Borealis Ventures

Venture Capital Exempt reporting adviser

Legal name: Borealis Venture Management II, LLC

Hanover, NH Website X

AUM

$87.4M
Private fund assets

Private funds

5
Venture Capital 5

Private fund assets

$87.4M
Gross asset value

Employees

—

Last Form D raise

—

From SEC Form ADV filing (filed Mar 30, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

J
Jesse Devitte
Managing Director, Borealis Venture Management II, LLC
Source: SEC Form ADV
M
Matthews Rightmire
Managing Director, Borealis Venture Management II, LLC
Source: SEC Form ADV
P
Philip Ferneau
Member and Managing Director, Borealis Venture Management II, LLC
Source: SEC Form ADV

Funds(5)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Vox Health Fund, LPVenture Capital$32.0M———
Borealis Fund V - Veterinary Innovation, LPVenture Capital$20.7M———
The Borealis Fund II, LPVenture Capital$18.6M———
Borealis Granite Fund, LPVenture Capital$12.9M———
Borealis Fund VI, LPVenture Capital$3.3M———

Board seats(3)

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

Compass Therapeutics
BiotechnologyCambridge, MADirector: Philip Ferneau
$132.6M raised
Since Jul 2015
SEC Form D
Avedro
Other Health CareWaltham, MADirector: Philip Ferneau
$93.3M raised
Since Feb 2012
SEC Form D
OmniEarth
Other TechnologyArlington, VADirector: Matthews Rightmire
$5.2M raised
Since Apr 2015
SEC Form D

Regulatory identifiers

CRD number
162209
SEC file number
802-76023
CIK
1701941

Sources