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 / CRV Xviii, LP
CRV Xviii, LP
Amounts, each with its basis
- Vintage
- 2020basis: 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
- $600Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the adviser itself named on the filing, the general partner the adviser swears for this fund, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-371229
- Form D sold
- $600Mas of the filing of Jul 16, 2020, 61 investors
- First sale
- Jul 2, 2020
- Reported GAV
- $657Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 41
- Reported on ADV
- Mar 31, 2021 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-07-16: the stated $600.0M offering reported fully sold (fr-1)
evidence dated Jul 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: 6first sale: 2020-07-02vintage year: $2,020adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $600Mform d offering usd: $600Mform d latest filed at: 2020-07-16
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $620M | 50 | $1.0M | 3% | no | |
| Mar 17, 2022 | Venture Capital Fund | $683M | 41 | $350,000 | 3% | no | |
| Mar 20, 2023 | Venture Capital Fund | $688M | 41 | $350,000 | 3% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $657M | 41 | $350,000 | 3% | yes |
Principals and agents
7 principals on Form D, 0 placement agents
- CRV Xviii GP, LLC Promoter
- JON Auerbach Executive Officer
- George Zachary Executive Officer
- Saar Gur Executive Officer
- Murat Bicer Executive Officer
- Izhar Armony Executive Officer
- MAX Gazor Executive Officer
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
- Mar 31, 2021CRV Xviii, LP first reported on Form ADV by CRV, LLC (Venture Capital Fund), GAV $619,750,000Fund 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)
- Jul 16, 2020CRV Xviii, LP filed Form D: $600,000,000 sold of $600,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $600M Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $600M Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-07-02 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 61 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 500,000 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 300 HAMILTON AVE, 3RD FLOOR, PALO ALTO, CA, 94301 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jul 16, 2020 Fact SEC EDGAR Form D data sets (quarterly)