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Fund of Funds

Illumen Capital

Illumen Capital invests in other funds rather than directly in companies, from United States. It states a focus on software & internet, healthcare & life sciences and education.

Capital raised$282macross 3 SEC-filed vehicles
Most recent fund2024filing since 2018
HeadquartersUnited States
Largest single fund$168m

SEC filings

What Illumen Capital has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed3
Total capital raised$282m
Largest single vehicle$168m
Filing history2018 to 2024
Smallest accepted commitment$250k
Filed fromDISTRICT OF COLUMBIA

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Illumen Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$295m
Employees10
Private funds advised6 · $295m gross
SEC adviser numberCRD 305411

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other fund of funds investors active in software & internet.