Costanoa Ventures

Venture Capital Exempt reporting adviser

Legal name: Costanoa Venture Capital Management, LLC

Palo Alto, CA Website LinkedIn X

AUM

$2.6B
Private fund assets

Private funds

12
Venture Capital 12

Private fund assets

$2.6B
Gross asset value

Employees

—

Last Form D raise

May 2023
Most recent fund filing

From SEC Form ADV filing (filed Mar 27, 2026). View on SEC

Investment focus

As listed in industry directories; may be out of date.

Geographies
USA

People(3)

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

G
Gregory Sands
Managing Member
Source: SEC Form ADV
J
John Cowgill
Member
Source: SEC Form ADV
M
Mark Selcow
Member
Source: SEC Form ADV

Funds(12)

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

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Costanoa Fp, L.P.Venture Capital$9.5M$2.0M1May 2023Cold
Costanoa Fp II, L.P.Venture Capital$4.0M$2.0M1May 2023Cold
Costanoa Ventures V, L.P.Venture Capital$341.5M——Feb 2023Cold
Costanoa Ventures Opportunity Fund III, L.P.Venture Capital$145.1M——Feb 2023Cold
Costanoa Ventures IV, L.P.Venture Capital$604.5M$225.0M151Oct 2021Cold
Costanoa Ventures Opportunity Fund II, L.P.Venture Capital$177.9M$115.0M108Oct 2021Cold
Costanoa Ventures Opportunity Fund, L.P.Venture Capital$146.5M——Apr 2018Cold
Costanoa Ventures III, L.P.Venture Capital$590.5M——Jun 2017Cold
Costanoa Venture Capital Qz, LLCVenture Capital$29.5M$3.3M4Oct 2015Cold
Costanoa Venture Capital II, L.P.Venture Capital$351.5M——Jun 2014Cold
Costanoa Venture Capital I, L.P.Venture Capital$139.4M———
Costanoa Venture Capital Growth Fund, L.P.Venture Capital$51.2M———

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.

Leap Services
RetailingChicago, ILDirector: John Cowgill
$77.6M raised
Since Feb 2020
SEC Form D
SGNL.AI
Other TechnologyPalo Alto, CADirector: Gregory Sands
$30.0M raised
Since Jan 2025
SEC Form D
Risk IO
Other TechnologySan Francisco, CADirector: Gregory Sands
$4.0M raised
Since Oct 2014
SEC Form D

Regulatory identifiers

CRD number
164808
SEC file number
802-77031

Sources