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 / Polaris Partners VII, L.P.

Polaris Partners VII, L.P.

HarvestClosed to new capitalFundADV: Venture Capital FundPolaris Growth Management, LLCDelaware
Amounts, each with its basis
Vintage
2014basis: 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
$436Mwhat may be sold, not what was raised; file 021-219742, sworn by the adviser or filed under this vehicle
Form D sold
$436Mas of the filing of Feb 12, 2015, 43 investors
First sale
Jun 25, 2014
Reported GAV
$786Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
47
Reported on ADV
Jun 6, 2018 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2015-02-12: the stated $435.6M offering reported fully sold (fr-1)
evidence dated Feb 12, 2015. 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
Harvest
vintage over 7 years, still reported
age years: 12first sale: 2014-06-25vintage year: $2,014adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $436Mform d offering usd: $436Mform d latest filed at: 2015-02-12
The fund's own reporting through time
20 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2015Venture Capital Fund$427M
441%yes
Mar 30, 2016Venture Capital Fund$461M
441%yes
Mar 29, 2017Venture Capital Fund$468M
441%yes
Mar 30, 2018Venture Capital Fund$377M
431%yes
Jun 6, 2018Venture Capital Fund$535M
431%yes
Nov 1, 2018Venture Capital Fund$589M
431%yes
Nov 12, 2018Venture Capital Fund$377M
431%yes
Mar 30, 2019Venture Capital Fund$612M
431%yes
May 29, 2019Venture Capital Fund$612M
431%yes
May 30, 2019Venture Capital Fund$612M
431%yes
Sep 10, 2019Venture Capital Fund$612M
431%yes
Mar 27, 2020Venture Capital Fund$628M
451%yes
Jun 5, 2020Venture Capital Fund$628M
451%yes
Mar 29, 2021Venture Capital Fund$889M
451%yes
Apr 12, 2021Venture Capital Fund$889M
451%yes
Apr 26, 2021Venture Capital Fund$889M
451%yes
Mar 30, 2022Venture Capital Fund$888M
471%yes
Mar 30, 2023Venture Capital Fund$779M
471%yes
Jan 18, 2024Venture Capital Fund$779M
471%yes
Mar 28, 2024Venture Capital Fund$786M
471%yes
Principals and agents
6 principals on Form D, 1 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Los Angeles City Employees' Retirement System lacers.org2014n/an/an/an/a7.6%1.8xDec 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
5 events
  1. Dec 31, 2025
    LACERS reports Polaris Partners VII: an undisclosed amount committed, vintage 2014, net IRR 7.6%, 1.8x
  2. Mar 30, 2015
    Polaris Partners VII, L.P. first reported on Form ADV by Polaris Partners (Venture Capital Fund), GAV $426,867,369
  3. Feb 12, 2015
    Polaris Partners VII, L.P. filed Form D/A: $435,555,556 sold of $435,555,556, Venture Capital Fund
  4. Jun 25, 2014
    Polaris Partners VII, L.P. filed Form D/A: no sales yet of $400,000,000, Venture Capital Fund
  5. Jun 24, 2014
    Polaris Partners VII, L.P. filed Form D: no sales yet of $400,000,000, Venture Capital Fund
Evidence
44 observations
Every observation on this vehicle