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 / Tenaya Capital VII, LP
Tenaya Capital VII, LP
Amounts, each with its basis
- Vintage
- 2015basis: 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
- $450Mwhat may be sold, not what was raised; file 021-223789, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Aug 28, 2014
- First sale
- unknown
- Reported GAV
- $1.1Bon the Form ADV filed Mar 13, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 22
- Reported on ADV
- Mar 25, 2015 to Mar 13, 2024
Fundraising evidence
Unknown
latest Form D 2014-08-28, older than 15 months (fr-1)
evidence dated Aug 28, 2014. 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: 11first sale: n/avintage year: $2,015adv gav as of: 2024-03-13vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $450Mform d latest filed at: 2014-08-28
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 25, 2015 | Venture Capital Fund | $455M | 22 | $5.0M | 1% | yes | |
| Mar 10, 2016 | Venture Capital Fund | $450M | 22 | $5.0M | 1% | yes | |
| Mar 10, 2017 | Venture Capital Fund | $441M | 22 | $5.0M | 1% | yes | |
| Mar 7, 2018 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| Jul 12, 2020 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| May 5, 2022 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| May 15, 2023 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| Nov 13, 2023 | Venture Capital Fund | $448M | 22 | $5.0M | 1% | yes | |
| Mar 13, 2024 | Venture Capital Fund | $1.1B | 22 | $5.0M | 1% | yes |
Principals and agents
6 principals on Form D, 0 placement agents
- Brian Paul Executive Officer
- Brian Melton Executive Officer
- Benjamin Boyer Executive Officer
- Thomas Banahan Executive Officer
- Tenaya Capital VII GP, LLC Promoter
- Stewart Gollmer Executive Officer
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Pennsylvania Public School Employees' Retirement System pa.gov | 2015 | $100M | $88.4M | $40.0M | $166M | 14.3% | 2.3x | Dec 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
4 events
- Dec 31, 2025PSERS reports Tenaya Capital VII, L.P.: $100,000,000 committed, vintage 2015, net IRR 14.3%, 2.33xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025PSERS reports Tenaya Capital VII, L.P.: $100,000,000 committed, vintage 2015, net IRR 14.3%, 2.33xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 25, 2015Tenaya Capital VII, LP first reported on Form ADV by Tenaya Capital (Venture Capital Fund), GAV $454,545,455Fund 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)
- Aug 28, 2014Tenaya Capital VII, LP filed Form D: no sales yet of $450,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
14 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $450M Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3280 ALPINE ROAD, PORTOLA VALLEY, CA, 94028 Aug 28, 2014 Fact SEC EDGAR Form D data sets (quarterly)