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
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 9, 2021Venture Capital Fund$475M
373$2.0M1%yes
Mar 9, 2022Venture Capital Fund$480M
373$2.0M1%yes
Feb 27, 2023Venture Capital Fund$476M
374$2.0M1%yes
Feb 28, 2024Venture Capital Fund$497M
374$2.0M1%yes
Apr 5, 2024Venture Capital Fund$497M
374$2.0M1%yes
Aug 19, 2024Venture Capital Fund$497M
374$2.0M1%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
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Oregon Public Employees Retirement Fund oregon.gov2021$30.0M$26.7M$0$43.3M18.6%1.6xMar 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
  1. Mar 31, 2026
    OPERF reports Mayfield XVI: $30,000,000 committed, vintage 2021, net IRR 18.6%, 1.62x
  2. Mar 31, 2026
    OPERF reports Mayfield XVI: $30,000,000 committed, vintage 2021, net IRR 18.6%, 1.62x
  3. Mar 9, 2021
    Mayfield Xvi, L.P. first reported on Form ADV by Mayfield Fund, L.L.C., a Delaware Limited Liability Company (Venture Capital Fund), GAV $475,000,000
  4. Mar 16, 2020
    Mayfield Xvi, a Delaware Limited Partnership filed Form D: no sales yet (indefinite offering), Venture Capital Fund
Evidence
30 observations
Every observation on this vehicle