Sante Ventures
Shvms, LLC
Austin, TX sante.com Exempt reporting adviser
Sante Ventures reports 9 venture funds on Form ADV among 9 private funds, with $1.3B in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2011 | $139M |
| 2024 | $258M |
Updates from Sante Ventures
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 |
|---|---|---|---|---|---|
| Sante Health Ventures V, LP | 2024 | $300M | $258M | 63 | May 14, 2025 |
| Sante Health Ventures IV, LP | 2021 | $250M | — | — | March 31, 2021 |
| Sante Health Ventures III, LP | 2018 | $200M | — | — | February 27, 2018 |
| Sante Health Ventures I Annex Fund, LP | 2015 | $15M | — | — | April 30, 2015 |
| Sante Health Ventures II, LP | 2011 | $139M | $139M | 17 | April 11, 2014 |
Track record
A score of 67 out of 100 from 2 of the 3 funds public LPs report, 2 of them in the top half of their vintage. Its ranked funds’ median TVPI is 1.81x and median DPI 0.28x. Pooled where reports give cash flows: 1.82x TVPI, 0.31x DPI. That ranks it 16th of 123 managers with a score.
Each fund once, as the latest of 2 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.
LPs on the record
1 private foundation lists on their latest IRS Form 990-PF, and 3 other LPs report holding Sante Ventures’s funds.
- Pennsylvania PSERS
- UTIMCO (Permanent University Fund)
- The Guardian Life Insurance Company of America
One more LP is in the app. 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.
Firms whose LPs overlap
The firms sharing the most LPs on record with Sante Ventures, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
Find LPs for Sante Ventures and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Registration
- Legal name
- Shvms, LLC
- Status
- Exempt reporting adviser since March 30, 2012
- CRD number
- 160280
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.