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 / Menlo Ventures Xv, L.P.
Menlo Ventures Xv, L.P.
Amounts, each with its basis
- Vintage
- 2021basis: 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
- $5.0Mwhat may be sold, not what was raised; file 021-387153, 021-371676, sworn by the adviser or filed under this vehicle
- Form D sold
- $5.0Mas of the filing of Jan 25, 2021, 1 investors
- First sale
- Jan 15, 2021
- Reported GAV
- $863Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 34
- Reported on ADV
- Mar 30, 2021 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-01-25: the stated $5.0M offering reported fully sold (fr-1)
evidence dated Jan 25, 2021. 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: 5first sale: 2021-01-15vintage year: $2,021adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $5.0Mform d offering usd: $5.0Mform d latest filed at: 2021-01-25
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2021 | Venture Capital Fund | $497M | 34 | $2.5M | 1% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $515M | 34 | $2.5M | 1% | yes | |
| Feb 28, 2023 | Venture Capital Fund | $547M | 34 | $2.5M | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $544M | 34 | $2.5M | 1% | yes | |
| Sep 14, 2026 | $863M | 34 | $2.5M | 1% |
Principals and agents
10 principals on Form D, 0 placement agents
- Venky Ganesan Director
- Matthew Murphy Director
- Shawn Carolan Director
- MVM GP, L.L.C. Promoter
- MV Management Xv, LLC Promoter
- Menlo Ventures Management, L.P. Promoter
- Murphy Matthew Director
- Carolan Shawn Director
- Ganesan Venky Director
- MV Management Xv, LLC general partner (ADV 7.B.(1).A.3)
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 |
|---|---|---|---|---|---|---|---|---|
| Washington State Investment Board sib.wa.gov | 2020 | $125M | $125M | n/a | $198M | 13.2% | 1.6x | 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
5 events
- Dec 31, 2025WSIB reports Menlo Ventures XV, L.P.: $125,000,000 committed, vintage 2020, net IRR 13.2%, 1.6xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025WSIB reports Menlo Ventures XV, L.P.: $125,000,000 committed, vintage 2020, net IRR 13.2%, 1.6xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 30, 2021Menlo Ventures Xv, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $496,743,879Fund 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)
- Jan 25, 2021Menlo Ventures XV, L.P. filed Form D: $5,000,000 sold of $5,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jul 23, 2020Menlo Ventures XV, L.P. filed Form D: no sales yet of $450,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Adv pdf fund: MENLO VENTURES XV, L.P. Sep 14, 2026 Fact IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Entity type: Limited Partnership Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $5.0M Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $5.0M Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $450M Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C.7, 3C Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-01-15 Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 1 Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2884 Sand Hill Road, Suite 100, Menlo Park, CA, 94025 Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2884 SAND HILL ROAD, SUITE 100, MENLO PARK, CA, 94025 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jan 25, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jul 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)