New venture funds filed in April 2024
123 new venture funds and 370 SPVs filed their first Form D with the SEC in April 2024, with $5.94B in total target capital across the 89 funds that stated a size. The largest was YCP24, L.P. (YCP24) at $1.1B; California led with 47 new funds; the most common sponsor sectors were AI & ML (24), Healthcare (14) and Climate & Energy (10). New fund filings were up 6% from March 2024 (116).
Updated from SEC Form D filings · How we count · Methodology
- New funds
- 123
- 116 in March
- New SPVs
- 370
- 246 in March
- Target capital
- $5.94B
- across 89 funds with a stated size
- Median fund
- $25M
- offering size
- Largest fund
- $1.1B
- YCP24
- Sponsoring firms
- 111
- most in California
What was the largest venture fund filed in April 2024?
YCP24, L.P., sponsored by YCP24 (CA), with a $1.1B offering, first filed on Apr 9, 2024. The next largest was Yc ESP24, L.P. (Yc ESP24) at $422M.
Which states had the most new venture funds in April 2024?
California (47), Massachusetts (15), New York (13), Washington (12) and Florida (7), counted by the sponsoring firm's home state. California's new funds target $3.87B in total.
What sectors do the firms behind April's new funds invest in?
AI & ML (24), Healthcare (14), Climate & Energy (10), Space (9) and B2B Software (9) lead, by the sectors each sponsoring firm backs. 67 of the 123 funds come from firms with no sector on record yet.
How many SPVs were filed in April 2024?
370 new SPVs and other deal vehicles filed a first Form D in April 2024, against 123 new funds. SPVs are single-deal or co-investment vehicles and are counted separately from funds.
How does April 2024 compare with March 2024?
123 new funds against 116 (+6%), 370 SPVs against 246, and $5.94B of target capital against $5.39B.
Every new venture fund in April 2024
123 funds, largest first. Size is the total offering amount on the fund’s latest Form D; “—” means the filing gives no amount (often an indefinite offering).
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| YCP24 | YCP24, L.P. | $1.1B | CA | SEC filing | |
| Yc ESP24 | Yc ESP24, L.P. | $422M | CA | SEC filing | |
| Global Health Security | Global Health Security Fund, L.P. | $273M | NY | SEC filing | |
| HighVista Venture Capital | HighVista Venture Capital XIV, LP | $270M | MA | SEC filing | |
| Bay Bridge Ventures Climate | Bay Bridge Ventures Climate Fund, LP | $200M | CA | SEC filing | |
| Regeneration.VC | Regeneration.vc Fund 2, LP | $200M | CA | SEC filing | |
| Infinity VC | Infinity VC Fund II, L.P. | $184M | CA | SEC filing | |
| Afore Capital | Afore Capital IV, L.P. | $175M | CA | SEC filing | |
| Susa Ventures | Susa Ventures V, L.P. | $175M | CA | SEC filing | |
| Y Combinator | Y Combinator ES24, LLC | $153M | CA | SEC filing | |
| Signalfire | SignalFire Eureka Fund, L.P. | $150M | CA | SEC filing | |
| Rethink Education | Rethink Education IV, LP | $150M | NY | SEC filing | |
| K5 Tech | K5 Tech Fund I, LP - Ventures III | $150M | FL | SEC filing | |
| Asymmetric Capital Partners | Asymmetric Capital Partners II, LP | $125M | MA | SEC filing | |
| Acero Capital | Acero Capital II, L.P. | $125M | CA | SEC filing | |
| Torch Capital | Torch Capital III, L.P. | $125M | NY | SEC filing | |
| VamosVentures | VamosVentures Fund II, L.P. | $100M | CA | SEC filing | |
| Audere Capital | Audere Capital Fund I, L.P. | $100M | CT | SEC filing | |
| MW LSVC Anthropic | MW LSVC Anthropic, LLC | $75M | CA | SEC filing | |
| Granite Hill | Granite Hill Opportunities Fund III, L.P. | $75M | CA | SEC filing | |
| Crosscut | Crosscut 6, L.P. | $75M | CA | SEC filing | |
| WestWave Capital | WestWave Capital III, L.P. | $75M | CA | SEC filing | |
| Cerberus Ventures | Cerberus Ventures One, L.P. | $74.7M | NY | SEC filing | |
