Form D · Venture Capital Fund

Grit Capital Seed 1, LLC

Hunt Valley, MD · CIK 0001730059

Offering snapshot reported Feb 1, 2018 · SEC filing

Reported sold: $2.75M
Investors reported: 22
Minimum accepted: $0
First sale: Mar 30, 2017

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 1, 2018	Initial	$2,751,000	No comparison	22	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-304614

Source: Form D, filed Feb 1, 2018. 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

GRIT CAPITAL SEED 1, LLC

Investment adviser: GRIT GROWTH MANAGEMENT, LLC

Gross asset value: $10.7M
Beneficial owners: 23
ADV minimum commitment: $250K

Reported in Form ADV on Jul 21, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ADURO ADVISORS NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

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

Filing source

Form ADV 2119256 · Jul 21, 2026 · Schedule D 7.B.(1), fund 805-3876637300

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
Grit Capital Seed 1, LLC (this fund)	Feb 1, 2018	$2,751,000	22
Grit Capital Seed 2, LLC	Mar 7, 2025	$9,690,000	35
Grit Capital Seed III, LP	Feb 5, 2025	Yet to sell	0

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
Michael Flannery	Executive
N/A Grit Capital Management, Llc	Executive
Paul Palmieri	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

11311 Mccormick Road
Hunt Valley, MD, 21031