D3VC is a data-informed venture fund investing early where capital formation is moving online.
It is 2026. Traditional venture capital remains constrained, with new deployment largely concentrated in AI or reserved for existing portfolios. As a result, founders are increasingly raising capital online—often through Regulation Crowdfunding—before institutional rounds. We use longitudinal data, AI-assisted analysis, and disciplined selection to identify signal before consensus.
Investor Fit
D3VC is designed for:
• Family offices and long-term investors
• LPs seeking early-stage exposure with discipline
• Investors who value data, process, and downside awareness
• Capital comfortable with illiquidity and long-term horizons
D3VC is not designed for:
• Short-term liquidity seekers
• Theme-driven or momentum strategies
• Passive allocation without engagement
• Investors expecting rapid deployment or near-term exits
The D3VC Advantage
We analyze the full Regulation Crowdfunding universe using a 100% complete longitudinal dataset covering every Reg CF transaction since 2016.
• 8,700+ companies algorithmically reviewed
• Daily transaction-level data
• Longitudinal visibility into valuation, revenue, and capital formation over time
This allows us to observe patterns and inflection points that are invisible to traditional venture sourcing.
This dataset underpins both our investment process and our institutional research partnerships.
Discipline Informed by Data
• 342 companies diligenced
• 25 investments made
We optimize for selectivity, not deployment speed, and avoid narrative-driven decision-making.
Our focus is on identifying validation before consensus.
• 257 Reg CF companies have gone on to attract $5.04B in institutional follow-on capital
• ~6% validation rate across the full dataset
• 4 portfolio companies have already raised follow-on rounds, resulting in a 1.18x MOIC to date
We view repricing—not exit—as the first meaningful inflection point.
Market Reality: Why Regulation Crowdfunding Now Precedes Venture Capital
It is 2026, and the venture capital market remains structurally constrained. Many traditional VC firms are focused on supporting existing portfolio companies, while new deployment has become increasingly concentrated in AI-related opportunities. As a result, high-quality founders outside those narrow categories are raising capital wherever it is available. Increasingly, that capital is coming online—directly from customers, users, and early supporters—through Regulation Crowdfunding. We are not claiming Regulation Crowdfunding replaces venture capital. We are demonstrating that it increasingly precedes it. For many companies, Regulation Crowdfunding now functions as an early validation layer: • Demand is tested in-market • Capital is raised without institutional permission • Traction is established before priced venture rounds This dynamic has turned Regulation Crowdfunding into a front-end signal generator for institutional capital, rather than a terminal destination. Our work focuses on identifying which companies are using this pathway successfully—and which are not—so capital can be deployed with discipline at the earliest meaningful inflection point.
How to Engage with D3VC
D3VC Investment Club
A free, education-first entry point for investors interested in how capital formation is evolving.
• Market insights and analysis
• Deal breakdowns and frameworks
• No obligation or accreditation required
D3VC Fund
For accredited investors evaluating alignment with our strategy and long-term approach.
• Access the Fund Overview and materials
• Review strategy, discipline, and portfolio construction
• Fit-first evaluation process
Intro Conversation
A brief, no-pressure conversation to determine mutual fit.
• 15 minutes
• No pitch deck theatrics
• Designed to answer questions, not force decisions