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 / Lytton Friends 125.3

Lytton Friends 125.3

MatureClosed to new capitalFundADV: Venture Capital FundMeritech CapitalDelaware
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
$17.9Mwhat may be sold, not what was raised; file 021-373303, sworn by the adviser or filed under this vehicle
Form D sold
$17.9Mas of the filing of Aug 14, 2020, 61 investors
First sale
Jul 31, 2020
Reported GAV
$20.2Mon the Form ADV filed Dec 20, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
63
Reported on ADV
Mar 30, 2021 to Dec 20, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-08-14: the stated $17.9M offering reported fully sold (fr-1)
evidence dated Aug 14, 2020. 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: 2020-07-31vintage year: $2,020adv gav as of: 2024-12-20vintage basis: form_d_first_saleform d sold usd: $17.9Mform d offering usd: $17.9Mform d latest filed at: 2020-08-14
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2021Venture Capital Fund$18.3M
63$40,0000%yes
Mar 28, 2022Venture Capital Fund$21.4M
63$40,0000%yes
Mar 29, 2023Venture Capital Fund$20.3M
63$40,0000%yes
Mar 28, 2024Venture Capital Fund$20.2M
63$40,0000%yes
Dec 20, 2024Venture Capital Fund$20.2M
63$40,0000%yes
Principals and agents
7 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. Mar 30, 2021
    Lytton Friends 125.3 first reported on Form ADV by Meritech Capital (Venture Capital Fund), GAV $18,314,050
    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. Aug 14, 2020
    Meritech Capital Entrepreneurs VII L.P. filed Form D: $17,865,000 sold of $17,865,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle