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 / Craft Ventures Growth II, L.P.

Craft Ventures Growth II, L.P.

Active deploymentUnknownGrowth fundADV: Venture Capital FundCraft Ventures Management LPDelaware
Amounts, each with its basis
Vintage
2022basis: 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
indefinitewhat may be sold, not what was raised; file 021-446401, sworn by the adviser or filed under this vehicle
Form D sold
$585Mas of the filing of May 22, 2023, 174 investors
First sale
Jun 3, 2022
Reported GAV
$924Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
176
Reported on ADV
Mar 31, 2023 to Sep 14, 2026
Structure
master
Fundraising evidence
Unknown
latest Form D 2023-05-22, older than 15 months (fr-1)
evidence dated May 22, 2023. 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: 2022-06-03vintage year: $2,022adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $585Mform d offering usd: n/aform d latest filed at: 2023-05-22
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2023Venture Capital Fund$571M
1540%yes
Jun 7, 2023Venture Capital Fund$571M
1540%yes
Mar 27, 2024Venture Capital Fund$593M
1752%yes
May 17, 2024Venture Capital Fund$593M
1752%yes
Sep 14, 2026$924M
1762%
Principals and agents
3 principals on Form D, 0 placement agents
  • David Sacks Promoter
  • General Partner Craft Ventures Growth GP II, LP Promoter
  • Craft Ventures Growth GP II, LP general partner (ADV 7.B.(1).A.3)
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
San Diego City Employees' Retirement System content.sdcers.gov2022$5.0M$3.3M$0$6.7M53.5%2.0xMar 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
    SDCERS reports Craft Ventures Growth II, L.P.: $5,000,000 committed, vintage 2022, net IRR 53.5%, 2.05x
  2. May 22, 2023
    Craft Ventures Growth II, L.P. filed Form D/A: $584,873,333 sold (indefinite offering), Venture Capital Fund
  3. Mar 31, 2023
    Craft Ventures Growth II, L.P. first reported on Form ADV by Craft Ventures Management LP (Venture Capital Fund), GAV $570,548,367
  4. May 20, 2022
    Craft Ventures Growth II, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
Evidence
32 observations
Every observation on this vehicle