DFX Intelligence
Sequoia Capital U.S. Venture Fund Xvii, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
9 additional placement agents
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
- +221%reported GAV
Reported gross assets rose from $949M to $3.05B between the Form ADV filings of 30 Oct 2024 and 17 Jul 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2020basis: 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 021-369468, sworn by the adviser or filed under this vehicle
- Form D sold
- $650Mas of the filing of Jul 2, 2021, 129 investors
- First sale
- Jul 2, 2020
- Reported GAV
- $3.0Bon the Form ADV filed Jul 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 129
- Reported on ADV
- Mar 31, 2021 to Jul 17, 2026
Fundraising evidence
What counts as raisingA 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.Unknown
latest Form D 2021-07-02, older than 15 months (fr-1)
evidence dated Jul 2, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Jul 2, 2020vintage year: 2020adv gav as of: Jul 17, 2026vintage basis: Form d first saleform d sold: $650Mform d offering: n/aform d latest filed at: Jul 2, 2021
The fund's own reporting through time
15 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $648M | 129 | 2% | yes | ||
| Jun 29, 2021 | Venture Capital Fund | $648M | 129 | 2% | yes | ||
| Nov 9, 2021 | Venture Capital Fund | $648M | 129 | 2% | yes | ||
| Nov 30, 2021 | Venture Capital Fund | $878M | 129 | 2% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $982M | 129 | 2% | yes | ||
| Jun 30, 2022 | Venture Capital Fund | $982M | 129 | 2% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $919M | 129 | 2% | yes | ||
| May 3, 2023 | Venture Capital Fund | $919M | 129 | 2% | yes | ||
| May 3, 2023 | Venture Capital Fund | $919M | 129 | 2% | yes | ||
| Jun 29, 2023 | Venture Capital Fund | $919M | 129 | 2% | yes | ||
| Aug 7, 2023 | Venture Capital Fund | $919M | 129 | 2% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $949M | 129 | 2% | yes | ||
| Apr 16, 2024 | Venture Capital Fund | $949M | 129 | 2% | yes | ||
| Oct 30, 2024 | Venture Capital Fund | $949M | 129 | 2% | yes | ||
| Jul 17, 2026 | Venture Capital Fund | $3.0B | 129 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- - SC U.S. Venture XVII Management, L.P. Promoter
Service providers
12 named on Form ADV Schedule D and Form D
- AuditorPwC · GEORGE TOWN, Cayman IslandsForm ADV filed Jul 17, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · SAN FRANCISCO, California, United StatesForm ADV filed Jul 17, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Jul 17, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach 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).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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| John D & Catherine T Macarthur Foundation | FOUNDATION | $7.9M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact 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
3 events
- Jul 2, 2021Sequoia Capital U.S. Venture Fund XVII, L.P. filed Form D/A: $649,500,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 31, 2021Sequoia Capital U.S. Venture Fund Xvii, L.P. first reported on Form ADV by Sequoia Capital Operations, LLC (Venture Capital Fund), GAV $647,825,562Fund first reported on Form ADV Fact Form ADV
- Jun 23, 2020Sequoia Capital U.S. Venture Fund XVII, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Other Jul 2, 2021 Fact Form D
- Entity type: Limited Partnership Jun 23, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jul 2, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jun 23, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jul 2, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 23, 2020 Fact Form D
- Amendment: false Fact Form D
- Amendment: true Jul 2, 2021 Fact Form D
- Amendment: false Jun 23, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 2, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 23, 2020 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jul 2, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 23, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jul 2, 2021 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jun 23, 2020 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $650M Jul 2, 2021 Fact Form D
- Amount sold (Form D): $0 Jun 23, 2020 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Jul 2, 2021 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Jun 23, 2020 Fact Form D
- First sale: 2020-07-02 Jul 2, 2021 Fact Form D
- Indefinite offering: true Fact Form D
- Indefinite offering: true Jul 2, 2021 Fact Form D
- Indefinite offering: true Jun 23, 2020 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 129 Jul 2, 2021 Fact Form D
- Investors (Form D): 0 Jun 23, 2020 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jul 2, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 23, 2020 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jul 2, 2021 Fact Form D
- Securities offered: pooled Jun 23, 2020 Fact Form D
- Office address: Fact Form D
- Office address: Jul 2, 2021 Fact Form D
- Office address: Jun 23, 2020 Fact Form D
- Year of incorporation: 2020 Fact Form D
- Year of incorporation: 2020 Jul 2, 2021 Fact Form D
- Year of incorporation: 2020 Jun 23, 2020 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Sequoia Capital U.S. Venture Fund Xvii, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
DFX found 3 relationships across 3 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…
Record history
3 dated events on the change ledger, latest event first
- Form D filed2021-07-02source on record
- Fund first reported on ADV2021-03-31source on record
- Form D filed2020-06-23source on record
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.