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 / Foundation Capital XI, L.P.
Foundation Capital XI, L.P.
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
- $600Mwhat may be sold, not what was raised; file 021-479455, sworn by the adviser or filed under this vehicle
- Form D sold
- $587Mas of the filing of May 23, 2024, 80 investors
- First sale
- Apr 20, 2023
- Reported GAV
- unknown
- Owners (ADV)
- unknown
- Reported on ADV
- unknown
Fundraising evidence
Unknown
latest Form D 2024-05-23, older than 15 months (fr-1)
evidence dated May 23, 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: 2023-04-20vintage year: $2,023adv gav as of: n/avintage basis: form_d_first_saleform d sold usd: $587Mform d offering usd: $600Mform d latest filed at: 2024-05-23
The fund's own reporting through time
0 Form ADV filings
No Form ADV reporting row: this vehicle is known from Form D only.
Principals and agents
3 principals on Form D, 0 placement agents
- Steve Vassallo Executive Officer
- Ashu Garg Executive Officer
- Charles Moldow Executive Officer
Limited partners and their reported performance
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.
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
1 events
- May 23, 2024Foundation Capital XI, L.P. filed Form D/A: $587,282,500 sold of $600,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $587M May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $600M May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-04-20 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 80 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 550 HIGH STREET, 3RD FLOOR, PALO ALTO, CA, 94301 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 May 23, 2024 Fact SEC EDGAR Form D data sets (quarterly)