Declaration Partners

ActiveVenture Capital

Updated: Dec 5, 2025 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2024	Level AI	$39.0M Series C	—	Adams Street Partners, Alumni Ventures, Battery Ventures, Boldstart Ventures, BoxGroup, Cambrian Ventures, Canaan Partners, Cedar Capital Group, Citi Ventures, Darling Ventures, ENIAC Ventures, Flyover Capital, Insight Partners, MetaProp Ventures, Norwest Venture Partners, Plug & Play Ventures, Redpoint Ventures, Sapphire Ventures, Gary Benitt, Theory Ventures, Unless, Venrock, Aaron Block, George Hu, Matt Carbonara
May 1, 2024	Agora	$34.0M Series B	—	Adams Street Partners, Aleph VC, Cambrian Ventures, Flyover Capital, Insight Partners, Sapphire Ventures, Jacques Benkoski, Venrock, Aaron Rosenson
Oct 1, 2023	Covera Health	$25.0M Series C	—	Adams Street Partners, Cambrian Ventures, Flyover Capital, Insight Partners, Sapphire Ventures, Venrock
Jul 1, 2023	CapStack Technologies	$6.0M Seed	—	43, Adams Street Partners, BITKRAFT Ventures, Cambrian Ventures, Coalition Operators, Correlation Ventures, Cowboy Ventures, Draper Associates, Fin Capital, Flyover Capital, Insight Partners, M13, Oak HC/FT, Peterson Ventures, Sapphire Ventures, Trajectory Ventures, True Ventures, Venrock, Verity Venture Partners, Ellen Pao, Todd Pedersen
Mar 1, 2023	Altruist	$110.0M Series D	—	Adams Street Partners, Cambrian Ventures, Flyover Capital, Insight Partners, Sapphire Ventures, Venrock, Andreessen Horowitz, ATX Venture Partners, Bessemer Venture Partners, Boldstart Ventures, Chalfen Ventures, Guy Podjarny, IA Seed Ventures, Mendoza Ventures, N49P Ventures, Next Coast Ventures, RTP Seed, Tribe Capital
Sep 1, 2022	Brightflow AI	$15.0M Series A	—	10T Holdings, B Capital Group, Berkeley SkyDeck Fund, Bonfire Ventures, DBA, Fin Capital, FJ Labs, Galaxy Digital, Haymaker Ventures, NewFund, Quiet Capital, Recursive Ventures, The House Fund, Ahmed Mhiri, Didier Valet
Aug 1, 2022	Talon Cyber Security	$100.0M Series A	—	20VC, 645 Ventures, Accomplice VC, AngelList, Aster Capital, Asymmetric Capital Partners, Ballistic Ventures, Bessemer Venture Partners, Clearvision Ventures, Evolution Equity Partners, Felix Capital, Karim Faris, Hitachi Ventures, Insight Partners, Lightspeed India Partners, Lightspeed Venture Partners, MoreVC, Next47, Okta Ventures, Rajan Anandan, Point Judith Capital, Red Dot Capital Partners, Sandwith Ventures, Scale Asia Ventures, Silicon Valley Connect, Sorenson Ventures, Strategic Cyber Ventures, SYN Ventures, Team8, Tekfen Ventures, The Hit Forge, Underdog Labs, Alexander Weiss, Daniel Gorfine, Howard Love, Justin Label, Sam Kassoumeh, Troy Paredes, Yuval Shahar
Aug 1, 2022	Agora	$20.0M Series A	—	Adams Street Partners, Aleph VC, Cambrian Ventures, Flyover Capital, Insight Partners, Sapphire Ventures, Jacques Benkoski, Venrock, Aaron Rosenson
May 1, 2022	Innerwell	$3.0M Seed	—	645 Ventures, Bennett Siegel, Accel, Accomplice VC, ACME Capital, Amity Ventures, Stuart Peterson, Balderton Capital, Color Capital, David Namdar, Cultivation Capital, Endeavor Venture Funds, Evolution Equity Partners, Flex Capital, Foundation Capital, Freestyle Capital, General Catalyst, ICONIQ Capital, Long Journey Ventures, M13, Recall Capital, Sapphire Ventures, The Hit Forge, TitletownTech, Tusk Venture Partners, Bruno Bowden, Daniel Gorfine, Frederic Kerrest, Gokul Rajaram, Jaime Schmidt, Jared Hyatt, Sam Kassoumeh, Troy Paredes
