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 / Charles River Partnership Xv, LP

Charles River Partnership Xv, LP

HarvestClosed to new capitalFundADV: Venture Capital FundCRV, LLC

Amounts, each with its basis

Vintage: 2012basis: 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: $375Mwhat 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 general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-174425
Form D sold: $375Mas of the filing of Mar 6, 2012, 55 investors
First sale: Feb 22, 2012
Reported GAV: $272Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV): 36
Reported on ADV: Mar 28, 2013 to Mar 28, 2024

Fundraising evidence

Closed to new capital

Form D filed or amended 2012-03-06: the stated $375.0M offering reported fully sold (fr-1)

evidence dated Mar 6, 2012. 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: 14first sale: 2012-02-22vintage year: $2,012adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $375Mform d offering usd: $375Mform d latest filed at: 2012-03-06

The fund's own reporting through time

25 Form ADV filings

Filed	Type	Gross asset value	Owners	Min. investment	Adviser-owned	Audit
Mar 28, 2013	Venture Capital Fund	$373M	38	$1.0M	1%	yes
Dec 23, 2013	Venture Capital Fund	$373M	38	$1.0M	1%	yes
Mar 31, 2014	Venture Capital Fund	$377M	38	$1.0M	1%	yes
May 30, 2014	Venture Capital Fund	$377M	38	$1.0M	1%	yes
Dec 4, 2014	Venture Capital Fund	$377M	38	$1.0M	1%	yes
Mar 30, 2015	Venture Capital Fund	$426M	38	$1.0M	1%	yes
Nov 10, 2015	Venture Capital Fund	$426M	38	$1.0M	1%	yes
Mar 30, 2016	Venture Capital Fund	$597M	38	$1.0M	1%	yes
May 9, 2016	Venture Capital Fund	$597M	38	$1.0M	1%	yes
Mar 30, 2017	Venture Capital Fund	$572M	38	$1.0M	1%	yes
Apr 5, 2017	Venture Capital Fund	$572M	38	$1.0M	1%	yes
Jul 17, 2017	Venture Capital Fund	$572M	38	$1.0M	1%	yes
Mar 29, 2018	Venture Capital Fund	$593M	37	$1.0M	1%	yes
Apr 13, 2018	Venture Capital Fund	$633M	37	$1.0M	1%	yes
May 9, 2018	Venture Capital Fund	$633M	37	$1.0M	1%	yes
Oct 22, 2018	Venture Capital Fund	$633M	37	$1.0M	1%	yes
Dec 4, 2018	Venture Capital Fund	$633M	37	$1.0M	1%	yes
Apr 1, 2019	Venture Capital Fund	$700M	37	$1.0M	1%	yes
May 3, 2019	Venture Capital Fund	$700M	37	$1.0M	1%	yes
May 10, 2019	Venture Capital Fund	$700M	37	$1.0M	1%	yes
Mar 23, 2020	Venture Capital Fund	$760M	40	$1.0M	1%	yes
Mar 31, 2021	Venture Capital Fund	$1.7B	40	$1.0M	1%	yes
Mar 17, 2022	Venture Capital Fund	$1.0B	37	$500,000	1%	yes
Mar 20, 2023	Venture Capital Fund	$317M	37	$500,000	1%	yes
Mar 28, 2024	Venture Capital Fund	$272M	36	$500,000	1%	yes

Principals and agents

7 principals on Form D, 0 placement agents

Devdutt Yellurkar Promoter
George Zachary Promoter
Charles River XV GP, LLC Promoter
Izhar Armony Promoter
Bruce Sachs Promoter
JON Auerbach Promoter
Saar Gur Promoter

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

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 28, 2013
Charles River Partnership Xv, LP first reported on Form ADV by Charles River Ventures, LLC (Venture Capital Fund), GAV $372,924,485
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)
Mar 6, 2012
Charles River Partnership XV, LP filed Form D: $375,000,000 sold of $375,000,000, Venture Capital Fund
Form D filed Fact SEC EDGAR Form D data sets (quarterly)

Evidence

16 observations

Every observation on this vehicle

Entity type: Limited Partnership Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Form D fund type: Venture Capital Fund Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Form D industry group: Pooled Investment Fund Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Amendment: false Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Revenue range (Form D): Decline to Disclose Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Incorporated: withinFiveYears Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Jurisdiction: DELAWARE Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Amount sold (Form D): $375M Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Offering amount (Form D): $375M Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Exemptions: 06, 3C, 3C.7 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
First sale: 2012-02-22 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Investors (Form D): 55 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Minimum investment (Form D): 500,000 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Securities offered: pooled Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Office address: c/o Charles River Ventures, LLC, One Broadway, 15th Floor, CAMBRIDGE, MA, 02142 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)
Year of incorporation: 2012 Mar 6, 2012 Fact SEC EDGAR Form D data sets (quarterly)