# Section 32, LLC

> Section 32, LLC is an exempt reporting adviser in Palo Alto, CA, filing reports since 2017. Exempt reporting advisers do not report regulatory assets under management on Form ADV.

- CRD: 288739
- Filed as: SECTION 32, LLC
- Also doing business as: S32
- Reporting status: Exempt reporting adviser (status as filed: ERA - Active)
- Location: Palo Alto, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/288739
- AdvisorCensus page: https://advisorcensus.com/firm/section-32-llc-palo-alto-ca-288739

## Quick answers

**Where is Section 32, LLC located?**
Section 32, LLC's principal office is in Palo Alto, CA, according to its Form ADV.

**How does Section 32, LLC report to regulators?**
Section 32, LLC is an exempt reporting adviser, filing reports since 2017. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 288739.

**Does Section 32, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/288739

**What changed in Section 32, LLC's recent Form ADV filings?**
In the April 2026 filing data: No longer lists an office in Cambridge, MA.

## From the Form ADV filing

### Firm details
- Reporting since: 2017 (9 years)
- Employees: Not reported total, Not reported performing advisory functions
- Wrap fee program participation: Not reported
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [medium.com/@section32vc](https://medium.com/@section32vc)
- [s32.com](https://s32.com)
- LinkedIn @s32vc
- X @S32_VC
- X @section32vc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 30, 2021 |
| October 2022 | Not reported | Not reported | March 30, 2022 |
| October 2023 | Not reported | Not reported | May 2, 2023 |
| October 2024 | Not reported | Not reported | March 21, 2024 |
| October 2025 | Not reported | Not reported | March 24, 2025 |
| October 2026 | Not reported | Not reported | March 31, 2026 |


## Changes in the filing (last 12 months)

### April 2026
- No longer lists an office in Cambridge, MA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Section 32, LLC (CRD 288739): Form ADV filing data as of October 2026.