# JCDP-7 QP LLC
JCDP-7 QP LLC is a Chicago-based venture capital fund vehicle, the qualified-purchaser tranche (one portion of a fund's offering, sold to a distinct investor class) of Jump Capital's seventh venture fund, which reported selling USD 328,030,000 in a Form D filing dated August 20, 2021.[1](https://aum13f.com/fund/jcdp-7-qp-llc) The vehicle is not an independent investment firm: its Form D names Jump Capital LLC as promoter and lists Jump Capital's partners as its executive officers, and it shares Jump Capital's address at 600 West Chicago Avenue, Suite 625, Chicago, Illinois.[1](https://aum13f.com/fund/jcdp-7-qp-llc) Together with a sibling accredited-investor tranche, JCDP-7 AI LLC, it made up the USD 350 million fund Jump Capital announced in September 2021.[2](https://jumpcap.com/insights/jump-capitals-350mm-fund/)
| Fact | Detail |
|---|---|
| Legal name | JCDP-7 QP LLC (venture capital fund)[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Address | 600 W Chicago Avenue, Chicago, IL 60654[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Manager | Jump Capital LLC (promoter and manager)[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Vintage | 2021 (first sale August 9, 2021; Form D filed August 20, 2021)[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Amount sold | USD 328,030,000 to 52 investors (QP tranche); sibling JCDP-7 AI LLC offered USD 21,970,000[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Exemptions | Rule 506(b), Sections 3(c) and 3(c)(7) of the Investment Company Act[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Reported AUM | USD 233.2 million as of a March 14, 2022 update[1](https://aum13f.com/fund/jcdp-7-qp-llc) |
| Successor | JCDP-8 LLC, a USD 350 million fund with first sale July 1, 2026[3](https://www.sec.gov/Archives/edgar/data/2142408/000090514826003233/0000905148-26-003233.txt) |
## Relationship to Jump Capital and Jump Trading
The JCDP series are the Form D filings of Jump Capital's numbered funds, not separate managers. Each JCDP filing names Jump Capital LLC as promoter and manager at the same Chicago address.[1](https://aum13f.com/fund/jcdp-7-qp-llc) Jump Capital describes itself as a venture firm focused on sectors including Fintech, IT/Data Infrastructure, Future of Commerce & Media, and B2B SaaS, and says it launched its initial fund in partnership with [Jump Trading](https://www.edgepedia.org/jump-trading), which it calls its sister firm and describes as a global technology, trading, and research firm.[2](https://jumpcap.com/insights/jump-capitals-350mm-fund/) JCDP-7 QP LLC is therefore a fund vehicle of Jump Capital.
The "QP" and "AI" suffixes mark the investor tranches. JCDP-7 QP LLC sold to qualified purchasers under Section 3(c)(7) and Rule 506(b), while JCDP-7 AI LLC offered USD 21,970,000 under Section 3(c)(1) for accredited investors, both filed on August 20, 2021.[1](https://aum13f.com/fund/jcdp-7-qp-llc) The two tranches together match the USD 350 million total the firm announced.[2](https://jumpcap.com/insights/jump-capitals-350mm-fund/)
## History and people
The JCDP series dates to at least 2016. JCDP-4 LLC, also a Delaware venture capital fund at 600 W. Chicago Avenue, filed a Form D on February 5, 2016 reporting USD 60,000,000 sold with a first sale date of January 25, 2016 to 11 investors.[4](https://www.sec.gov/Archives/edgar/data/1666023/0001666023-16-000001.txt)
The same group of people recurs across the series as executive officers of the manager, Jump Capital LLC. The JCDP-4 filing listed Sachin Suhas Chitnis, Michael Bryan McMahon, William Joseph DiSomma, Paul Andrew Gurinas, Carey Anthony Harrold, and Matthew Hinerfeld.[4](https://www.sec.gov/Archives/edgar/data/1666023/0001666023-16-000001.txt) The JCDP-7 filing named McMahon, Hinerfeld, Chitnis, DiSomma, and Gurinas as executive officers.[1](https://aum13f.com/fund/jcdp-7-qp-llc) The successor JCDP-8 filing in 2026 again named Chitnis, McMahon, DiSomma, Gurinas, and Hinerfeld, showing continuity of the partnership across a decade of funds.[3](https://www.sec.gov/Archives/edgar/data/2142408/000090514826003233/0000905148-26-003233.txt)
