Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Softtech Vc Plus LP

Softtech Vc Plus LP

HarvestClosed to new capitalFundADV: Venture Capital FundSofttech Vc Inc.California
Amounts, each with its basis
Vintage
2016basis: form d first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
$50.0Mwhat may be sold, not what was raised; file 021-255414, sworn by the adviser or filed under this vehicle
Form D sold
$50.0Mas of the filing of Jun 8, 2016, 33 investors
First sale
Jan 4, 2016
Reported GAV
$56.5Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
36
Reported on ADV
Mar 14, 2017 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-06-08: the stated $50.0M offering reported fully sold (fr-1)
evidence dated Jun 8, 2016. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 10first sale: 2016-01-04vintage year: $2,016adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $50.0Mform d offering usd: $50.0Mform d latest filed at: 2016-06-08
The fund's own reporting through time
11 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 14, 2017Venture Capital Fund$50.5M
36$100,0001%yes
Dec 6, 2017Venture Capital Fund$50.5M
36$100,0001%yes
Mar 14, 2018Venture Capital Fund$35.7M
36$100,0001%yes
Mar 12, 2019Venture Capital Fund$60.9M
36$100,0001%yes
Mar 18, 2020Venture Capital Fund$67.0M
36$100,0001%yes
Mar 18, 2020Venture Capital Fund$67.4M
36$100,0001%yes
Mar 19, 2021Venture Capital Fund$67.6M
36$100,0001%yes
Jun 22, 2021Venture Capital Fund$67.6M
36$100,0001%yes
Mar 28, 2022Venture Capital Fund$76.1M
36$100,0001%yes
Mar 23, 2023Venture Capital Fund$66.3M
36$100,0001%yes
Mar 29, 2024Venture Capital Fund$56.5M
36$100,0001%yes
Principals and agents
1 principals on Form D, 0 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
San Diego City Employees' Retirement System content.sdcers.gov2016$4.0M$4.0M$6.2M$3.2M22.7%2.4xMar 31, 2026

Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).

Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
5 events
  1. Mar 31, 2026
    SDCERS reports SoftTech VC Plus: $4,000,000 committed, vintage 2016, net IRR 22.7%, 2.36x
  2. Mar 14, 2017
    Softtech Vc Plus LP first reported on Form ADV by Softtech Vc Inc. (Venture Capital Fund), GAV $50,458,330
  3. Jun 8, 2016
    SoftTech VC Plus, L.P. filed Form D/A: $50,000,000 sold of $50,000,000, Venture Capital Fund
  4. Mar 24, 2016
    SoftTech VC Plus, L.P. filed Form D/A: $3,000,000 sold of $45,000,000, Venture Capital Fund
  5. Jan 19, 2016
    SoftTech VC Breakout Fund I, L.P. filed Form D: $3,000,000 sold of $30,000,000, Venture Capital Fund
Evidence
48 observations
Every observation on this vehicle