| HawkTower Ventures | HawkTower Ventures, LP | $74M | CA | SEC filing | |
| Rt-Ai | Rt-Ai I LLC | $70.5M | FL | SEC filing | |
| Boston Seed Capital | Boston Seed Capital Fund V, L.P. | $60M | MA | SEC filing | |
| ScOp Venture | ScOp Venture Fund II, LP | $56.3M | CA | SEC filing | |
| Linse Capital | Linse Capital Space II LLC | $52.9M | PR | SEC filing | |
| Energy Capital Ventures | Energy Capital Ventures Fund II, L.P. | $51M | IL | SEC filing | |
| Alante Capital Investment | Alante Capital Investment Fund II, LP | $50M | CA | SEC filing | |
| FoundersX Growth | FoundersX Growth D, L.P. | $50M | CA | SEC filing | |
| DBL Partners YBJ | DBL Partners YBJ 2024, L.P. | $50M | CA | SEC filing | |
| Chapter | Chapter One, Page Three, L.P. | $50M | CA | SEC filing | |
| Firebrand Ventures | Firebrand Ventures III, LP | $40M | KS | SEC filing | |
| Wing | Wing Strategic Partners Four, L.P. | $40M | CA | SEC filing | |
| Dental Innovation Alliance VC | Dental Innovation Alliance VC Fund I, LP | $36.6M | NC | SEC filing | |
| Ponderosa Ventures | Ponderosa Ventures Fund II, LP | $30.4M | CA | SEC filing | |
| Flare Capital Select Strategies | Flare Capital Select Strategies I, L.P. | $30M | MA | SEC filing | |
| Acquired Capital | Acquired Capital Fund I LP | $30M | WA | SEC filing | |
| Tamarack Global | Tamarack Figure II, LP | $28.5M | CT | SEC filing | |
| Hawktail | Hawktail II, L.P. | $27.7M | CA | SEC filing | |
| Gatsby | Gatsby Falcon A, LP | $25.5M | TX | SEC filing | |
| Upfront | Upfront Secondary II, L.P. | $25M | CA | SEC filing | |
| Conway | Conway Opportunities Fund 2024, L.P. | $25M | NY | SEC filing | |
| Capital Eleven Venture | Capital Eleven Venture Fund II LP | $25M | ID | SEC filing | |
| Theory Forge Ventures | Theory Forge Ventures, L.P. | $25M | CA | SEC filing | |
| Chapter | Chapter One, Page Three Frontier, L.P. | $25M | CA | SEC filing | |
| NYX Ventures Partners | NYX Ventures Partners I LP | $25M | DE | SEC filing | |
| SilverArc Private | SilverArc Private Fund I, LP | $22M | MA | SEC filing | |
| Channel Equity | Channel Equity Partners I, LP | $20M | CA | SEC filing | |
| Springhood Child Health Ventures | Springhood Child Health Ventures Fund I, L.P. | $20M | MA | SEC filing | |
| Ravikant Capital | Ravikant Capital, LP - E2 | $18.4M | WA | SEC filing | |
| CSP Diameter | CSP Diameter Access Fund, LP | $16.6M | NY | SEC filing | |
| Spark Capital | Spark Capital Growth Founders' Fund V, L.P. | $15.6M | MA | SEC filing | |
| Tamarack Moxion | Tamarack Moxion IV, LP | $15.3M | CT | SEC filing | |
| BOLD | BOLD Ai-H, LP | $15M | CA | SEC filing | |
| Wonder | Wonder Fund V LLC | $15M | WA | SEC filing | |
| Also Capital | Also Capital II, LP | $14.3M | NY | SEC filing | |
| Advaita Capital | Advaita Capital Endurance Fund I LP | $14.1M | MA | SEC filing | |
| Druid Ventures | Druid Ventures Fund I LP | $12.9M | FL | SEC filing | |
| Cupola | Cupola Trideca Ventures LLLP | $12.8M | CO | SEC filing | |
| KittyHawk Ventures | KittyHawk Ventures IV, LP | $10.2M | CA | SEC filing | |
| OurCrowd | OurCrowd (Investment in SCIV) L.P. | $10M | L3 | SEC filing | |
| OurCrowd | OurCrowd (Investment in DAF VII) L.P. | $10M | L3 | SEC filing | |
| Jolly VC | Jolly VC Fund I, LP | $10M | CA | SEC filing | |
| Tonic Ventures | Tonic Ventures Fund I, LP | $10M | IL | SEC filing | |
| Lionheart | Lionheart AI I, L.P. | $9.82M | CA | SEC filing | |
| Hartmann Metaverse Ventures | Hartmann Metaverse Ventures II, LP | $8.16M | FL | SEC filing | |
| Spark Capital | Spark Capital Founders' Fund VIII, L.P. | $7.78M | MA | SEC filing | |
| Peer VC | Peer VC, LP - D1 | $7.62M | WA | SEC filing | |
| OurCrowd | OurCrowd (Investment in Or) L.P. | $7.46M | L3 | SEC filing | |
| V0 Fund 4.1.1 | V0 Fund 4.1.1, LP | $6.3M | CA | SEC filing | |
