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Venture Capital Firms in Philadelphia

25 venture capital firms are on this list. Of those that report private fund gross assets from a main office in the Philadelphia metro, First Round Capital is the largest: $3.8 billion through FR Capital Holdings, LP (filed ).

Osage University Partners follows with $785 million. The 24 firms counted report $7.3 billion together; the ten largest hold 90% of it, and half report less than $86 million.

Updated . Rechecked quarterly; next check . Figures read , as filed to .

Where the $7.3BN sitsThe 24 firms counted, by size. The bar is each size band's share of the combined dollars.
  1. $1BN to $5BN53%1 firm
  2. $500MM to $1BN11%1 firm
  3. Under $500MM36%22 firms

Latest Form ADV of each, filed Jul 2025 to Oct 2026. Read ; sources at the end of the page.

Venture capital firms listedList of October 2026; 25 are venture capital firms
25
Combined fund assets24 counted; as filed to Oct 2026
$7.3BN
Largest: First Round CapitalAs filed
$3.8BN
Median firmHalf of the 24 report less
$86MM
Held by the ten largestOf the $7.3BN combined
90%

First Round Capital, Osage University Partners and MissionOG lead the Philadelphia venture capital firms by fund assets

The ten largest by private fund gross assets on their latest Form ADV. Together they report $6.5BN, 90% of the $7.3BN the 24 counted report.

  1. 1

    First Round Capital

    Venture capital firm, Philadelphia

    $3.8BNPrivate fund gross assets, Mar 2026

    Private funds
    22
  2. 2

    Osage University Partners

    Venture capital firm, Bala Cynwyd

    $785MMPrivate fund gross assets, Apr 2026

    Private funds
    5
  3. 3

    MissionOG

    Venture capital firm, Philadelphia

    $347MMPrivate fund gross assets, Mar 2026

    Private funds
    7
  4. 4

    Osage Venture Partners

    Venture capital firm, Bala Cynwyd

    $336MMPrivate fund gross assets, Apr 2026

    Private funds
    4
  5. 5

    General Global Capital

    Venture capital firm, Wilmington

    $326MMPrivate fund gross assets, Mar 2026

    Private funds
    25
  6. 6

    New Rhein Healthcare Investors

    Venture capital firm, Philadelphia

    $316MMPrivate fund gross assets, Mar 2026

    Regulatory assets
    $291MM
    Private funds
    6
  7. 7

    MVP Management Company

    Venture capital firm, Radnor

    $213MMPrivate fund gross assets, Mar 2026

    Private funds
    11
  8. 8

    Heroic Ventures Management

    Venture capital firm, Gladwyne

    $160MMPrivate fund gross assets, Mar 2026

    Private funds
    14
  9. 9

    CR Ventures Management

    Venture capital firm, Havertown

    $114MMPrivate fund gross assets, May 2026

    Private funds
    5
  10. 10

    SCP Vitalife Management Company

    Venture capital firm, Malvern

    $105MMPrivate fund gross assets, Jan 2026

    Private funds
    1

Gross assets of the private funds each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .

One firm holds 53% of the fund assets

How the 24 firms counted spread by size: most are small, the dollars sit at the top.

Every firm on one scaleEach dot is one firm's private fund gross assets in its latest filing. Filled: advisers whose private funds are mostly venture capital; open: advisers with other funds too. Dollar scale is logarithmic.
Fund assets of each of the 24 firms counted, log scaleEach dot is one adviser and links to its row. First Round Capital $3.8BN; Osage University Partners $785MM; MissionOG $347MM; median $86MM.$1MM$10MM$100MM$1BN$10BNFirst Round Capital: $3.8BNOsage University Partners: $785MMMissionOG: $347MMOsage Venture Partners: $336MMGeneral Global Capital: $326MMNew Rhein Healthcare Investors: $316MMMVP Management Company: $213MMHeroic Ventures Management: $160MMCR Ventures Management: $114MMSCP Vitalife Management Company: $105MMPresidio Partners Management: $93MMEnertech Capital: $93MMVerdict Capital Management: $80MMChartline Capital Partners: $67MMAlpha Ascent Ventures: $65MMEmpactful Capital: $63MMProofpoint Capital Management: $61MMRed & Blue Ventures: $43MMSeventySix Capital: $42MMAperture Venture Capital: $32MMGlobal Opportunity Pennsylvania Management: $31MMHatch Biofund Management: $26MMNexeption Capital: $14MMInusa Capital: $1.0MMFirst Round Capital $3.8BNOsage University Partners $785MMMissionOG $347MMMedian $86MMFund assets of each of the 24 firms counted, log scaleEach dot is one adviser and links to its row. First Round Capital $3.8BN; Osage University Partners $785MM; MissionOG $347MM; median $86MM.$10MM$1BNFirst Round Capital $3.8BNMedian $86MM

