Section 32

Venture Capital Exempt reporting adviser

Legal name: Section 32, LLC

Palo Alto, CA Website LinkedIn X

AUM

$2.5B
Private fund assets

Private funds

6
Venture Capital 6

Private fund assets

$2.5B
Gross asset value

Employees

—

Last Form D raise

Sep 2025
Most recent fund filing

From SEC Form ADV filing (filed Mar 31, 2026). View on SEC

People(2)

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

Funds(6)

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

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
S32 Fund 6, LPVenture Capital$442.1M$413.6M91Sep 2025Cool
Section 32 Fund 5, LPVenture Capital$627.2M$480.7M135Jul 2023Cold
Section 32 Fund 4, LPVenture Capital$893.3M——Jul 2021Cold
Section 32 Fund 3, LPVenture Capital$299.4M——Apr 2020Cold
Section 32 Fund 2, LPVenture Capital$193.0M$199.3M48Feb 2019Cold
Section 32 Fund 1, LPVenture Capital$79.0M$151.3M32May 2017Cold

Board seats

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

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
288739
SEC file number
802-110925
CIK
1691438

Sources