VC firm
Step Ahead Capital
Also known as First Jade Investments, First Jade Investments, LLC, Late Spring, Late Spring Ventures, LLC, Third Door, Third Door LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Los Angeles, CA, United States
- Assets under management
- $30.1MForm ADV private fund GAV, as of 2026-05-24Source (opens in a new tab)
- Funds
- 5
- Legal name
- STEP AHEAD CAPITAL, LLC
Record updated 29 September 2026
About
next-generation venture capital firm
Investment approach
- Thesis
- Today's venture backed companies are staying private longer, growing larger, and raising more capital prior to a liquidity event than ever before. As a consequence, we are able to discover and pursue attractive opportunities by investing in growth-stage companies 2-3 years prior to their anticipated IPO or acquisition.Source (opens in a new tab)
- Investing status notes
- We currently focus on fintech, digital assets infrastructure, machine learning tools and no-code solutions.
Funds
- Late Spring Ventures, LLC
- $6.6MVintage 2021, Main fund, SEC amount sold
- Third Door LLC
- $2.1MVintage 2021, Main fund, SEC amount sold
- First Jade Investments, LLC
- $6.4MVintage 2020, Main fund, SEC amount sold
- TARA OPPORTUNITIES, LLC
- Opportunity
- BIRCH VENTURES, LLC
- Main fund
SEC registration
- Registered adviser
- STEP AHEAD CAPITAL, LLC
- CRD number
- 315229 (opens in a new tab)
- SEC file number
- 802-136571
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $30.1Mas of 2026-05-24
- Private funds reported
- 5
- Principal office
- HERMOSA BEACH, CA, United States
- SEC CIK
- 1843238, 1891731, 1897973
Locations
- Headquarters
- Los Angeles, CA, United States