One dot per firm counted. Read .

The 24 firms, by size
Under $500MM2236%$2.6BN
$500MM to $1BN111%$785MM
$1BN to $5BN153%$3.8BN
$5BN to $10BN00%$0
$10BN to $25BN00%$0
$25BN and over00%$0

Fund assets each reported in its latest filing; shares are of the $7.3BN combined, one row per firm. Read .

53%

of the fund assets reported sits with one firm, First Round Capital. The five largest hold 78%; 23 of 24 report under $1 billion.

53%Largest25%Next 422%Other 19
Who the 25 are
  1. Venture capital firms25

Kind of each, from its own website and filings, checked October 2026.

Where the 25 areThe 6 places with the most firms
  1. Wilmington5
  2. Philadelphia4
  3. Bala Cynwyd2
  4. Doylestown2
  5. Gladwyne2
  6. Radnor2

Main office on each firm's Form ADV.

Leaders beyond the ranking

Figures the main ranking does not compare: most private funds.

Most private fundsPrivate funds each firm advises, on its latest Form ADV (Schedule D).
RankNameFigure
1General Global Capital25Mar 2026
2First Round Capital22Mar 2026
3Alpha Ascent Ventures14Mar 2026
4Heroic Ventures Management14Mar 2026
5MVP Management Company11Mar 2026
6Red & Blue Ventures8Mar 2026
7MissionOG7Mar 2026
8Chartline Capital Partners6Mar 2026

The list is public. The warm path is not. Schedule a conversation

All 25 venture capital firms

A to Z, with each firm's private fund gross assets, private funds, listed stocks and fund offerings, each with a pin to its filing; firms with no figure show the interests they state on their own sites.

Showing all 25 firms

Kind
Where
Size
Order
Venture Capital Firms in Philadelphia 25 firms, A to Z
FirmFund assetsBarPrivate fundsListed stocksFund offerings
Alpha Ascent Ventures
Venture capital firm, West Chester.
Detail and sources for Alpha Ascent Ventures

Form ADV of Alpha Ascent Ventures LLC (CRD 292578), exempt reporting adviser, filed : 14 private funds, $65MM gross.

Tied to this row by the CRD the list cites from the filing.

All 14 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$65MMMar 202614
Aperture Venture Capital
Venture capital firm, Radnor.
Detail and sources for Aperture Venture Capital

Form ADV of Avc Fund Management, LLC (CRD 316829), exempt reporting adviser, filed , main office Radnor, PA: 1 private fund, $32MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$32MMJul 20251
Beyond Earth
Venture capital firm, Wilmington.
Detail and sources for Beyond Earth

Form ADV of Beyond Earth LLC (CRD 336465), exempt reporting adviser, filed , main office Wilmington, DE: 1 private fund, $0K gross.

Tied to this row by the CRD the list cites from the filing.

1 private offering notice since October 2024 by 1 fund or vehicle named for the firm, latest by Beyond Earth Fund I, a series of Beyond Earth Ventures, LP, as the notice names it.

Its one private fund is a venture capital fund.

Files: SEC Form ADV, Form D notices of funds named for it.

