Form D · Venture Capital Fund

Dragonfly Ventures IV, L.P.

Grand Cayman, E9 · CIK 0002021506

Offering snapshot reported Oct 30, 2025 · SEC filing

Reported sold: $432M
Investors reported: 59
Minimum accepted: $0
First sale: Nov 2, 2024

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 59

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 30, 2025	Amendment	$431,700,000	No comparison	59	SEC filing
Nov 1, 2024	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-528448

The above Total Offering Amount includes the subscription amount of the limited partners to be admitted pursuant to the Regulation S exemption.

Source: Form D, filed Oct 30, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

DRAGONFLY VENTURES IV, L.P.

Investment adviser: DRAGONFLY DIGITAL MANAGEMENT, LLC

Gross asset value: $710M
Beneficial owners: 88
ADV minimum commitment: $5M

Reported in Form ADV on Mar 31, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator FORMIDIUM CORP. DOWNERS GROVE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG GRAND CAYMAN, Cayman Islands

Custodian COINBASE CUSTODY TRUST COMPANY NEW YORK, New York, United States Related to adviser: No

Custodian DBS BANK SINGAPORE, Singapore Related to adviser: No

Custodian SILICON VALLEY BANK CALIFORNIA, 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

KPMG
PCAOB 1323

COINBASE CUSTODY TRUST COMPANY
LEI 549300ZHW72BH3BM4Q58

Filing source

Form ADV 2089268 · Mar 31, 2026 · Schedule D 7.B.(1), fund 805-7729373592

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Dragonfly Ventures L.P.	Oct 21, 2021	$14,180,000	13
Dragonfly Ventures II, L.P.	Dec 16, 2020	Yet to sell	0
Dragonfly Ventures III, L.P.	May 6, 2022	$650,000,000	151
Dragonfly Ventures IV, L.P. (this fund)	Oct 30, 2025	$431,700,000	59

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A N/A Dragonfly Gp Iv, Llc	Promoter
Bo N/A Feng	Promoter
Haseeb Ahmad Qureshi	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

C/O Maples Corporate Services Limited Ugland House, Po Box 309
Grand Cayman, E9, KY1-1104