Spark Capital Growth Fund IV, L.P.

Growth fundmanaged by Spark Capital· Delaware
Vintage
2022
Reported gross assets
$3.7B
Form ADV, Sep 14, 2026
Active deploymentFundraising status unknownADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

5 additional principals, 4 additional LP reports and investments

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 LP reports
    public disclosures

    2 public LP reports name this vehicle; the latest, Los Angeles City Employees' Retirement System as of 31 Dec 2025 and net IRR 43.6%, 2.29x (the LP's own figures).

    A named LP and its own performance figures are the strongest outside read on a fund.

    FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
Amounts, each with its basis
Vintage
2022basis: adv first reported
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
$1.3Bwhat may be sold, not what was raised; file 021-416826, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Oct 13, 2021
First sale
unknown
Reported GAV
$3.7Bon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
192
Reported on ADV
Mar 23, 2022 to Sep 14, 2026
Fundraising evidence
Unknown
latest Form D 2021-10-13, older than 15 months (fr-1)
evidence dated Oct 13, 2021.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 4first sale: n/avintage year: 2022adv gav as of: Sep 14, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $1.3Bform d latest filed at: Oct 13, 2021
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 23, 2022Venture Capital Fund$1.4B
1861%no
Mar 27, 2023Venture Capital Fund$1.4B
1911%yes
Mar 27, 2024Venture Capital Fund$1.4B
1911%yes
Mar 27, 2026Venture Capital Fund$3.7B
1921%
Sep 14, 2026$3.7B
1921%
Principals and agents
8 principals on Form D, 0 placement agents
Service providers
3 named on Form ADV Schedule D and Form D
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Los Angeles City Employees' Retirement System lacers.org2021Not disclosedNot disclosedNot disclosedNot disclosed43.6%2.3xDec 31, 2025
Los Angeles City Employees' Retirement System lacers.org2021$33.3MNot disclosedNot disclosedNot disclosednot meaningful yetunknownOct 13, 2021
Known LPs and allocators
7 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
Orange County Employees Retirement SystemPUBLIC PENSION$33.3M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Los Angeles City Employees' Retirement SystemMUNICIPAL RETIREMENT SYSTEM
amount not disclosed
reported as of Dec 31, 2025Fact Pension disclosure
The Cullen Foundation of Western New York IncFOUNDATION$1.0M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
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
4 events
  1. Dec 31, 2025
    LACERS reports Spark Capital Growth Fund IV: an undisclosed amount committed, vintage 2021, net IRR 43.6%, 2.29x
    LP commitment disclosed Fact Pension disclosure
  2. Mar 23, 2022
    Spark Capital Growth Fund IV, L.P. first reported on Form ADV by Spark Capital (Venture Capital Fund), GAV $1,405,090,555
    Fund first reported on Form ADV Fact Form ADV
  3. Oct 13, 2021
    Spark Capital Growth Fund IV, L.P. filed Form D: no sales yet of $1,300,000,000, Venture Capital Fund
    Form D filed Fact Form D
  4. Oct 13, 2021
    LACERS commits $33,300,000 to Spark Capital Growth Fund IV (Spark Management Partners), closed 2021-10-13
    LP commitment closed Fact Pension disclosure
Evidence
16 observations
Every observation on this vehicle
  • Adv pdf fund: 3,745,567,652 Sep 14, 2026 Fact Form ADV
  • Entity type: Limited Partnership Oct 13, 2021 Fact Form D
  • Form D fund type: Venture Capital Fund Oct 13, 2021 Fact Form D
  • Form D industry group: Pooled Investment Fund Oct 13, 2021 Fact Form D
  • Amendment: false Oct 13, 2021 Fact Form D
  • Revenue range (Form D): Not Applicable Oct 13, 2021 Fact Form D
  • Incorporated: withinFiveYears Oct 13, 2021 Fact Form D
  • Jurisdiction: Delaware Oct 13, 2021 Fact Form D
  • Amount sold (Form D): $0 Oct 13, 2021 Fact Form D
  • Offering amount (Form D): $1.3B Oct 13, 2021 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Oct 13, 2021 Fact Form D
  • Investors (Form D): 0 Oct 13, 2021 Fact Form D
  • Minimum investment (Form D): 0 Oct 13, 2021 Fact Form D
  • Securities offered: pooled Oct 13, 2021 Fact Form D
  • Office address: Oct 13, 2021 Fact Form D
  • Year of incorporation: 2021 Oct 13, 2021 Fact Form D

Relationships across DFX

on 2 other DFX graphs · 35 capital paths
Across the graphs

Spark Capital Growth Fund IV, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Spark Capital Growth Fund IV, L.P. sits on 35 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 35 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

4 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-12-31source on record
  • Fund first reported on ADV
    2022-03-23source on record
  • Form D filed
    2021-10-13source on record

+1 more change on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.