# Delta40: portfolio, investments and team

> Delta40 is a vc firm based in United States. 1 investment on record, latest Apr 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/delta40 (Millionrounds; every figure on the page links to its filing or article)

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

# Delta40

Filed with the SEC to raise a fund in Mar 2026, closing $7M. Last cheque observed Apr 2025.

Email

VC firm Quiet New fund $7.2M, Mar 2026

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **564** days **00** hrs **00** min **00** sec

Median round **$2.0M** Rounds led **1 of 1**

Pitch Delta40

## Delta40 highlights

- 01 1 rounds on record
- 02 Led 1 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** LAKE PLACID, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2025** 1 round
- **Apr** **[Lori Systems](https://millionrounds.com/company/lori-systems)** KE · TechCabal **$2.0M** *Led*

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 **5 named**

AO **Adaobi Osakwe** Director i Filing they signed

FD **Felix Dashevsky** Director i Filing they signed

JI **Jay Ireland** Director i Filing they signed

LS **Laurie Spengler** Director i Filing they signed

LH **Lyndsay Holley Handler** Executive Officer, Director i Filing they signed

We also hold **5** 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.

New fund on file

**$7.2M**

raised in Mar 2026

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

## The cheque

Median round joined **$2.0M** the round, not its cheque

Led 1 of 1 rounds **100%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2025

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Delta40 put money into.

[**Lori Systems** $2.0M · Apr 2025](https://millionrounds.com/company/lori-systems)

## Quick answers about Delta40

### How active is Delta40?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2025.

### What has Delta40 invested in recently?

Its most recent investments on record: Lori Systems (Undisclosed round, Apr 2025).

### How big are Delta40's cheques?

The median round it joins is $2.0M.

### Is Delta40 investing now?

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

### What kind of investor is Delta40?

Delta40 is a VC firm based in LAKE PLACID, United States.

### Has Delta40 raised a new fund?

Its latest fund filing with the SEC was in Mar 2026, reporting $7.2M raised.

### Where does this information on Delta40 come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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