No figure on file11
Chartline Capital Partners
Venture capital firm, Wilmington.
Detail and sources for Chartline Capital Partners

Form ADV of Chartline Capital Management, LLC (CRD 286520), exempt reporting adviser, filed , main office Wilmington, DE: 6 private funds, $67MM gross.

Tied to this row by the CRD the list cites from the filing.

All 6 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$67MMMar 20266
CR Ventures Management
Venture capital firm, Havertown.
Detail and sources for CR Ventures Management

Form ADV of CR Ventures Management, LLC (CRD 319360), exempt reporting adviser, filed , main office Havertown, PA: 5 private funds, $114MM gross.

Tied to this row by the CRD the list cites from the filing.

All 5 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$114MMMay 20265
Empactful Capital
Venture capital firm, Doylestown.
Detail and sources for Empactful Capital

Form ADV of Empactful Capital LLC (CRD 325002), exempt reporting adviser, filed , main office Doylestown, PA: 2 private funds, $63MM gross.

Tied to this row by the CRD the list cites from the filing.

All 2 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$63MMFeb 20262
Enertech Capital
Venture capital firm, Ambler.
Detail and sources for Enertech Capital

Form ADV of Enertech Capital Holding Company, L.P. (CRD 161807), exempt reporting adviser, filed , main office Ambler, PA: 5 private funds, $93MM gross.

Tied to this row by the CRD the list cites from the filing.

All 5 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$93MMMar 20265
First Round Capital
Venture capital firm, Philadelphia.
Detail and sources for First Round Capital

Form ADV of FR Capital Holdings, LP (CRD 160848), exempt reporting adviser, filed , main office Philadelphia, PA: 22 private funds, $3.8BN gross.

Tied to this row by the CRD the list cites from the filing.

All 22 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$3.8BNMar 202622
General Global Capital
Venture capital firm, Wilmington.
Detail and sources for General Global Capital

Form ADV of General Global Capital LLC (CRD 318454), exempt reporting adviser, filed , main office Wilmington, DE: 25 private funds, $326MM gross.

Tied to this row by the CRD the list cites from the filing.

All 25 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$326MMMar 202625
Global Opportunity Pennsylvania Management
Venture capital firm, Philadelphia.
Detail and sources for Global Opportunity Pennsylvania Management

Form ADV of Global Opportunity Pennsylvania Management, LLC (CRD 323842), exempt reporting adviser, filed , main office Philadelphia, PA: 1 private fund, $31MM gross.

Tied to this row by the CRD the list cites from the filing.

A second adviser lists the same website on its Form ADV: Global Opportunity Philadelphia Management, LLC (CRD 326765), filed , main office Philadelphia, PA: private funds $12MM gross. Shown here only, never ranked or summed.

Its one private fund is a venture capital fund. A second adviser of the same business, Global Opportunity Philadelphia Management, LLC, files its own Form ADV: $12MM in private fund gross assets (March 2026), not added.

Files: SEC Form ADV.

$31MMMar 20261
Hatch Biofund Management
Venture capital firm, Doylestown.
Detail and sources for Hatch Biofund Management

Form ADV of Hatch Biofund Management, LLC (CRD 330746), exempt reporting adviser, filed , main office Doylestown, PA: 1 private fund, $26MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$26MMMar 20261
Heroic Ventures Management
Venture capital firm, Gladwyne.
Detail and sources for Heroic Ventures Management

Form ADV of Heroic Ventures Management, LLC (CRD 283399), exempt reporting adviser, filed , main office Gladwyne, PA: 14 private funds, $160MM gross.

Tied to this row by the CRD the list cites from the filing.

All 14 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$160MMMar 202614
Inusa Capital
Venture capital firm, Wilmington.
Detail and sources for Inusa Capital

Form ADV of Inusa Capital LLC (CRD 342271), exempt reporting adviser, filed , main office Wilmington, DE: 2 private funds, $1.0MM gross.

Tied to this row by the CRD the list cites from the filing.

All 2 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$1.0MMApr 20262
MissionOG
Venture capital firm, Philadelphia.
Detail and sources for MissionOG

Form ADV of Mission Engine, LLC (CRD 282800), exempt reporting adviser, filed , main office Philadelphia, PA: 7 private funds, $347MM gross.

