# Delta-v Capital: portfolio, investments and team

> Delta-v Capital is a growth equity based in United States. 9 investments on record, 2 in the last 12 months, latest Oct 2026.

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

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

# Delta-v Capital

Last cheque observed Oct 2026; 9 cheques on record.

Email

Growth equity Deploying now New fund $4.4M, Dec 2025

Growth Infrastructure Software Cloud Services Cxo Software

Follow Delta-v Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fdelta-v-capital)

Deploying now

**100%** of best year **2** **cheques in 12 months**, 9 on record

Since the last cheque **22** days **00** hrs **00** min **00** sec

Median round **$55M** Rounds led **2 of 9** Exits **1 from the portfolio** Mostly in **United States, 89%**

Pitch Delta-v Capital

## Delta-v Capital highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series B and Series C: 83% of its rounds
- 03 Led 2 rounds
- 04 1 exits from the portfolio

## What they do

> We’ve been providing flexible growth capital solutions to innovative companies in infrastructure software, cloud services, CxO software, and vertical software for more than a decade. From their own website

- **Type:** Growth equity
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Infrastructure Software Cloud Services Cxo Software
- **Based in:** Denver, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **9 appearances**

- **2026** 2 rounds
- **Oct** **[Albert](https://millionrounds.com/company/albert)** Series B · US · Pulse 2.0 **$55M** With 10 others
- **Sept** **[HiddenLayer](https://millionrounds.com/company/hiddenlayer)** Series B · US · Ventureburn **$100M** *Led*
- **2019** 1 round
- **May** **[OSF Commerce](https://millionrounds.com/company/osf-commerce)** CA · FinSMEs **$23M** *Led*
- **2018** 2 rounds
- **Jun** **[CloudBees](https://millionrounds.com/company/cloudbees)** US · FinSMEs **$62M** With 5 others
- **Apr** **[BitPay](https://millionrounds.com/company/bitpay)** US · FinSMEs **$40M** With 7 others
- **2015** 1 round
- **Apr** **[CradlePoint Technology](https://millionrounds.com/company/cradlepoint-technology)** Series B · US **$48M** With 2 others
- **2014** 1 round
- **Jun** **[Kony](https://millionrounds.com/company/kony)** Series E · US **$50M** With 5 others
- **2012** 2 rounds
- **Dec** **[Cloud Sherpas](https://millionrounds.com/company/cloud-sherpas)** Series B · US · techcrunch.com **$40M** With 2 others
- **Dec** **[Cloud Sherpas](https://millionrounds.com/company/cloud-sherpas)** Series C · US **$40M** 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**

CJ **Colin Joseph Barclay** A Managing Member of the General Partner i Filing they signed

DW **Dan Williams** A Managing Member of the GPGP i Filing they signed

DJ **Daniel Jason Williams** A Managing Member of the General Partner i Filing they signed

DG **David G. Schaller** Manager of Delta-v Capital 2009 Holdings, LLC which serves as the General Partner of Delta-v Capital 2009 Holdings, LP which serves as the General Partner to Issuer i Filing they signed

GM **Garrett Marsilio** Minority Owner i Form ADV

HW **Harry Ward** President i Filing they signed

KL **Kyle Lewis Rogers** Chief Operating Officer, Chief Compliance Officer i Form ADV

MM **Manzur Mazumder** Owner i Filing they signed

RG **Rand G. Lewis** Manager of Delta-v Capital 2009 Holdings, LLC which serves as the General Partner of Delta-v Capital 2009 Holdings, LP which serves as the General Partner to Issuer i Filing they signed

We also hold **26** 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

**$1.6B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Delta-v Capital, LLC
- **SEC number:** CRD 161800

Funds on its Form ADV

**24** private funds, **$1.2B** in gross assets · filed Mar 2024

- Delta-V Capital 2015, L.P. *Private equity* 42 investors $257M
- Delta-V Capital 2015 Access Fund, L.P. *Private equity* 3 investors $140M
- Delta-V AW2, L.P. *Private equity* 21 investors $111M
- Delta-V Capital Fund IV, L.P. *Private equity* 101 investors $107M
- Delta-V Capital MRH, L.P. *Private equity* 5 investors $104M
- Delta-V Capital Opportunity Fund, L.P. *Private equity* 2 investors $85M
- Delta-V AW, LLC *Private equity* 2 investors $75M
- Delta-V TW, LLC *Private equity* 3 investors $49M
- Delta-V OD, L.P. *Private equity* 3 investors $46M
- Delta-V CN, L.P. *Private equity* 24 investors $31M

And 14 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Form ADV Part 2

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Cloud Sherpas](https://millionrounds.com/company/cloud-sherpas)** Bought by [Accenture](https://millionrounds.com/fund/accenture-ventures) **Undisclosed** Sept 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$4.4M**

raised in Dec 2025

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

## The cheque

Growth

Median round joined **$55M** the round, not its cheque

Led 2 of 9 rounds **22%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series B *4*
- Series C *1*
- Series E *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Columbia Capital](https://millionrounds.com/fund/columbia-capital) 2
- [Queensland Investment Corporation (QIC)](https://millionrounds.com/fund/queensland-investment-corporation-qic) 2

**Pitching Delta-v Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Delta-v Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Columbia Capital** VC firm **2** rounds together](https://millionrounds.com/fund/columbia-capital)[**Queensland Investment Corporation (QIC)** VC firm **2** rounds together](https://millionrounds.com/fund/queensland-investment-corporation-qic)

## Recently backed

The latest companies Delta-v Capital put money into.

[**Albert** $55M · Oct 2026](https://millionrounds.com/company/albert)[**CloudBees** $62M · Jun 2018](https://millionrounds.com/company/cloudbees)[**BitPay** $40M · Apr 2018](https://millionrounds.com/company/bitpay)

## Mentioned on podcasts

Episodes that name Delta-v Capital in their description, not their title.

- [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 19 Nov 2025 · 19 min Infrastructure Software Investor: Delta-v’s Dan Williams With [Dan Williams](https://millionrounds.com/person/dan-williams) Mentions [American Capital](https://millionrounds.com/fund/american-capital)[Delta-v Capital](https://millionrounds.com/fund/delta-v-capital) Apple PodcastsShow page

## Quick answers about Delta-v Capital

### What does Delta-v Capital invest in?

Delta-v Capital invests most often at Series B and Series C (83% of the rounds on record), in sectors such as Infrastructure Software, Cloud Services and Cxo Software.

### How active is Delta-v Capital?

9 investments on record, 2 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Delta-v Capital invested in recently?

Its most recent investments on record: Albert (Series B, Oct 2026), HiddenLayer (Series B, Sept 2026) and OSF Commerce (Undisclosed round, May 2019).

### How big are Delta-v Capital's cheques?

The median round it joins is $55M.

### Does Delta-v Capital lead rounds?

Yes: it led 2 of its 9 investments on record (22%).

### Where does Delta-v Capital invest?

Most of the companies it backs are in the United States (89%) and Canada (11%).

### Is Delta-v Capital investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Delta-v Capital invest alongside?

Most often Columbia Capital (2 rounds together) and Queensland Investment Corporation (QIC) (2 rounds together).

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