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Faction Ventures, LLC

● SEC registered since 2022CRD 318821SEC# 801-126648Palo Alto, CA
Export (members)
Ranks #4,100 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$432.6M
Fund GAV
$375.6M
Private funds
4
Employees
8
Accounts
5
Location
Palo Alto, CA

Faction Ventures, LLC assets under management

Faction Ventures, LLC is an investment advisory firm registered with the SEC based in Palo Alto, CA. The firm has been registered since 2022. It reports $432.6 million in regulatory assets under management and employs 8 people. Faction Ventures, LLC manages 4 private funds with combined gross assets of $375.6 million, including Lightspeed Faction Fund I, LP. By regulatory assets, it ranks 4,100 of 6,004 private fund managers.

Faction Ventures, LLC private funds

4 funds · $375.6M GAV
FundTypeGross assetsMin.
Lightspeed Faction Fund I, LPPrivate Equity$356M$1M
Figure Technology Solutions, a Series of Cgf2021 LLCPrivate Equity$12.9M$20K
Faction Wm, a Series of Cgf2021 LLCPrivate Equity$4.7M$10K
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Faction Ventures, LLC owners & executives

3 reported
NameTitleOwnershipSince
Banafsheh Fathieh ControlGeneral Partner10-25%2022
Lightspeed Venture Partners ControlOwner25-50%2022
Samuel Harrison ControlManaging Partner And Cco50-75%2022

Frequently asked questions

How much does Faction Ventures, LLC manage?

Faction Ventures, LLC reports $432.6 million in regulatory assets under management on its Form ADV.

How many private funds does Faction Ventures, LLC manage?

Faction Ventures, LLC manages 4 private funds with combined gross assets of $375.6 million.

How many employees does Faction Ventures, LLC have?

Faction Ventures, LLC reports 8 employees.

Where is Faction Ventures, LLC located?

Faction Ventures, LLC is based in Palo Alto, CA and has been SEC-registered since 2022.

Does Faction Ventures, LLC disclose fund performance?

Faction Ventures, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address650 Page Mill Road, Palo Alto, CA 94304
Phone408-239-9940
Office hours9:00 a.m. - 5:00 p.m.
SEC regionSan Francisco Regional Office (SFRO)
Discloses disciplinary historyNo

Regulatory AUM

$432.6M▼ 7%
Mar '25 — $465.7MApr '25 — $465.7MMay '25 — $465.7MJun '25 — $465.7MJul '25 — $465.7MAug '25 — $465.7MSep '25 — $465.7MOct '25 — $465.7MNov '25 — $465.7MDec '25 — $465.7MJan '26 — $465.7MFeb '26 — $465.7MMar '26 — $432.6MApr '26 — $432.6MMay '26 — $432.6MJun '26 — $432.6M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 52%
Larger than 48% of 16,271 advisers
AUM vs fund managersTop 68%
Larger than 32% of 6,004 private-fund managers
Number of fundsTop 46%
More funds than 54% of fund managers
EmployeesTop 47%
More than 53% of 16,825 advisers

Assets under management

$432.6Mregulatory AUM
Discretionary $432.6M