Tied to this row by the CRD the list cites from the filing.

All 7 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$347MMMar 20267
MVP Management Company
Venture capital firm, Radnor.
Detail and sources for MVP Management Company

Form ADV of MVP Management Company (CRD 330680), exempt reporting adviser, filed , main office Radnor, PA: 11 private funds, $213MM gross.

Tied to this row by the CRD the list cites from the filing.

All 11 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$213MMMar 202611
New Rhein Healthcare Investors
Venture capital firm, Philadelphia.
Detail and sources for New Rhein Healthcare Investors

Form ADV of New Rhein Healthcare Investors LLC (CRD 300842), SEC registered adviser, filed , main office Philadelphia, PA: regulatory assets $291MM; 6 private funds, $316MM gross; 10 employees.

Tied to this row by the CRD the list cites from the filing.

All 6 of its private funds are venture capital funds. Regulatory assets on the same filing: $291MM (Item 5.F), not ranked.

Files: SEC Form ADV.

$316MMMar 20266
Nexeption Capital
Venture capital firm, Chester Springs.
Detail and sources for Nexeption Capital

Form ADV of NXC Fund I MGT, LLC (CRD 344826), exempt reporting adviser, filed : 1 private fund, $14MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$14MMOct 20261
Osage University Partners
Venture capital firm, Bala Cynwyd.
Detail and sources for Osage University Partners

Form ADV of Oup Management Co., LLC (CRD 312857), exempt reporting adviser, filed , main office Bala Cynwyd, PA: 5 private funds, $785MM gross.

Tied to this row by the CRD the list cites from the filing.

All 5 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$785MMApr 20265
Osage Venture Partners
Venture capital firm, Bala Cynwyd.
Detail and sources for Osage Venture Partners

Form ADV of Ovp Management Co., LLC (CRD 312970), exempt reporting adviser, filed , main office Bala Cynwyd, PA: 4 private funds, $336MM gross.

Tied to this row by the CRD the list cites from the filing.

All 4 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$336MMApr 20264
Presidio Partners Management
Venture capital firm, Wilmington.
Detail and sources for Presidio Partners Management

Form ADV of Presidio Partners Management, LLC (CRD 172667), exempt reporting adviser, filed , main office Wilmington, DE: 3 private funds, $93MM gross.

Tied to this row by the CRD the list cites from the filing.

All 3 of its private funds are venture capital funds.

Files: SEC Form ADV.

$93MMMar 20263
Proofpoint Capital Management
Venture capital firm, Phoenixville.
Detail and sources for Proofpoint Capital Management

Form ADV of Proofpoint Capital Management, LLC (CRD 340658), exempt reporting adviser, filed : 1 private fund, $61MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$61MMMar 20261
Red & Blue Ventures
Venture capital firm, Ardmore.
Detail and sources for Red & Blue Ventures

Form ADV of Red & Blue Management Company, LLC (CRD 310359), exempt reporting adviser, filed : 8 private funds, $43MM gross.

Tied to this row by the CRD the list cites from the filing.

Of its 8 private funds, 7 are venture capital funds; the others: 1 private equity. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$43MMMar 20268
SCP Vitalife Management Company
Venture capital firm, Malvern.
Detail and sources for SCP Vitalife Management Company

Form ADV of SCP Vitalife Management Company, LLC (CRD 161969), exempt reporting adviser, filed , main office Malvern, PA: 1 private fund, $105MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$105MMJan 20261
SeventySix Capital
Venture capital firm, King Of Prussia.
Detail and sources for SeventySix Capital

Form ADV of SeventySix Capital Venture Management, LLC (CRD 336448), exempt reporting adviser, filed , main office King Of Prussia, PA: 3 private funds, $42MM gross.

Tied to this row by the CRD the list cites from the filing.