| Hivemind | Hivemind Futureplay II, LLC | $6.15M | NY | SEC filing | |
| Balaji | Balaji Rolling Fund, LP - B2 | $5.64M | WA | SEC filing | |
| Jibe Ventures | Jibe Ventures, LP - D2 | $5.47M | WA | SEC filing | |
| SHL Capital | SHL Capital, LP - D4 | $5.39M | WA | SEC filing | |
| Advaita Capital | Advaita Capital Fund II LP | $5.14M | MA | SEC filing | |
| Emergent Ventures | Emergent Ventures Opportunity FUND Ii-B, LP | $5M | CA | SEC filing | |
| LGVP | LGVP LY, LLC Series 2 | $5M | NY | SEC filing | |
| BonBillo Ventures | BonBillo Ventures Fund II, L.P. | $5M | WA | SEC filing | |
| First Avenue Ventures | First Avenue Ventures Opportunity Fund LP | $5M | AL | SEC filing | |
| Grove | Grove Fund I, L.P. | $5M | CA | SEC filing | |
| Alter VC | Alter VC Fund, LP - C3 | $4.93M | WA | SEC filing | |
| PS27 Titan | PS27 Titan Fund, LP | $4.5M | FL | SEC filing | |
| Masad Capital | Masad Capital, LP - B2 | $3.41M | WA | SEC filing | |
| Investination | Investination LP Series F | $3M | NY | SEC filing | |
| B'More Venture Studio | B'More Venture Studio I, L.P. | $3M | MD | SEC filing | |
| Embedded Ventures | Embedded Ventures 2023-II LLC | $3M | CA | SEC filing | |
| Wonder | Wonder Fund IV-A LLC | $3M | WA | SEC filing | |
| Authentic | Authentic Strategic Partners 12, LLC | — | CA | SEC filing | |
| Canaan | Canaan XIII Healthcare Fund L.P. | — | CT | SEC filing | |
| Brave Capital | Brave Capital, LP | — | CA | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Deepwhale III LLC | — | CT | SEC filing | |
| Anthropy Partners | Anthropy Partners Fund I, LP | — | WA | SEC filing | |
| AvAir Investments | AvAir Investments, LLC | — | DE | SEC filing | |
| Czar ThoughtSpot Investment | Czar ThoughtSpot Investment LLC | — | DE | SEC filing | |
| IFG Capital SP1 | IFG Capital SP1 LP | — | DE | SEC filing | |
| Inertia Ventures | Inertia Ventures Fund I, LP | — | NY | SEC filing | |
| XYZ Venture Capital | Mills Longevity Center by XYZ, LLC | — | CA | SEC filing | |
| OSC Venture | OSC Venture Fund LP | — | NC | SEC filing | |
| Trouvaille Insurance | Trouvaille Insurance Access LLC | — | DE | SEC filing | |
| Unreasonable Someone Somewhere | Unreasonable Someone Somewhere LLC | — | CO | SEC filing | |
| AH American Dynamism | AH American Dynamism Fund I, L.P. | — | CA | SEC filing | |
| AH Games | AH Games Fund II, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz Fund IX - AI Applications, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz Fund IX - AI Infrastructure, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz LSV Fund IV, L.P. | — | CA | SEC filing | |
| Topology Ventures | Topology Ventures Community Fund I LP | — | FL | SEC filing | |
| Topology Ventures | Topology Ventures Fund I LP | — | FL | SEC filing | |
| AV Arbor Street Ventures | AV Arbor Street Ventures Fund 3, LLC | — | MA | SEC filing | |
| AV Foundation | AV Foundation Fund June 2024, LLC | — | MA | SEC filing | |
| Suttona | Suttona Holdings VII LLC | — | NY | SEC filing | |
| Spero | Spero FUND II, LP | — | CA | SEC filing | |
| Advaita Capital | Advaita Capital Fund IV LP | — | MA | SEC filing | |
| REDO Mist | REDO Mist Holdings LP | — | NY | SEC filing | |
| Workshop | Workshop Fund 2, L.P. | — | CA | SEC filing | |
| Cambium Capital Cypress | Cambium Capital Cypress LP | — | MD | SEC filing | |
| FC Grok | FC Grok, LP | — | MA | SEC filing | |
| Ineffable Ventures | Ineffable Ventures CargoSeer LLC | — | CT | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Leal LLC | — | CT | SEC filing | |
| Creci Ventures | Creci Ventures Fund I, LP | — | TX | SEC filing | |
| AV Mirror Lake Ventures | AV Mirror Lake Ventures Fund 2, LLC | — | MA | SEC filing | |
| General Partnership | General Partnership II, LP | — | CA | SEC filing |
New funds by state
By the sponsoring firm’s home state.