Apr 1, 2022	Solidus Labs	$45.0M Series B	—	645 Ventures, Accomplice VC, Evolution Equity Partners, The Hit Forge, Daniel Gorfine, Sam Kassoumeh, Troy Paredes, Mouro Capital, SignalFire, Summit Partners
Apr 1, 2022	Quiq	$25.0M Series C	—	Adams Street Partners, Baird Capital, Blue Note Ventures, Cambrian Ventures, Collaborative Seed & Growth Partners, Flyover Capital, Foundry Group, Insight Partners, Sapphire Ventures, Techstars, Venrock
Feb 1, 2022	Vicarius	$24.0M Series A	—	645 Ventures, Accomplice VC, AllegisCyber Capital, Cyberstarts VC, Evolution Equity Partners, Gadi Porat, Jerusalem Venture Partners (JVP), Journey Ventures, Rabbit Ventures, Scale Venture Partners, The Hit Forge, Vertex Ventures, Brendan Iribe, Daniel Gorfine, Julia Kagan, Kevin Lin, Sam Kassoumeh, Sohaib Abbasi, Troy Paredes
Jan 1, 2022	Labelbox	$110.0M Series D	—	10T Holdings, Alt Capital, Andreessen Horowitz, B Capital Group, Bonfire Ventures, DBA, Dig Ventures, FJ Labs, Galaxy Digital, Insight Partners, Kleiner Perkins, Preston-Werner Ventures, Quiet Capital, SciFi VC, SignalFire, South Park Commons, Adam D'Angelo, Ellen Salisbury, Jeremy Stoppelman, Max Mullen, Sam Lambert, Shishir Mehrotra, Steve Chen
Jan 1, 2022	Talon Cyber Security	$17.0M Seed	—	10D, 20VC, 645 Ventures, Accomplice VC, AngelList, Aster Capital, Asymmetric Capital Partners, Aya, Ballistic Ventures, Bessemer Venture Partners, Clearvision Ventures, Cyberstarts VC, Evolution Equity Partners, Felix Capital, Glilot Capital Partners, Karim Faris, Hitachi Ventures, Insight Partners, Lightspeed India Partners, Lightspeed Venture Partners, MoreVC, Next47, Oren Yunger, Okta Ventures, Rajan Anandan, Point Judith Capital, Red Dot Capital Partners, Sandwith Ventures, Scale Asia Ventures, Silicon Valley Connect, Sorenson Ventures, Strategic Cyber Ventures, Team8, Tekfen Ventures, The Hit Forge, Underdog Labs, Ameet Patel, Assaf Rappaport, Daniel Gorfine, Howard Love, Justin Label, Sam Kassoumeh, Troy Paredes, Yevgeny Dibrov, Yuval Shahar
Jan 1, 2022	Polly	$37.0M Series B	—	8VC, Founders Fund, Kinnevik, Menlo Ventures, Mubadala, Presight Capital
Dec 1, 2021	Verandah	$1.0M Seed	—	10T Holdings, 75 & Sunny, Afore Capital, Anthemis Group, B Capital Group, Bonfire Ventures, CapitalX, DBA, Matt Ocko, Dreamers VC, Elkstone, FJ Labs, Galaxy Digital, Giant Ventures, Greycroft, No Label Ventures, Paradigm, Rajan Anandan, Quiet Capital, Rainfall Ventures, RTP Global, SNR, SoftBank Investment Advisers, Streamlined Ventures, Taurus Ventures, Trajectory Ventures, Venture Highway, Village Global, Y Combinator, Ali Moiz, Alison Engel, Amit Mukherjee, Arash Ferdowsi, Eric Wu, Gokul Rajaram, Ilya Kondrashov, Immad Akhund, Mike Giampapa, Munish Varma, Sahin Boydas, Sumon Sadhu, Viral Bajaria
