237

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X HOLDINGS SERIES 2021-1 QP, LLCPrivate Equity Fund · Last reported Mar 31, 2026$229MGross asset value

Form D fundraising filings

Innovation X Holdings Series 2021-1 QP, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian SIGNATURE BANK NEW YORK, New York, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New Mexico, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

SIGNATURE BANK
LEI 13-4149421

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-4391888915
Reported beneficial owners: 1,245
Minimum commitment: $100K
Form D file number: 021-389691

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X VENTURE PARTNERS LLCVenture Capital Fund · Last reported Mar 31, 2026$106MGross asset value

Fund administrator TMF GROUP CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNER AMPER LLP NEW YORK, New York, United States

Custodian CUSTOMERS BANK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNER AMPER LLP
PCAOB 274

Fund details & source

Fund ID: 805-9382549102
Reported beneficial owners: 0
Minimum commitment: $25K

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X HOLDINGS SERIES 2020-4 QP, LLCPrivate Equity Fund · Last reported Mar 31, 2026$98.9MGross asset value

Form D fundraising filings

Innovation X Holdings Series 2020-4 QP, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian SIGNATURE BANK NEW YORK, New York, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

SIGNATURE BANK
LEI 13-4149421

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-9342549910
Reported beneficial owners: 83
Minimum commitment: $100K
Form D file number: 021-386285

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X HOLDINGS SERIES 2019-4 QP, LLCPrivate Equity Fund · Last reported Mar 31, 2026$95.3MGross asset value

Form D fundraising filings

Innovation X Holdings Series 2019-4 QP, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian SIGNATURE BANK NEW YORK, New York, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

SIGNATURE BANK
LEI 13-4149421

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-2679451265
Reported beneficial owners: 427
Minimum commitment: $25K
Form D file number: 021-351073

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

INNOVATION X HOLDINGS SERIES 2019-6 QP, LLCPrivate Equity Fund · Last reported Mar 31, 2026$74.2MGross asset value

Form D fundraising filings

Innovation X Holdings Series 2019-6 QP, LLC

Fund administrator VENTURE BACK OFFICE, INC. CARY, North Carolina, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian SIGNATURE BANK NEW YORK, New York, United States Related to adviser: No

Marketer CEROS FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

SIGNATURE BANK
LEI 13-4149421

CEROS FINANCIAL SERVICES, INC.
CRD 37869 · SEC 8-47955

Fund details & source

Fund ID: 805-4944255905
Reported beneficial owners: 293
Minimum commitment: $25K
Form D file number: 021-363930

Form ADV 2087818 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

1445 RESEARCH BLVD., SUITE 530
ROCKVILLE, MD, 20850, United States

CRD 322292

Filing source

Form ADV 2087818 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.