| State | New funds | SPVs | Fund target |
|---|---|---|---|
| California | 47 | 43 | $3.87B |
| Massachusetts | 15 | 4 | $569M |
| New York | 13 | 16 | $692M |
| Washington | 12 | 189 | $104M |
| Florida | 7 | 10 | $246M |
| Connecticut | 7 | 0 | $144M |
| Delaware | 5 | 46 | $25M |
| North Carolina | 2 | 17 | $36.6M |
| Texas | 2 | 7 | $25.5M |
| Colorado | 2 | 1 | $12.8M |
| Illinois | 2 | 1 | $61M |
| Maryland | 2 | 0 | $3M |
| Alabama | 1 | 0 | $5M |
| Idaho | 1 | 0 | $25M |
| Kansas | 1 | 0 | $40M |
New funds by sector
By the sectors the sponsoring firm backs; a fund counts in each. 67 funds’ firms have no sector on record.
| Sector | New funds | SPVs | Fund target |
|---|---|---|---|
| AI & ML | 24 | 68 | $624M |
| Healthcare | 14 | 44 | $721M |
| Climate & Energy | 10 | 38 | $564M |
| Space | 9 | 37 | $544M |
| B2B Software | 9 | 32 | $577M |
| Deep Tech | 9 | 28 | $312M |
| Biotech & Pharma | 9 | 16 | $445M |
| Media, Gaming & Creator | 8 | 27 | $239M |
| Cybersecurity | 7 | 8 | $340M |
| Consumer | 6 | 14 | $317M |
| Developer Tools | 5 | 10 | $159M |
| Fintech | 3 | 20 | $152M |
| Industrial & Manufacturing | 3 | 4 | $281M |
| Real Estate & PropTech | 2 | 8 | $105M |
| Mobility & Logistics | 1 | 70 | $28.5M |
New SPVs and deal vehicles in April 2024
The 50 largest of 370; each sponsor’s profile lists the rest of its deal vehicles.
