vcvibes

Cleveland Avenue Advisers, LLC

SEC exempt reporting adviser (venture capital exemption).

HQ
IL

Cleveland Avenue Advisers is a global venture capital firm. It invests in lifestyle consumer brands and technology companies that aim to positively disrupt large and growing markets. Its portfolio includes Verdant Robotics, which merges robotics and agronomy to advance precision agriculture.

New fund likely raising soon

The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.

01 · Says / Does

TagSaysDoesHistorically (to 2020)
StagesNot statedNot enough dated dealsGrowth
SectorsConsumerNot enough dated dealsFoodtech
RegionsGlobalNot enough dated dealsCA, IL

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

YearDealsTop sectors
20161Foodtech
20174Foodtech
20186Foodtech, Consumer, Logistics
20191Ecommerce, Foodtech
20201Foodtech

Stage mix over time

2016 Growth: 1162017 Series B: 12017 Growth: 1172018 Series A: 12018 Series B: 12018 Growth: 218192020 Series A: 120212223242526
  • Pre-seed
  • Seed
  • Series A
  • Series B
  • Growth
Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.
Rounds by stage and year
YearPre-seedSeedSeries ASeries BGrowth
201600001
201700011
201800112
201900000
202000100
202100000
202200000
202300000
202400000
202500000
202600000

02 · Fund history

FundYearSizeStatus
CA Tech Fund I, LP

Cleveland Avenue is a global venture capital firm investing in lifestyle consumer brands and technology companies that positively disrupt large and growing markets. It works with entrepreneurs to accelerate growth through financial resources, expertise, and business support. Inferred from the firm's website

approx. 2022$250M (Form D)Late investment period
Cleveland Avenue State Treasurers Urban Success Fund, LP2020$73M (Form D)Follow-ons only
Cleveland Avenue Food & Beverage Fund II, LPapprox. 2020$500M (Form D)Follow-ons only

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. https://www.clevelandavenue.com/
  2. https://www.clevelandavenue.com/portfolio

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026