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 / The Founders Fund V, LP

The Founders Fund V, LP

HarvestClosed to new capitalFundADV: Venture Capital FundFounders Fund LLCDelaware
Amounts, each with its basis
Vintage
2014basis: 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
$1.0Bwhat may be sold, not what was raised; file 021-213048, sworn by the adviser or filed under this vehicle
Form D sold
$1.0Bas of the filing of Mar 6, 2014, 109 investors
First sale
Feb 27, 2014
Reported GAV
$1.1Bon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
106
Reported on ADV
Mar 27, 2014 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2014-03-06: the stated $1.0bn offering reported fully sold (fr-1)
evidence dated Mar 6, 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: 12first sale: 2014-02-27vintage year: $2,014adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $1.0Bform d offering usd: $1.0Bform d latest filed at: 2014-03-06
The fund's own reporting through time
15 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 27, 2014Venture Capital Fund$842M
106$2.0M5%yes
Jul 22, 2014Venture Capital Fund$842M
106$2.0M5%yes
Mar 30, 2015Venture Capital Fund$900M
105$50,0005%yes
Mar 30, 2016Venture Capital Fund$1.3B
106$50,0005%yes
Mar 28, 2017Venture Capital Fund$1.0B
106$50,0005%yes
Sep 28, 2017Venture Capital Fund$1.0B
106$50,0005%yes
Mar 26, 2018Venture Capital Fund$1.8B
106$50,0005%yes
Mar 28, 2019Venture Capital Fund$2.0B
106$50,0005%yes
Dec 20, 2019Venture Capital Fund$2.0B
106$50,0005%yes
Mar 30, 2020Venture Capital Fund$2.7B
106$50,0005%yes
Mar 31, 2021Venture Capital Fund$3.8B
106$50,0005%yes
Mar 29, 2022Venture Capital Fund$4.0B
106$50,0005%yes
Mar 30, 2023Venture Capital Fund$1.1B
106$50,0005%yes
Mar 29, 2024Venture Capital Fund$1.1B
106$50,0005%yes
Sep 14, 2026$1.6B
107$50,0005%
Principals and agents
6 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 27, 2014
    Pip first reported on Form ADV by Founders Fund LLC (Venture Capital Fund), GAV $842,105,263
  2. Mar 6, 2014
    Founders Fund V, LP filed Form D: $1,015,200,000 sold of $1,015,200,000, Venture Capital Fund
Evidence
17 observations
Every observation on this vehicle