DFX Intelligence
Menlo Ventures Xv, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
7 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Washington State Investment Board as of 31 Dec 2025, shows $125M committed and net IRR 13.2%, 1.60x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
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 investor
- 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 evidenceWhat counts as raisingA 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.
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.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Jan 15, 2021vintage year: 2021adv gav as of: Sep 14, 2026vintage basis: Form d first saleform d sold: $5.0Mform d offering: $5.0Mform d latest filed at: Jan 25, 2021
The fund's own reporting through time
6 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 | |
| Mar 31, 2026 | Venture Capital Fund | $863M | 34 | $2.5M | 1% | ||
| 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
Service providers
1 named on Form ADV Schedule D and Form D
- AuditorEY · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose numbers these areEach 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).
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 | Not disclosed | $198M | 13.2% | 1.6x | Dec 31, 2025 |
Known LPs and allocatorsWhat these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.
1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | $125M committed | committed Nov 24, 2020 | Fact Pension disclosure |
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 Pension disclosure
- Dec 31, 2025WSIB reports Menlo Ventures XV, L.P.: $125,000,000 committed, vintage 2020, net IRR 13.2%, 1.6xLP commitment disclosed Fact Pension disclosure
- 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 Form ADV
- Jan 25, 2021Menlo Ventures XV, L.P. filed Form D: $5,000,000 sold of $5,000,000, Venture Capital FundForm D filed Fact Form D
- Jul 23, 2020Menlo Ventures XV, L.P. filed Form D: no sales yet of $450,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Adv pdf fund: 862,675,774 Sep 14, 2026 Fact Form ADV
- Entity type: Limited Partnership Jan 25, 2021 Fact Form D
- Entity type: Limited Partnership Jul 23, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Jan 25, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jul 23, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 25, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 23, 2020 Fact Form D
- Amendment: false Jan 25, 2021 Fact Form D
- Amendment: false Jul 23, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 25, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 23, 2020 Fact Form D
- Incorporated: withinFiveYears Jan 25, 2021 Fact Form D
- Incorporated: withinFiveYears Jul 23, 2020 Fact Form D
- Jurisdiction: Delaware Jan 25, 2021 Fact Form D
- Jurisdiction: Delaware Jul 23, 2020 Fact Form D
- Amount sold (Form D): $5.0M Jan 25, 2021 Fact Form D
- Amount sold (Form D): $0 Jul 23, 2020 Fact Form D
- Offering amount (Form D): $5.0M Jan 25, 2021 Fact Form D
- Offering amount (Form D): $450M Jul 23, 2020 Fact Form D
- Exemptions: 06c, 3C.7, 3C Jan 25, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 23, 2020 Fact Form D
- First sale: 2021-01-15 Jan 25, 2021 Fact Form D
- Investors (Form D): 1 Jan 25, 2021 Fact Form D
- Investors (Form D): 0 Jul 23, 2020 Fact Form D
- Minimum investment (Form D): 0 Jan 25, 2021 Fact Form D
- Minimum investment (Form D): 0 Jul 23, 2020 Fact Form D
- Securities offered: pooled Jan 25, 2021 Fact Form D
- Securities offered: pooled Jul 23, 2020 Fact Form D
- Office address: Jan 25, 2021 Fact Form D
- Office address: Jul 23, 2020 Fact Form D
- Year of incorporation: 2020 Jan 25, 2021 Fact Form D
- Year of incorporation: 2020 Jul 23, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 5 capital paths
Across the graphs
Menlo Ventures Xv, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Capital chain
Menlo Ventures Xv, L.P. sits on 5 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 5 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
5 dated events on the change ledger, latest event first
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source on record
- Fund first reported on ADV2021-03-30source on record
+2 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.