# Darwin Ventures, LLC

> Darwin Ventures, LLC is an SEC-registered investment advisory firm in Sandpoint, ID, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 157665
- Filed as: DARWIN VENTURES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sandpoint, ID
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157665
- AdvisorCensus page: https://advisorcensus.com/firm/darwin-ventures-llc-sandpoint-id-157665

## Quick answers

**How is Darwin Ventures, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Darwin Ventures, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Darwin Ventures, LLC located?**
Darwin Ventures, LLC's principal office is in Sandpoint, ID, according to its Form ADV.

**Is Darwin Ventures, LLC registered with the SEC or a state?**
Darwin Ventures, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157665.

**How much does Darwin Ventures, LLC manage?**
Darwin Ventures, LLC reports $907,970,202 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Darwin Ventures, LLC's assets and staff changed since 2021?**
In the Form ADV data for Darwin Ventures, LLC: Regulatory assets under management: $416,281,557 in the October 2021 data and $907,970,202 in the October 2026 data, up 118%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Darwin Ventures, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12).

**Does Darwin Ventures, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157665

**What changed in Darwin Ventures, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $693,455,618 to $907,970,202 (+31%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $907,970,202
- Discretionary: $907,970,202
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $907,970,202 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- darwinvc.com
- LinkedIn @darwin-ventures

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $416,281,557 | 4 | March 30, 2021 |
| October 2022 | $593,549,538 | 4 | March 31, 2022 |
| October 2023 | $580,921,680 | 4 | September 14, 2023 |
| October 2024 | $593,364,744 | 4 | March 29, 2024 |
| October 2025 | $693,455,618 | 4 | March 31, 2025 |
| October 2026 | $907,970,202 | 4 | March 31, 2026 |

Regulatory assets under management: $416,281,557 in the October 2021 data and $907,970,202 in the October 2026 data, up 118%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $693,455,618 to $907,970,202 (+31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Darwin Ventures, LLC (CRD 157665): Form ADV filing data as of October 2026.