{"url":"https://nivawealth.com/firms/darwin-ventures-157665","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/157665","regulatoryAum":907970202,"crd":"157665","history":[{"filedOn":"2021-03-30","regulatoryAum":416281557,"clients":7,"employees":4,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":593549538,"clients":8,"employees":4,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":580921680,"clients":10,"employees":4,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":593364744,"clients":10,"employees":4,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":693455618,"clients":10,"employees":4,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":907970202,"clients":12,"employees":4,"offices":1}],"secFileNumber":"801-73144","legalName":"Darwin Ventures, LLC","displayName":"Darwin Ventures","slug":"darwin-ventures-157665","website":"https://darwinvc.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/darwin-ventures/","founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"414 Church Street, Suite 111","city":"Sandpoint","state":"ID","stateName":"Idaho","country":"United States","postalCode":"83864"},"tradeNames":[],"registration":{"secApproved":"13 February 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":907970202,"discretionary":907970202,"discretionaryAccounts":12,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":12,"regulatoryAum":907970202}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Darwin Ventures has custody of client assets.","leadership":[{"name":"Ryan Cotton","title":"Chief Compliance Officer, Partner","crd":"4474571"},{"name":"Frank Caufield","title":"Managing General Partner, Managing Member","crd":"2649088"}],"ownership":[{"label":"Frank Caufield","detail":"Managing general partner, managing member in the 75% or more ownership band and a control person, since September 2002."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Idaho","offices":1,"addresses":[{"street":"414 Church Street, Suite 111","city":"Sandpoint","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-362-0648","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":12},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/157665/PDF/157665.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Darwin Ventures have?","answer":"Darwin Ventures has 12 clients and manages $908 million for them, as of March 2026. They include 12 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Darwin Ventures offer?","answer":"Darwin Ventures provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Darwin Ventures have?","answer":"Darwin Ventures has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Darwin Ventures?","answer":"Darwin Ventures’ direct owner is Frank Caufield (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Darwin Ventures get paid?","answer":"Darwin Ventures is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Darwin Ventures registered with the SEC?","answer":"Yes, Darwin Ventures has been registered with the SEC as an investment adviser since 13 February 2012. Its CRD number is 157665 and its SEC file number is 801-73144.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Darwin Ventures?","answer":"Darwin Ventures’ main office is at 414 Church Street, Suite 111, Sandpoint, ID 83864. Its phone number is 415-362-0648. Its website is darwinvc.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}