All 3 of its private funds are venture capital funds. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$42MMFeb 20263
Verdict Capital Management
Venture capital firm, Gladwyne.
Detail and sources for Verdict Capital Management

Form ADV of Verdict Capital Management, LLC (CRD 342924), exempt reporting adviser, filed , main office Gladwyne, PA: 1 private fund, $80MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a venture capital fund. It files as an exempt reporting adviser under the venture capital fund adviser exemption.

Files: SEC Form ADV.

$80MMJun 20261

Fund assets are the gross assets of the private funds in the adviser's latest Form ADV (solid bar; grey when the firm is not in the totals). Listed stocks are the US listed securities a firm reports each quarter; fund offerings count the private offering notices of funds named for the firm in two years. Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.

One firm holds 53% of the money

Five findings from the filings of the 24 firms counted.

  1. 53%

    of the $7.3 billion the 24 firms counted report is one firm's: First Round Capital. Without it, the other 23 report $3.4 billion.

    Fund assets, latest Form ADV of each; sums of filed figures

  2. $86MM

    is the median: half of the 24 report less, and 23 report under $1 billion.

    Fund assets, latest Form ADV of each

  3. 149

    private funds are advised by the firms counted; General Global Capital advises the most, 25.

    Private funds on each Form ADV (Schedule D); sums of filed figures

  4. 1

    private offering notices in two years were filed by funds and vehicles named for 1 firm; Beyond Earth leads with 1.

    Private offering notices, to

  5. 4

    of the 24 have their main office in Philadelphia; the next place is Wilmington, with 4.

    Main office on each Form ADV

Questions

How many venture capital firms are there in Philadelphia?

This list holds 25 venture capital firms in the Philadelphia metro; 24 of them report private fund gross assets on Form ADV, $7.3 billion together.

What are the largest venture capital firms in Philadelphia?

By the private fund gross assets they report: First Round Capital $3.8 billion, Osage University Partners $785 million, MissionOG $347 million, Osage Venture Partners $336 million, General Global Capital $326 million.

How much do venture capital firms in Philadelphia typically manage?

Of the 24 that report, the median reports $86 million in private fund gross assets; 23 report under $1 billion.

How do you start a relationship with venture capital firms in Philadelphia?

Each firm on this page links to its own website, and each figure carries a pin that opens the public filing it comes from. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.

Sources and method

Who is listed
25 venture capital firms, 25 are venture capital firms, as researched for this list; no row leaves the list. Venture capital firms with their main office in the Philadelphia metro that file Form ADV with the SEC and report at least one venture capital fund or claim the venture capital fund adviser exemption, placed by the main office on their own filing.
Ranking rule
The top 10, every total, share and median, the charts and the answers to the questions use one set: the 24 advisers that report private fund gross assets in their latest SEC Form ADV, with a main office in the Philadelphia metro, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
Our arithmetic
The $7.3BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 0 firms with a figure outside it stay listed with the figure and the reason.
Pins
Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its 13F report or of the latest private offering notice (Form D). The pin's label names the source and its date.
What we searched
On we searched every firm by its website against the websites advisers list on Form ADV, by the CRD the list cites, by name for Form ADV, and by every CIK found for 13F reports, and searched private offering notices for funds named for it. Of the 25, 25 report on a current Form ADV, 0 file 13F reports (0 for a 2026 quarter with a value), 1 have funds named for them in private offering notices, and 0 more show a possible match by name only in their detail, not counted.
Words
Kinds and interests are each firm's own, from its website. No person names are shown.
Sources and dates
FigureSourcePeriod, read
Assets, private funds, client types, main office, employeesSEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 25 advisersFilings to 2026-10-01; read 2026-10-31
Listed stocksSEC EDGAR Form 13F, 0 filersLatest quarter; read 2026-10-31
Private offering notices of funds named for a firmSEC EDGAR full text search, Form D and D/A2024-10-31 to 2026-10-31
Kind, interests and websiteEach firm's own website, as researched for this listChecked 2026-10-31
LogosEach firm's own website; a monogram where none checksRead 2026-10-31

Cite as: Praxis Rock Advisors, "Venture Capital Firms in Philadelphia," updated October 31, 2026, praxisrock.com/resources/investors/vc-firms-philadelphia

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