DFX Intelligence
Venture Capital Intelligence
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 / U.S. Venture Partners Xi, L.P.
U.S. Venture Partners Xi, L.P.
Amounts, each with its basis
- Vintage
- 2014basis: 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
- $281Mwhat may be sold, not what was raised; file 021-225009, sworn by the adviser or filed under this vehicle
- Form D sold
- $281Mas of the filing of Oct 29, 2015, 49 investors
- First sale
- Sep 19, 2014
- Reported GAV
- $582Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 53
- Reported on ADV
- Mar 30, 2015 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2015-10-29: the stated $281.3M offering reported fully sold (fr-1)
evidence dated Oct 29, 2015. 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: 12first sale: 2014-09-19vintage year: $2,014adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $281Mform d offering usd: $281Mform d latest filed at: 2015-10-29
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2015 | Venture Capital Fund | $209M | 40 | 1% | yes | ||
| Sep 29, 2015 | Venture Capital Fund | $209M | 40 | 1% | yes | ||
| Mar 28, 2016 | Venture Capital Fund | $294M | 52 | 4% | yes | ||
| Mar 28, 2017 | Venture Capital Fund | $312M | 53 | 4% | yes | ||
| Mar 22, 2018 | Venture Capital Fund | $312M | 53 | 4% | yes | ||
| Mar 29, 2019 | Venture Capital Fund | $366M | 53 | 4% | yes | ||
| May 12, 2020 | Venture Capital Fund | $313M | 53 | 4% | yes | ||
| Mar 29, 2021 | Venture Capital Fund | $425M | 53 | 1% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $682M | 53 | 1% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $588M | 53 | 1% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $582M | 53 | 1% | yes |
Principals and agents
4 principals on Form D, 1 placement agents
- Rick M Lewis Executive Officer
- Casey D Tansey Executive Officer
- Steven M Krausz Executive Officer
- Jonathan D Root Executive Officer
- Olaf Neubert placement agent
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
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
- Oct 29, 2015U.S. Venture Partners XI, L.P. filed Form D/A: $281,275,000 sold of $281,275,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 30, 2015U.S. Venture Partners Xi, L.P. first reported on Form ADV by U.S. Venture Partners (Venture Capital Fund), GAV $208,773,280Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 19, 2014U.S. Venture Partners XI, L.P. filed Form D/A: no sales yet of $275,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Sep 19, 2014U.S. Venture Partners XI, L.P. filed Form D: no sales yet of $275,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $281M Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $281M Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $275M Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.7 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-09-19 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 49 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1460 El Camino Real, Suite 100, MENLO PARK, CA, 94025 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2735 SAND HILL ROAD, MENLO PARK, CA, 94025 Sep 19, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Oct 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)