Determine if your fund or investment entity is considered a Covered Entity and therefore likely required to file under California's FIPVCC law

Has your fund or investment entity deployed any capital in 2025?

Any investments made in 2025, regardless of size or state. Follow-on investments in 2025 into existing portfolio companies are counted too.

Does your fund or investment entity primarily engage in the business of investing in, or providing financing to, startup, early-stage, or emerging growth companies?

Are you considered a "venture capital company" per Section 260.204.9 of the CA Code of Regulations? See 10 CCR § 260.204.9 for the full definition.

Is your fund or investment entity headquartered in California?

Is the fund's primary address for regulatory filings in California?

Does your fund or investment entity have a significant presence or operational office in California?

Does the fund have employees or an operational office in California? Note that it is possible that a venture capital company headquartered outside of California that employs a remote worker who lives in California may also be considered operating in California.

Does your fund or investment entity make venture capital investments in businesses located in California, or with significant operations in California?

Has the fund invested in any businesses that are located or have significant operations (employees, offices, etc.) in California?

Has your fund or investment entity ever solicited or received investments from a California resident investor (including funds, family offices, high net worth individuals)?

Do you have California-based LPs in your fund or investment entity or do you intend on pitching California residents or entities to become LPs?