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 / Mayfield Xvi, L.P.
Mayfield Xvi, L.P.
MatureUnknownFundADV: Venture Capital FundMayfield Fund, L.L.C., a Delaware Limited Liability CompanyDelaware
Amounts, each with its basis
- Vintage
- 2021basis: 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
- indefinitewhat may be sold, not what was raised; file 021-362900, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 16, 2020
- First sale
- unknown
- Reported GAV
- $497Mon the Form ADV filed Aug 19, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 374
- Reported on ADV
- Mar 9, 2021 to Aug 19, 2024
- Structure
- master
Fundraising evidence
Unknown
latest Form D 2020-03-16, older than 15 months (fr-1)
evidence dated Mar 16, 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: 5first sale: n/avintage year: $2,021adv gav as of: 2024-08-19vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: n/aform d latest filed at: 2020-03-16
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 9, 2021 | Venture Capital Fund | $475M | 373 | $2.0M | 1% | yes | |
| Mar 9, 2022 | Venture Capital Fund | $480M | 373 | $2.0M | 1% | yes | |
| Feb 27, 2023 | Venture Capital Fund | $476M | 374 | $2.0M | 1% | yes | |
| Feb 28, 2024 | Venture Capital Fund | $497M | 374 | $2.0M | 1% | yes | |
| Apr 5, 2024 | Venture Capital Fund | $497M | 374 | $2.0M | 1% | yes | |
| Aug 19, 2024 | Venture Capital Fund | $497M | 374 | $2.0M | 1% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- General Partner Mayfield Xvi Management, L.L.C. Promoter
- Navin Chaddha 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 |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2021 | $30.0M | $26.7M | $0 | $43.3M | 18.6% | 1.6x | Mar 31, 2026 |
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
- Mar 31, 2026OPERF reports Mayfield XVI: $30,000,000 committed, vintage 2021, net IRR 18.6%, 1.62xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 31, 2026OPERF reports Mayfield XVI: $30,000,000 committed, vintage 2021, net IRR 18.6%, 1.62xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 9, 2021Mayfield Xvi, L.P. first reported on Form ADV by Mayfield Fund, L.L.C., a Delaware Limited Liability Company (Venture Capital Fund), GAV $475,000,000Fund 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)
- Mar 16, 2020Mayfield Xvi, a Delaware Limited Partnership filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2484 SAND HILL ROAD, MENLO PARK, CA, 94025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2484 SAND HILL ROAD, MENLO PARK, CA, 94025 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Mar 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)