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 / GGV Discovery Iv-Us LP

GGV Discovery Iv-Us LP

Active deploymentUnknownFundADV: Venture Capital FundGGV Capital LLCCayman Islands
Amounts, each with its basis
Vintage
2023basis: 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
$350Mwhat may be sold, not what was raised; file 021-47297401, 021-510557, sworn by the adviser or filed under this vehicle
Form D sold
$119Mas of the filing of Apr 12, 2024, 20 investors
First sale
Feb 10, 2023
Reported GAV
$0on the Form ADV filed Sep 4, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
18
Reported on ADV
Mar 29, 2024 to Sep 4, 2024
Fundraising evidence
Unknown
latest Form D 2024-04-12, older than 15 months (fr-1)
evidence dated Apr 12, 2024. 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: 2023-02-10vintage year: $2,023adv gav as of: 2024-09-04vintage basis: form_d_first_saleform d sold usd: $119Mform d offering usd: $350Mform d latest filed at: 2024-04-12
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2024Venture Capital Fund$0
18$600,0009%yes
Apr 23, 2024Venture Capital Fund$0
18$600,0009%yes
Sep 4, 2024Venture Capital Fund$0
18$600,0009%yes
Principals and agents
1 principals on Form D, 1 placement agents
  • GGV Discovery IV-US, L.L.C. Director
  • J.P. Morgan Securities LLC placement agent
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Oregon Public Employees Retirement Fund oregon.gov2024$18.8M$8.9M$0$11.6Mnot meaningful yet1.3xMar 31, 2026

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. Mar 31, 2026
    OPERF reports GGV Discovery IV US: $18,800,000 committed, vintage 2024
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 31, 2026
    OPERF reports GGV Discovery IV US: $18,800,000 committed, vintage 2024
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  3. Apr 12, 2024
    GGV Discovery IV-US, L.P. filed Form D: $118,840,740 sold of $350,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Mar 29, 2024
    GGV Discovery Iv-Us LP first reported on Form ADV by GGV Capital LLC (Venture Capital Fund)
    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)
Evidence
16 observations
Every observation on this vehicle