Oct 1, 2021	Sure	$100.0M Series C	—	10T Holdings, 8VC, 9Yards Capital, B Capital Group, Bonfire Ventures, DBA, FJ Labs, Galaxy Digital, Kinnevik, Menlo Ventures, Quiet Capital, S3 Ventures, Tiger Global Management, Vista Venture Partners, Jim Pallotta, Sundeep Madra
Sep 1, 2021	Orchard	$100.0M Series D	—	645 Ventures, Accel, Accomplice VC, Blisce, Cisco Investments, Energy Impact Partners, Evolution Equity Partners, FirstMark Capital, Flucas Ventures, Flybridge Capital Partners, Footwork, Gaingels, H.I.G. Capital, Highland Capital Partners, Insight Partners, Juxtapose Capital, Left Lane Capital, Maveron, Norwest Venture Partners, OurCrowd, Phenomen Ventures, The Hit Forge, Thirty Five Ventures, Trajectory Ventures, Daniel Gorfine, Giovanni Gardelli, Sam Kassoumeh, Troy Paredes
Aug 1, 2021	Together by Renee	$4.0M Seed	—	10T Holdings, B Capital Group, Bonfire Ventures, DBA, FJ Labs, Galaxy Digital, Quiet Capital, Fika Ventures, Threshold Ventures
Aug 1, 2021	Figment	$50.0M Series B	—	10T Holdings, Alpha Square Group, Alumni Ventures, Batshit Crazy Ventures, Bonfire Ventures, Conversion Capital, DBA, Digital Currency Group, DST Global, Evolution VC Partners, Galaxy Digital, Haymaker Ventures, Intel Capital, LAUNCHub Ventures, Magma Partners, Mithril Capital Management, Morgan Creek Capital Management, MUFG Innovation Partners, NextGen Venture Partners, Northzone, Oak HC/FT, Overtly Covert, Quantum Angels Venture Capital, Robot Ventures, RRE Ventures, Ulu Ventures, Anthony Pompliano, Ben Davenport, Dan Ciporin, Jim Pallotta, Ken Moelis, Shane Neman, Stefan George, Ziv Kop
Jul 1, 2021	Shipyard Software	$21.0M Seed	—	645 Ventures, Accomplice VC, Evolution Equity Partners, The Hit Forge, Daniel Gorfine, Sam Kassoumeh, Troy Paredes
Jun 1, 2021	Generation Home	$30.0M Series A	—	Abstract Ventures, Kevin Hartz, A* Capital (A Star Capital), Alumni Ventures, AME Cloud Ventures, Atomico, Champion Hill Labs, Conversion Capital, Digital Currency Group, Greylock, Hardware Club, Mithril Capital Management, NEO, Oak HC/FT, RRE Ventures, SV Angel, Ameet Patel, Balaji Srinivasan, Ben Davenport, Charlie Songhurst, Dan Ciporin, David Petersen, Guy Podjarny, Jim Pallotta, John Hennessy, Julia Hartz, Ken Moelis, Ziv Kop
May 1, 2021	Solidus Labs	$20.0M Series A	—	645 Ventures, 8VC, Accomplice VC, Alchemy Ventures, Jenny Fielding, Scott Hartley, Evolution Equity Partners, Flex Capital, Founders Fund, Foundry Group, Freestyle Capital, LAUNCH, Lightspeed Venture Partners, Mouro Capital, ParaFi Capital, Recursive Ventures, SignalFire, Summit Partners, The Hit Forge, Trajectory Ventures, True Ventures, Anthony Pompliano, Daniel Gorfine, Laszlo Bock, Sam Kassoumeh, Stephen Garden, Thomas Noonan, Troy Paredes, Vishal Rao
May 1, 2021	Altruist	$50.0M Series B	—	Andreessen Horowitz, Bessemer Venture Partners, Boldstart Ventures, Chalfen Ventures, FirstMark Capital, IA Seed Ventures, Insight Partners, Matrix, Tribe Capital, Venrock, Guy Podjarny
Apr 1, 2021	HYPR	$35.0M Series C	—	2.12 Angels, Acrew Capital, Alumni Ventures, Bloomberg Beta, Digital Currency Group, Mithril Capital Management, Oak HC/FT, RRE Ventures, Ben Davenport, Dan Ciporin, Jim Pallotta, Ken Moelis, Roger Bamford, Ziv Kop

