DFX Intelligence
Arch Venture Fund Xi, LP
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
6 additional principals, 1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Alaska Permanent Fund Corporation as of 31 Dec 2025, shows $25M committed.
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
- 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
What 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 2021-01-28: the stated $1.9bn offering reported fully sold (fr-1)
evidence dated Jan 28, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Nov 20, 2020vintage year: 2020adv gav as of: Sep 14, 2026vintage basis: Form d first saleform d sold: $1.9Bform d offering: $1.9Bform d latest filed at: Jan 28, 2021
The fund's own reporting through time
6 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 | |
| Mar 30, 2026 | Venture Capital Fund | $1.6B | 98 | $5.0M | 3% | ||
| 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
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorEY · CHICAGO, Illinois, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianNorthern Trust · CHICAGO, Illinois, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · BOSTON, Massachusetts, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2021 | $25.0M | Not disclosed | Not disclosed | Not disclosed | not meaningful yet | unknown | Dec 31, 2025 |
Known LPs and allocators
What 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | $25.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Rockefeller Brothers Fund Inc | FOUNDATION | $11.1M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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 Pension disclosure
- 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 Form ADV
- 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 Form D
- 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 Form D
Evidence
32 observations
Every observation on this vehicle
- Adv pdf fund: 1,645,058,194 Sep 14, 2026 Fact Form ADV
- Entity type: Limited Partnership Jan 28, 2021 Fact Form D
- Entity type: Limited Partnership Nov 18, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Jan 28, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Nov 18, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 28, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 18, 2020 Fact Form D
- Amendment: true Jan 28, 2021 Fact Form D
- Amendment: false Nov 18, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Jan 28, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Nov 18, 2020 Fact Form D
- Incorporated: withinFiveYears Jan 28, 2021 Fact Form D
- Incorporated: withinFiveYears Nov 18, 2020 Fact Form D
- Jurisdiction: Delaware Jan 28, 2021 Fact Form D
- Jurisdiction: Delaware Nov 18, 2020 Fact Form D
- Amount sold (Form D): $1.9B Jan 28, 2021 Fact Form D
- Amount sold (Form D): $0 Nov 18, 2020 Fact Form D
- Offering amount (Form D): $1.9B Jan 28, 2021 Fact Form D
- Offering amount (Form D): $1.5B Nov 18, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 28, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 18, 2020 Fact Form D
- First sale: 2020-11-20 Jan 28, 2021 Fact Form D
- Investors (Form D): 93 Jan 28, 2021 Fact Form D
- Investors (Form D): 0 Nov 18, 2020 Fact Form D
- Minimum investment (Form D): 0 Jan 28, 2021 Fact Form D
- Minimum investment (Form D): 0 Nov 18, 2020 Fact Form D
- Securities offered: pooled Jan 28, 2021 Fact Form D
- Securities offered: pooled Nov 18, 2020 Fact Form D
- Office address: Jan 28, 2021 Fact Form D
- Office address: Nov 18, 2020 Fact Form D
- Year of incorporation: 2020 Jan 28, 2021 Fact Form D
- Year of incorporation: 2020 Nov 18, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 10 capital paths
Across the graphs
Arch Venture Fund Xi, LP 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
Arch Venture Fund Xi, LP sits on 10 traced paths of capital across the graphs.
Allocator to VC fund to manager to company
DFX traced 10 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
4 dated events on the change ledger, latest event first
- LP commitment disclosed2025-12-31source on record
- Fund first reported on ADV2021-03-26source on record
- Form D filed2021-01-28source on record
+1 more change 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.