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 / Spark Capital VII, L.P.

Spark Capital VII, L.P.

Active deploymentUnknownFundADV: Venture Capital FundSpark CapitalDelaware
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
$650Mwhat may be sold, not what was raised; file 021-416823, 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
$1.2Bon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
190
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. 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: 4first sale: n/avintage year: $2,022adv gav as of: 2026-09-14vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $650Mform d latest filed at: 2021-10-13
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 23, 2022Venture Capital Fund$703M
1861%no
Mar 27, 2023Venture Capital Fund$697M
1891%yes
Mar 27, 2024Venture Capital Fund$689M
1891%yes
Sep 14, 2026$1.2B
1901%
Principals and agents
8 principals on Form D, 0 placement agents
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.org2021n/an/an/an/a19.7%1.6xDec 31, 2025
Los Angeles City Employees' Retirement System lacers.org2021$16.7Mn/an/an/anot meaningful yetunknownOct 13, 2021

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
  1. Dec 31, 2025
    LACERS reports Spark Capital VII: an undisclosed amount committed, vintage 2021, net IRR 19.7%, 1.57x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 23, 2022
    Spark Capital VII, L.P. first reported on Form ADV by Spark Capital (Venture Capital Fund), GAV $702,514,469
    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)
  3. Oct 13, 2021
    Spark Capital VII, L.P. filed Form D: no sales yet of $650,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Oct 13, 2021
    LACERS commits $16,700,000 to Spark Capital VII (Spark Management Partners), closed 2021-10-13
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Evidence
16 observations
Every observation on this vehicle