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Declaration Partners.

Omar Khatib

Vice President

Leadership Team

Key people at Declaration Partners.

Omar Khatib

Vice President

Deep Dive

High-Level Overview

Declaration Partners is a New York-based investment firm specializing in secondary market investments across private equity, venture capital, and real estate. The firm operates as a family office with a mission to leverage deep industry expertise and extensive networks to identify unique investment opportunities, particularly in the lower-middle market segment. Its investment philosophy emphasizes long-hold investments and relationship-driven deal sourcing, focusing on acquiring partnership interests and GP-led continuation vehicles to provide liquidity in underserved markets. Key sectors include private equity, venture capital, real estate, and natural resources. Declaration Partners plays a significant role in the startup and private capital ecosystem by supporting innovative startups and established firms, helping unlock value in smaller funds and assets amid softer exit environments[1][4].

Origin Story

Founded in 2017, Declaration Partners was established by Brian Frank, who serves as Founder and Managing Partner, alongside other key partners such as Brian Stern and David Rabin. Brian Frank brings extensive experience from previous roles at MSD Partners, Cumberland Associates, and Lazard Frères, with a background in government and economics from Harvard College and an MBA from Harvard Business School. The firm evolved to focus on private equity and real estate investments across the U.S., with a strategic emphasis on secondary market opportunities and growth equity. The founding vision was to create a value-added capital partner that acts as a strategic resource to founders, entrepreneurs, and management teams[1][3][4].

Core Differentiators

Unique Investment Model: Focus on secondary market transactions, including acquiring partnership interests and GP-led continuation vehicles, which provide liquidity solutions in less-served market segments.
Network Strength: Strong relationships with general partners and limited partners enable access to unique deal flow and collaborative value creation.
Track Record: Demonstrated success in navigating complex market dynamics and generating significant returns through patient, long-term investments.
Operating Support: Acts as a strategic partner to portfolio companies and founders, offering growth equity and operational expertise.
Sector Diversification: Investments span private equity, venture capital, real estate, and natural resources, allowing for diversified exposure and risk management[1][2][3].

Role in the Broader Tech Landscape

Declaration Partners rides the trend of increasing demand for liquidity solutions in private markets, especially in the lower-middle market where traditional exit opportunities are limited. The timing is critical as longer hold periods and softer exit environments challenge many private equity and venture capital funds. By focusing on secondary market opportunities and GP-led continuation vehicles, the firm addresses these market inefficiencies, enabling smoother capital recycling and supporting sustained growth for startups and private companies. This approach influences the broader ecosystem by enhancing capital flow, supporting innovation, and providing strategic resources to emerging companies and established firms alike[1][4].

Quick Take & Future Outlook

Looking ahead, Declaration Partners is poised to deepen its impact by expanding its secondary market investments and growth equity partnerships. Trends such as extended hold periods in private markets, increasing complexity in capital structures, and the growing importance of strategic liquidity solutions will shape the firm’s journey. As the private capital landscape evolves, Declaration Partners’ role as a patient, relationship-driven investor with a flexible approach positions it to capitalize on emerging opportunities and continue influencing the startup and private equity ecosystems. Its ability to blend long-term capital with operational support will likely enhance its influence and attract innovative founders seeking strategic partners[1][3][4].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Focus on secondary market transactions, including acquiring partnership interests and GP-led continuation vehicles, which provide liquidity solutions in less-served market segments.
Network Strength: Strong relationships with general partners and limited partners enable access to unique deal flow and collaborative value creation.
Track Record: Demonstrated success in navigating complex market dynamics and generating significant returns through patient, long-term investments.
Operating Support: Acts as a strategic partner to portfolio companies and founders, offering growth equity and operational expertise.
Sector Diversification: Investments span private equity, venture capital, real estate, and natural resources, allowing for diversified exposure and risk management[1][2][3].