Otherwise Fund Management, LLC
Mill Valley, CA otherwisefund.com Exempt reporting adviser
Otherwise Fund Management, LLC reports 14 venture funds on Form ADV among 14 private funds, with $348M in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2021 | $26M |
| 2025 | $40M |
Updates from Otherwise Fund Management, LLC
All of Otherwise Fund Management, LLC’s updates on Hottub VC
Funds on Form D
Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.
| Fund | Began raising | Target | Raised | Investors | Latest filing |
|---|---|---|---|---|---|
| Otherwise Fund V, L.P. | 2025 | $40M | $40M | 17 | March 28, 2025 |
| Otherwise Fund IV, L.P. | 2023 | $35M | — | — | May 19, 2023 |
| Otherwise Fund III, L.P. | 2021 | $26M | $26M | 25 | November 29, 2021 |
| Otherwise Fund I, L.P. | 2018 | $90M | — | — | June 11, 2018 |
LPs on the record
1 LP reports holding Otherwise Fund Management, LLC’s funds.
Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Registration
- Legal name
- Otherwise Fund Management, LLC
- Status
- Exempt reporting adviser since January 7, 2020
- CRD number
- 300047
Full Form ADV on the SEC’s Investment Adviser Public Disclosure site
About this data
Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.
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