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 / Arch Venture Fund Xi, LP
Arch Venture Fund Xi, LP
Amounts, each with its basis
- Vintage
- 2020basis: 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
- $1.9Bwhat may be sold, not what was raised; file 021-380955, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.9Bas of the filing of Jan 28, 2021, 93 investors
- First sale
- Nov 20, 2020
- Reported GAV
- $1.6Bon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 98
- Reported on ADV
- Mar 26, 2021 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-01-28: the stated $1.9bn offering reported fully sold (fr-1)
evidence dated Jan 28, 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: 6first sale: 2020-11-20vintage year: $2,020adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $1.9Bform d offering usd: $1.9Bform d latest filed at: 2021-01-28
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2021 | Venture Capital Fund | $232M | 2 | $5.0M | 3% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $2.2B | 97 | $5.0M | 3% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $2.4B | 100 | $5.0M | 3% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $2.4B | 100 | $5.0M | 3% | yes | |
| Sep 14, 2026 | $1.6B | 98 | $5.0M | 3% |
Principals and agents
9 principals on Form D, 0 placement agents
- Kristina Burow Executive Officer
- Arch Venture Partners Xi, LP Director
- Mark L. Mcdonnell Executive Officer
- Robert T. Nelsen Executive Officer
- Paul T. Thurk Executive Officer
- Keith L. Crandell Executive Officer
- Steven L. Gillis Executive Officer
- Jason L. Doren Executive Officer
- Arch Venture Partners Xi, LP 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 |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2021 | $25.0M | n/a | n/a | n/a | not meaningful yet | unknown | 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
4 events
- Dec 31, 2025APFC reports Arch Venture Fund XI LP: $25,000,000 committed, vintage 2021LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 26, 2021Arch Venture Fund Xi, LP first reported on Form ADV by Arch Venture Partners (Venture Capital Fund), GAV $231,850,461Fund 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 28, 2021ARCH Venture Fund XI, L.P. filed Form D/A: $1,850,000,000 sold of $1,850,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Nov 18, 2020ARCH Venture Fund XI, L.P. filed Form D: no sales yet of $1,500,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Adv pdf fund: ARCH VENTURE FUND XI, LP 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 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.9B Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.9B Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.5B Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-11-20 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 93 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 8755 W. HIGGINS ROAD, SUITE 1025, CHICAGO, IL, 60631 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 8755 W. Higgins Road, Suite 1025, Chicago, IL, 60631 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jan 28, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Nov 18, 2020 Fact SEC EDGAR Form D data sets (quarterly)