## Strategy
Jump Capital's own announcement described Fund VII as focused on early-stage investments in Fintech, IT/Data Infrastructure, Future of Commerce & Media, and B2B SaaS, with an increased concentration on the evolving crypto ecosystem, spanning exchanges, lending, and credit platforms, compliance software, asset management, DeFi, gaming, and Web 3.0.[2](https://jumpcap.com/insights/jump-capitals-350mm-fund/) Forbes reported on September 14, 2021 that the USD 350 million raise formalized a crypto strategy the Chicago-based firm had been deploying for roughly six years.[5](https://www.forbes.com/sites/rebeccaszkutak/2021/09/14/jump-capital-raises-350-million-and-doubles-down-on-crypto/)
The filings themselves add structural detail: the QP filing records a duration of one year or less for the offering period and relies on the private-fund exemptions 506(b), 3(c), and 3(c)(7).[1](https://aum13f.com/fund/jcdp-7-qp-llc)
## Funds by the numbers
The Form D record for JCDP-7 QP LLC reports USD 328,030,000 offered and sold, a sale date of August 9, 2021, and 52 investors.[1](https://aum13f.com/fund/jcdp-7-qp-llc) A March 14, 2022 update reported the fund's AUM at USD 233.2 million, below the amount sold; the difference is consistent with capital being called and deployed into illiquid venture positions over time, though the filings do not state the reason.[1](https://aum13f.com/fund/jcdp-7-qp-llc)
The series shows growth in fund size across vintages: USD 60 million (JCDP-4, 2016) and USD 328 million for the QP tranche of JCDP-7 (2021), with the full Fund VII at USD 350 million.[4](https://www.sec.gov/Archives/edgar/data/1666023/0001666023-16-000001.txt) • [1](https://aum13f.com/fund/jcdp-7-qp-llc) • [2](https://jumpcap.com/insights/jump-capitals-350mm-fund/)
## Recent developments
The series continued after JCDP-7. JCDP-8 LLC, a Delaware venture capital fund at the same 600 West Chicago Avenue address with Jump Capital LLC again as promoter and manager and the same five executive officers, filed a Form D on July 10, 2026 for a USD 350,000,000 offering, with a first sale on July 1, 2026 to 18 investors, using the same 3(c)(1)/3(c)(7) and Rule 506(b) exemption structure as JCDP-7.[3](https://www.sec.gov/Archives/edgar/data/2142408/000090514826003233/0000905148-26-003233.txt) This confirms the JCDP-7 vehicles as part of an ongoing fund sequence rather than a one-off special-purpose entity.
## References
1. [JCDP-7 QP LLC | AUM 13F (Form D data)](https://aum13f.com/fund/jcdp-7-qp-llc)
2. [Bold Moves and Big Plans: Jump Capital Raises Most Ambitious Fund Yet — Jump Capital](https://jumpcap.com/insights/jump-capitals-350mm-fund/)
3. [SEC Form D — JCDP-8 LLC (filed 2026-07-10)](https://www.sec.gov/Archives/edgar/data/2142408/000090514826003233/0000905148-26-003233.txt)
4. [SEC Form D — JCDP-4 LLC (filed 2016-02-05)](https://www.sec.gov/Archives/edgar/data/1666023/0001666023-16-000001.txt)
5. [Jump Capital Raises $350 Million And Doubles Down On Crypto — Forbes](https://www.forbes.com/sites/rebeccaszkutak/2021/09/14/jump-capital-raises-350-million-and-doubles-down-on-crypto/)
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*Topic: Encyclopedia › Society and history › Economics and business › Finance › Venture capital and private equity › Venture capital firms of the Americas › Fintech and financial services investors*
*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*
*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*
License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license