# Ardent Venture Partners: portfolio, investments and team

> Ardent Venture Partners is a vc firm based in United States. 5 investments on record, latest Jun 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ardent (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Ardent Venture Partners

Filed with the SEC to raise a fund in Sep 2026, closing $312M. Last cheque observed Jun 2025.

Email

Quiet New fund $312M, Sept 2026 VC firm

Seed Series A Series B Recurring Finance Regtech

Follow Ardent Venture Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fardent)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **516** days **00** hrs **00** min **00** sec

Median round **$15M** Cheque size, as they say **$250K – $5.0M** Rounds led **0 of 5**

Pitch Ardent Venture Partners

## Ardent Venture Partners highlights

- 01 5 rounds on record
- 02 Mostly Series A and Seed: 80% of its rounds

## What they do

> Ardent is a thesis-driven venture firm investing at the pre-seed and seed stage. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $5.0M as they say
- **Stages:** Seed Series A Series B
- **Sectors:** Recurring Finance Regtech
- **Based in:** Washington, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **5 appearances**

- **2025** 2 rounds
- **Jun** **[Palla](https://millionrounds.com/company/palla)** Series A · LatamList **$15M** With 10 others
- **Apr** **[Crux](https://millionrounds.com/company/crux)** Series B · US · Firms' own news pages **$50M** With 11 others
- **2024** 1 round
- **Jun** **[Rainforest](https://millionrounds.com/company/rainforest)** Series A · US · Tech Square Ventures **$20M** With 6 others
- **2023** 1 round
- **Oct** **[Rainforest](https://millionrounds.com/company/rainforest)** Seed · US · Tech Square Ventures **$8.5M** With 5 others
- **2017** 1 round
- **Oct** **[Deliveree](https://millionrounds.com/company/deliveree)** Series A · TH · DealStreetAsia **$15M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **9 named**

DS **Daniel Siegel** Managing Director of AFF IV GP, LP, the ""General Partner"" (and sole sponsor) of Issuer, and of AFF Fund Manager, LLC, the ""Advisor"" i Filing they signed

DB **Dror Bezalel** Chief Financial Officer of AFF IV GP, LP, the ""General Partner"" (and sole sponsor) of Issuer, and of AFF Fund Manager, LLC, the ""Advisor"" i Filing they signed

MS **Matthew Shulman** Chief Executive Officer of AFF IV GP, LP, the ""General Partner"" (and sole sponsor) of Issuer, and of AFF Fund Manager, LLC, the ""Advisor"" i Filing they signed

PL **Philip Leeroy Bronner** Manager- Ardent Venture Partners, LLC i Form ADV

RP **Richard Philip Herget** Manager- Ardent Venture Partners, LLC i Form ADV

RS **Richard Shulman** Chief Executive Officer of ASF I GP, LLC, the ""General Partner"" i Filing they signed

RM **Ross Mehlman** Head of Multifamily Investments for the General Partner and the Advisor i Filing they signed

TT **Todd Terwilliger** Head of Residential Real Estate of the General Partner 0f Issuer i Filing they signed

TT **Todd Terwillinger** Head of Residential Real Estate of AFF IV GP, LP, the ""General Partner"" (and sole sponsor) of Issuer, and of AFF Fund Manager, LLC, the ""Advisor"" i Filing they signed

We also hold **13** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$106M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Ardent Venture Partners, LLC
- **SEC number:** CRD 317817

New fund on file

**$312M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$15M** the round, not its cheque

Led 0 of 5 rounds **0%**

- **Said size:** $250K – $5.0M
- **Sole investor:** Never alone
- **Last cheque:** Jun 2025

Rounds by stage said on their site

- Series A said *3*
- Seed said *1*
- Series B said *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Accel](https://millionrounds.com/fund/accel) 2
- [BoxGroup](https://millionrounds.com/fund/boxgroup) 2
- [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) 2
- [Tech Square Ventures](https://millionrounds.com/fund/tech-square-ventures) 2
- [The Fintech Fund](https://millionrounds.com/fund/the-fintech-fund) 2

**Pitching Ardent Venture Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Ardent Venture Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**BoxGroup** VC firm **2** rounds together](https://millionrounds.com/fund/boxgroup)[**Infinity Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/infinity-ventures)[**Tech Square Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/tech-square-ventures)[**The Fintech Fund** VC firm **2** rounds together](https://millionrounds.com/fund/the-fintech-fund)

## Recently backed

The latest companies Ardent Venture Partners put money into.

[**Crux** $50M · Apr 2025](https://millionrounds.com/company/crux)

## Quick answers about Ardent Venture Partners

### What does Ardent Venture Partners invest in?

Ardent Venture Partners invests most often at Series A and Seed (80% of the rounds on record), in sectors such as Recurring, Finance and Regtech.

### How active is Ardent Venture Partners?

5 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2025.

### What has Ardent Venture Partners invested in recently?

Its most recent investments on record: Palla (Series A, Jun 2025), Crux (Series B, Apr 2025) and Rainforest (Series A, Jun 2024).

### How big are Ardent Venture Partners's cheques?

The median round it joins is $15M. It says it writes cheques of $250K to $5.0M.

### Does Ardent Venture Partners lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Is Ardent Venture Partners investing now?

No investments in the last 12 months; the latest was in Jun 2025.

### Who does Ardent Venture Partners invest alongside?

Most often Accel (2 rounds together), BoxGroup (2 rounds together) and Infinity Ventures (2 rounds together).

### What kind of investor is Ardent Venture Partners?

Ardent Venture Partners is a VC firm based in Washington, United States.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=ardent) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ardent)
