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 / USV Investors 2016 LP

USV Investors 2016 LP

HarvestClosed to new capitalFundADV: Venture Capital FundUnion Square VenturesDelaware
Amounts, each with its basis
Vintage
2016basis: name year
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
$8.2Mwhat may be sold, not what was raised; file 021-260518, sworn by the adviser or filed under this vehicle
Form D sold
$8.2Mas of the filing of Apr 1, 2016, 73 investors
First sale
Mar 29, 2016
Reported GAV
$22.9Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
80
Reported on ADV
May 5, 2017 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-04-01: the stated $8.2M offering reported fully sold (fr-1)
evidence dated Apr 1, 2016. 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: 10first sale: 2016-03-29vintage year: $2,016adv gav as of: 2024-03-29vintage basis: name_yearform d sold usd: $8.2Mform d offering usd: $8.2Mform d latest filed at: 2016-04-01
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
May 5, 2017Venture Capital Fund$8.0M
806%yes
Mar 30, 2018Venture Capital Fund$8.4M
806%yes
Mar 27, 2019Venture Capital Fund$9.1M
806%yes
Mar 31, 2020Venture Capital Fund$8.7M
806%yes
Mar 30, 2021Venture Capital Fund$9.3M
806%yes
Mar 31, 2022Venture Capital Fund$16.9M
806%yes
Mar 30, 2023Venture Capital Fund$25.3M
806%yes
Mar 29, 2024Venture Capital Fund$22.9M
806%yes
Principals and agents
5 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. May 5, 2017
    USV Investors 2016 LP first reported on Form ADV by Union Square Ventures (Venture Capital Fund), GAV $8,030,735
    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. Apr 1, 2016
    USV Investors 2016, LP filed Form D: $8,200,000 sold of $8,200,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle