Dragonfly
SlowingFiled to raiseGrand Cayman, Cayman IslandsBiotechnologyLast fund filed March 2026
2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| DF Holdco | March 2026 | $120M | $120M | 2 |
| DCP Scout FeederFiled to raise in 2025, with no closing reported yet. | 2025 | $25M | $0 | 0 |
| Dragonfly Ventures IV | November 2024 | $650M | $432M | 59 |
| Dragonfly Ventures III | 2022 | $650M | $650M | 151 |
| Dragonfly HF | June 2021 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
2 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Haseeb Qureshi | Slowing | Crypto & web3 | 2 | 1 |
Too few companies classified yet to infer a focus. 2 of 3 portfolio companies are classified.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Dragonfly’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Flybridge | 1 | bloXroute Labs |
A shared board seat: a company where filings name a Dragonfly partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.
| Indefinite |
| $14M |
| 23 |
| Dragonfly Ventures IIFiled to raise in 2020, with no closing reported yet. | 2020 | $200M | $0 | 0 |
| Dragonfly Ventures | June 2018 | $14M | $14M | 13 |
| Bo Feng | Quiet | Biotech & pharma | 1 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.