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 / Mercury Fund V, LP

Mercury Fund V, LP

Active deploymentUnknownFundADV: Venture Capital FundMercury FundDelaware
Amounts, each with its basis
Vintage
2022basis: 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
$150Mwhat may be sold, not what was raised; file 021-433692, sworn by the adviser or filed under this vehicle
Form D sold
$128Mas of the filing of Mar 10, 2023, 119 investors
First sale
Feb 16, 2022
Reported GAV
$93.6Mon the Form ADV filed Mar 11, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
135
Reported on ADV
Mar 23, 2023 to Mar 11, 2024
Fundraising evidence
Unknown
latest Form D 2023-03-10, older than 15 months (fr-1)
evidence dated Mar 10, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-02-16vintage year: $2,022adv gav as of: 2024-03-11vintage basis: form_d_first_saleform d sold usd: $128Mform d offering usd: $150Mform d latest filed at: 2023-03-10
The fund's own reporting through time
2 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 23, 2023Venture Capital Fund$33.5M
118$100,0001%yes
Mar 11, 2024Venture Capital Fund$93.6M
135$100,0002%yes
Principals and agents
3 principals on Form D, 2 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
3 events
  1. Mar 23, 2023
    Mercury Fund V, LP first reported on Form ADV by Mercury Fund (Venture Capital Fund), GAV $33,488,234
    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. Mar 10, 2023
    Mercury Fund V, L.P. filed Form D/A: $127,869,618 sold of $150,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Feb 15, 2022
    Mercury Fund V, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle