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 / The Founders Fund VII, LP

The Founders Fund VII, LP

MatureClosed to new capitalFundADV: Venture Capital FundFounders Fund LLC
Amounts, each with its basis
Vintage
2019basis: 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
$1.5Bwhat may be sold, not what was raised; file 021-353829, sworn by the adviser or filed under this vehicle
Form D sold
$1.5Bas of the filing of Nov 20, 2019, 203 investors
First sale
Nov 5, 2019
Reported GAV
$1.8Bon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
140
Reported on ADV
Mar 30, 2020 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2019-11-20: the stated $1.5bn offering reported fully sold (fr-1)
evidence dated Nov 20, 2019. 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-11-05vintage year: $2,019adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $1.5Bform d offering usd: $1.5Bform d latest filed at: 2019-11-20
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2020Venture Capital Fund$1.3B
135$250,00010%yes
Mar 31, 2021Venture Capital Fund$1.4B
137$250,00010%yes
Mar 29, 2022Venture Capital Fund$2.9B
139$250,00010%yes
Mar 30, 2023Venture Capital Fund$1.9B
140$250,00010%yes
Mar 29, 2024Venture Capital Fund$1.8B
140$250,00010%yes
Principals and agents
4 principals on Form D, 0 placement agents
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
2 events
  1. Mar 30, 2020
    Paul first reported on Form ADV by Founders Fund LLC (Venture Capital Fund), GAV $1,333,333,333
    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)
  2. Nov 20, 2019
    Founders Fund VII, LP filed Form D: $1,496,368,333 sold of $1,496,368,333, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
33 observations
Every observation on this vehicle