Investment adviser · CRD 338509

OUTPUT CAPITAL MANAGEMENT, LLC

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

PALO ALTO, CA, United States · Form ADV filed Mar 18, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

13 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.

AUTOMATE SEED FUND, L.P.Venture Capital Fund · Last reported Mar 18, 2026$13.4MGross asset value

Form D fundraising filings

Automate Seed Fund, L.P.

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Auditor FRANK, RIMERMAN + CO. LLP SAN FRANCISCO, California, United States
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, 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

FRANK, RIMERMAN + CO. LLP
PCAOB 1596

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-5062671944
Reported beneficial owners
43
Minimum commitment
$25K
Form D file number
021-553750

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES GROWTH EPSILON, LLCVenture Capital Fund · Last reported Mar 18, 2026$9.38MGross asset value

Form D fundraising filings

Heroic Ventures Growth Epsilon, LLC

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-7194135714
Reported beneficial owners
39
Minimum commitment
$25K
Form D file number
021-519448

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES GROWTH DELTA, LLCVenture Capital Fund · Last reported Mar 18, 2026$6.89MGross asset value

Form D fundraising filings

Heroic Ventures Growth Delta, LLC

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-9422145232
Reported beneficial owners
40
Minimum commitment
$25K
Form D file number
021-519444

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES SPV ARIA, LLCVenture Capital Fund · Last reported Mar 18, 2026$5.74MGross asset value

Form D fundraising filings

Heroic Ventures SPV XXII, LLC

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-4798619933
Reported beneficial owners
42
Minimum commitment
$0
Form D file number
021-381758

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES SPV XXVII, LLCVenture Capital Fund · Last reported Mar 18, 2026$3.93MGross asset value

Form D fundraising filings

Heroic Ventures SPV XXVII, LLC

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-7532552167
Reported beneficial owners
13
Minimum commitment
$25K
Form D file number
021-437188

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES SPV XXV, LLCVenture Capital Fund · Last reported Mar 18, 2026$3.93MGross asset value

Form D fundraising filings

Heroic Ventures SPV XXV, LLC

Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-7112313996
Reported beneficial owners
27
Minimum commitment
$25K
Form D file number
021-417233

Form ADV 2068226 · Mar 18, 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.

HEROIC VENTURES SPV XXIV, LLCVenture Capital Fund · Last reported Mar 18, 2026$2.33MGross asset value
Fund administrator CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

Fund details & source
Fund ID
805-9253453419
Reported beneficial owners
23
Minimum commitment
$50K

Form ADV 2068226 · Mar 18, 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 18, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

143 SANTA RITA AVE
PALO ALTO, CA, 94301, United States

CRD 338509

Filing source

Form ADV 2068226 · Mar 18, 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.