DREAMIT VENTURES
DREAMIT VENTURES 1, LLC Legal Name
Adviser information for DREAMIT VENTURES last updated from Form ADV on March 4th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 0 |
|---|---|
| Investment Advisory/Research | 0 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | No |
|---|
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | – |
|---|---|
| Compensation | – |
Identifiers
| SEC RIA File Number | 802-113027 |
|---|---|
| SEC ERA File Number | 802-113027 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 295030 |
| Legal Entity Identifier | None |
Principal Office
20791 THREE OAKS PKWY#1299
ESTERO
FL
United States
Monday - Friday, 8AM-6PM
Tel: 610-703-2924, Fax: None
Chief Compliance Officer
NoneIndustry Affiliates
| DREAMIT GENERAL PARTNER III, LLC | Sponsor, GP, manager of pooled investment vehicles |
| DREAMIT GENERAL PARTNER IV, LLC | Sponsor, GP, manager of pooled investment vehicles |
| DREAMIT VENTURES II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| DREAMIT FUND II, LP | Venture Capital Fund | $63.1M | $0.3M | 61 |
| DREAMIT FUND III, LP | Venture Capital Fund | $56.9M | $1.0M | 42 |
| DREAMIT FUND IV, LP | Venture Capital Fund | $4.1M | $1.0M | 19 |
| DREAMIT VENTURES I, LP | Venture Capital Fund | $0.0M | $0.1M | 6 |
| DREAMIT VENTURES II, LP | Venture Capital Fund | $9.3M | $0.1M | 4 |
| DREAMIT VENTURES III, LP | Venture Capital Fund | $0.4M | $0.1M | 2 |
| DREAMIT VENTURES IV, LP | Venture Capital Fund | $0.3M | $0.1M | 2 |
| DREAMIT VENTURES NY I, LP | Venture Capital Fund | $0.4M | $0.0M | 7 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| WELCH PHOENIXVILLE, LLC | Domestic Entity | – | CLASS A, VOTING MEMBER | 01/2008 | 10-25% |
| AIH DREAMIT LLC | Domestic Entity | – | CLASS A, VOTING MEMBER | 01/2018 | 10-25% |
| HIGH HEAT, LLC | Domestic Entity | – | CLASS A, VOTING MEMBER | 01/2008 | 10-25% |
| YELLOW LAB VENTURES, LP | Domestic Entity | – | CLASS A, VOTING MEMBER | 01/2008 | 10-25% |
| SAVAR VENTURES, LLC | Domestic Entity | – | CLASS A, VOTING MEMBER | 08/2017 | 5-10% |
| SANDBERG VENTURES 1, LLC | Domestic Entity | – | CLASS B, NON VOTING MEMBER | 08/2017 | 10-25% |
| BARSH VENTURES, LLC | Domestic Entity | – | CLASS B, NON VOTING MEMBER | 08/2017 | 10-25% |
| Sandberg, Darren | Individual | – | MANAGING PARTNER | 08/2017 | < 5% |
| Sandberg, Darren | Individual | SANDBERG VENTURES 1, LLC | SOLE MEMBER | 01/2018 | > 75% |
| Barsh, Steven | Individual | BARSH VENTURES, LLC | SOLE MEMBER | 01/2018 | > 75% |
| Welch, Steven | Individual | WELCH PHOENIXVILLE, LLC | MEMBER | 01/2007 | 25-50% |
| ALEXANDER, NICOLE, MARIE | Individual | WELCH PHOENIXVILLE, LLC | MEMBER | 01/2007 | 25-50% |
| Bookspan, David | Individual | HIGH HEAT, LLC | SOLE MEMBER | 12/2014 | > 75% |
| Levinson, Michael | Individual | YELLOW LAB VENTURES, LP | MEMBER | 06/2004 | 25-50% |
| Savar, Albert | Individual | SAVAR VENTURES, LLC | PRESIDENT & CEO | 01/2014 | > 75% |
| AMERICAN INVESTMENT HOLDINGS, LLC | Domestic Entity | AIH DREAMIT LLC | SOLE & MANAGING MEMBER | 04/2017 | > 75% |
| VINIK, JEFFREY, N | Individual | AMERICAN INVESTMENT HOLDINGS, LLC | MANAGING MEMBER | 05/2013 | > 75% |
| THE JEFFREY N. VINIK 1996 GRANTOR RETAINED ANNUITY TRUST | Domestic Entity | DJKJ HOLDINGS, LLC | MEMBER | 05/2013 | > 75% |
| HARLAN, LAURA | Individual | YELLOW LAB VENTURES, LP | MEMBER | 06/2004 | 25-50% |
| SAVAR, LEIGH, FISHER | Individual | SAVAR VENTURES, LLC | MEMBER | 01/2014 | > 75% |
| VINIK, MARY PENNY | Individual | THE JEFFREY N. VINIK 1996 GRANTOR RETAINED ANNUITY TRUST | CO-TRUSTEE | 05/2013 | 50-75% |
| JURINSKI, PATRICIA LYNNE | Individual | THE JEFFREY N. VINIK 1996 GRANTOR RETAINED ANNUITY TRUST | CO-TRUSTEE | 05/2013 | 50-75% |
| DJKJ HOLDINGS, LLC | Domestic Entity | AIH DREAMIT LLC | MEMBER | 01/2020 | 25-50% |