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 / Bessemer Venture Partners Xii Institutional L.P.
Bessemer Venture Partners Xii Institutional L.P.
Amounts, each with its basis
- Vintage
- 2023basis: 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
- indefinitewhat may be sold, not what was raised; file 021-450240, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 27, 2022
- First sale
- unknown
- Reported GAV
- $2.8Bon the Form ADV filed Jun 20, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 144
- Reported on ADV
- Mar 31, 2023 to Jun 20, 2024
- Structure
- master
Fundraising evidence
Unknown
latest Form D 2022-06-27, older than 15 months (fr-1)
evidence dated Jun 27, 2022. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: n/avintage year: $2,023adv gav as of: 2024-06-20vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: n/aform d latest filed at: 2022-06-27
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $2.8B | 144 | $10.0M | 27% | yes | |
| Apr 26, 2023 | Venture Capital Fund | $2.8B | 144 | $10.0M | 27% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $2.8B | 144 | $10.0M | 27% | yes | |
| May 8, 2024 | Venture Capital Fund | $2.8B | 144 | $10.0M | 27% | yes | |
| Jun 20, 2024 | Venture Capital Fund | $2.8B | 144 | $10.0M | 27% | yes |
Principals and agents
13 principals on Form D, 0 placement agents
- Scott Ring Executive Officer
- Robert P. Goodman Director
- Stephen H.C. Kraus Director
- Sandra F. Grippo Director
- Ethan F. Kurzweil Director
- Byron B. Deeter Director
- Jeremy S. Levine Director
- David J. Cowan Director
- Deer XII & Co. Ltd. Director
- Alex R. Ferrara Director
- Brian R. Feinstein Director
- Richard Kent Bennett Director
- Adam R. Fisher Director
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California Public Employees' Retirement System calpers.ca.gov | 2024 | $115M | $51.7M | $0 | $62.3M | not meaningful yet | unknown | Dec 31, 2025 |
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
4 events
- Dec 31, 2025CalPERS reports Bessemer Venture Partners XII Institutional L.P.: $115,000,000 committed, vintage 2024LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025CalPERS reports Bessemer Venture Partners XII Institutional L.P.: $115,000,000 committed, vintage 2024LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2023Bessemer Venture Partners Xii Institutional L.P. first reported on Form ADV by Bessemer Venture Partners (Venture Capital Fund), GAV $2,815,707,071Fund 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)
- Jun 27, 2022Bessemer Venture Partners XII Institutional L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1865 PALMER AVENUE, SUITE 104, LARCHMONT, NY, 10538 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)