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 / Bluecross Blueshield Venture Partners V, LLC

Bluecross Blueshield Venture Partners V, LLC

FundraisingEvergreen or indefinite offeringFundADV: Venture Capital FundSandbox IndustriesDelaware
Amounts, each with its basis
Vintage
2022basis: 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
indefinitewhat may be sold, not what was raised; file 021-457125, sworn by the adviser or filed under this vehicle
Form D sold
$370Mas of the filing of Aug 15, 2025, 37 investors
First sale
Aug 29, 2022
Reported GAV
$358Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
34
Reported on ADV
Mar 29, 2023 to Mar 29, 2024
Fundraising evidence
Evergreen or indefinite offering
Form D filed or amended 2025-08-15: offering indefinite, sold $370.1M (fr-1)
evidence dated Aug 15, 2025. 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
Fundraising
Form D within 18 months and the offering is not sold out
first sale: 2022-08-29vintage year: $2,022adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $370Mform d offering usd: n/aform d latest filed at: 2025-08-15
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2023Venture Capital Fund$300M
27$2.0M2%yes
Jan 10, 2024Venture Capital Fund$300M
27$2.0M2%yes
Mar 29, 2024Venture Capital Fund$358M
34$2.0M2%yes
Principals and agents
7 principals on Form D, 0 placement agents
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
5 events
  1. Aug 15, 2025
    BlueCross BlueShield Venture Partners V, LLC filed Form D/A: $370,102,041 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Aug 19, 2024
    BlueCross BlueShield Venture Partners V, LLC filed Form D/A: $366,020,408 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Aug 30, 2023
    BlueCross BlueShield Venture Partners V, LLC filed Form D/A: $362,959,184 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Mar 29, 2023
    Bluecross Blueshield Venture Partners V, LLC first reported on Form ADV by Sandbox Industries (Venture Capital Fund), GAV $299,700,000
    Fund 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)
  5. Aug 26, 2022
    BlueCross BlueShield Venture Partners V, LLC filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
63 observations
Every observation on this vehicle