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 Xii, L.P.
Menlo Ventures Xii, L.P.
Amounts, each with its basis
- Vintage
- 2015basis: adv first reported
- 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
- $400Mwhat may be sold, not what was raised; file 021-217802, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of May 22, 2014
- First sale
- unknown
- Reported GAV
- $583Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 25
- Reported on ADV
- Mar 30, 2015 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2014-05-22, older than 15 months (fr-1)
evidence dated May 22, 2014. 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
Harvest
vintage over 7 years, still reported
age years: 11first sale: n/avintage year: $2,015adv gav as of: 2024-03-29vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $400Mform d latest filed at: 2014-05-22
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2015 | Venture Capital Fund | $363M | 23 | $5.0M | 1% | yes | |
| Mar 29, 2016 | Venture Capital Fund | $389M | 23 | $5.0M | 1% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $377M | 23 | $5.0M | 1% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $386M | 23 | $5.0M | 1% | yes | |
| Mar 30, 2019 | Venture Capital Fund | $392M | 23 | $5.0M | 1% | yes | |
| Mar 26, 2020 | Venture Capital Fund | $456M | 23 | $5.0M | 1% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $507M | 23 | $5.0M | 1% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $795M | 25 | $5.0M | 1% | yes | |
| Feb 28, 2023 | Venture Capital Fund | $530M | 25 | $5.0M | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $583M | 25 | $5.0M | 1% | yes |
Principals and agents
6 principals on Form D, 0 placement agents
- Jarve W. Jarve Director
- Mark a. Siegel Director
- Douglas C. Carlisle Director
- Pravin a. Vazirani Director
- Venky a. Ganesan Director
- MV Management XII, L.L.C. Promoter
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 | 2015 | $100M | $114M | $69.0M | $145M | 9.6% | 1.9x | 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, 2025WSIB reports Menlo Ventures XII, L.P.: $100,000,000 committed, vintage 2015, net IRR 9.6%, 1.9xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025WSIB reports Menlo Ventures XII, L.P.: $100,000,000 committed, vintage 2015, net IRR 9.6%, 1.9xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 30, 2015Menlo Ventures Xii, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $362,811,460Fund 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)
- May 22, 2014Menlo Ventures XII, L.P. filed Form D: no sales yet of $400,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
14 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $400M May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3000 SAND HILL ROAD, SUITE 4-100, MENLO PARK, CA, 94025 May 22, 2014 Fact SEC EDGAR Form D data sets (quarterly)