Show the 50 largest SPVs
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| HighVista Venture Capital | HighVista Venture Capital XIV (Offshore), LP | $270M | MA | SEC filing | |
| Type One | T1V Triton 1-2, a series of Type One Ventures Master Syndicate LLC | $25M | CA | SEC filing | |
| OpenAI Startup | OpenAI Startup Fund SPV II, L.P. | $25M | CA | SEC filing | |
| GC Co-Invest Co.AI | GC Co-Invest Co.AI, L.P. | $11M | NY | SEC filing | |
| Capital Factory | AP-0213 Fund IV, a series of Capital Factory, LP | $10.4M | WA | SEC filing | |
| Shrug | SHRUG OPPORTUNITIES II - Feastables, LP | $10.2M | NJ | SEC filing | |
| Ventioneers Advised | S241, a series of Ventioneers Advised Funds, LP | $9.67M | TX | SEC filing | |
| Hiive Anthropic | Hiive Anthropic Series II a Series of Hiive Anthropic LLC | $9.16M | DE | SEC filing | |
| Primer Sazze Upstage | Primer Sazze Upstage SPV I, LP | $7.7M | CA | SEC filing | |
| Fundomo Syndicates | GL-1127 Fund I, a series of Fundomo Syndicates, LP | $6.74M | WA | SEC filing | |
| Spring Tide | ZBiotics February 2024 a Series of Spring Tide Master II LLC | $5.57M | DE | SEC filing | |
| Hiive Anthropic | Hiive Anthropic Series I a Series of Hiive Anthropic LLC | $5.34M | DE | SEC filing | |
| Story | viaPhoton Pre Series B-3, a series of Story Ventures Series Investments LLC | $5M | NY | SEC filing | |
| R3i Frontier | R3i Future Fund I a Series of R3i Frontier Master LLC | $5M | DE | SEC filing | |
| Type One | TYPE One Soul Studio 3, a Series of TYPE One Ventures Growth GP LLC | $5M | CA | SEC filing | |
| Overwater Ventures | Overwater Ventures SPV I, L.P. | $4.42M | CA | SEC filing | |
| Rhone VC | Open, a Series of Rhone VC, LP | $3.92M | CA | SEC filing | |
| Fundomo Syndicates | ET-0406 Fund I, a series of Fundomo Syndicates, LP | $3.72M | WA | SEC filing | |
| Redwoods Climate Capital Co- Investment | T1E SPV, a series of Redwoods Climate Capital Co- Investment, LP | $3.5M | CA | SEC filing | |
| Node | CesiumAstro Mar 2024 a Series of Node Master LLC | $3.24M | DE | SEC filing | |
| Valhalla Ventures | K2-0306 Fund I, a series of Valhalla Ventures SPV, LP | $3.21M | FL | SEC filing | |
| Schnitzel Capital AL | OA-0227 Fund VI, a series of Schnitzel Capital AL, LP | $3.04M | WA | SEC filing | |
| Abundance | LT Answer.AI Fund a Series of Abundance Master Fund LLC | $3.04M | NY | SEC filing | |
| Nivesha Ventures | Nivesha Ventures Fund, a Series of Nivesha Ventures Master LLC | $3M | DE | SEC filing | |
| Embedded Ventures | Embedded Ventures 2023-I LLC | $3M | CA | SEC filing | |
| Mines Venture | Mines Venture FUND I, LP | $2.8M | CO | SEC filing | |
| Lucas Venture | Lucas Venture Group XLVI, LLC | $2.75M | CA | SEC filing | |
| V360 | V360 Holdings LLC Series 2305B | $2.67M | NC | SEC filing | |
| Javelin Venture Partners | Javelin Venture Partners SPV IV-I, LLC | $2.67M | CA | SEC filing | |
| GSBackers Kasa | GSBackers Kasa Fund I a Series of CGF2021 LLC | $2.62M | DE | SEC filing | |
| V360 | V360 Holdings LLC Series 2302B | $2.61M | NC | SEC filing | |
| Nelstone Ventures | AL-0226 Fund II, a series of Nelstone Ventures, LP | $2.52M | WA | SEC filing | |
| Rich Aberman | W24, a series of Rich Aberman Funds, LP | $2.5M | WA | SEC filing | |
| Lucas Venture | Lucas Venture Group XLV, LLC | $2.5M | CA | SEC filing | |
| Silent Capital | Silent Capital IX, a Series of Silent Capital Holdings, LP | $2.47M | WA | SEC filing | |
| GRCF2 Nectar | GRCF2 Nectar SPV1, L.P. | $2.3M | CA | SEC filing | |
| Niya Partners | Niya Partners B, LLC | $2.3M | DE | SEC filing | |
| Kamal Ravikant Capital | Kamal Ravikant Capital, LP - D3 | $2.24M | WA | SEC filing | |
| AV Frog Data | AV Frog Data, LLC | $2.16M | MI | SEC filing | |
| MGI Investments | MGI Investments, LP - Series 27 | $2.14M | NY | SEC filing | |
| OV Torus | OV Torus SPV 2024, LLC | $2.13M | IL | SEC filing | |
| GRCF2 ZBiotics | GRCF2 ZBiotics SPV2 LP | $2.1M | CA | SEC filing | |
| Angel Collective | Angel Collective Opportunity Fund, LP - D2 | $2.01M | WA | SEC filing | |
| AVSF | AVSF - Eliyan 2024, LLC | $2M | NH | SEC filing | |
| Forte | Forte Gradient LLC | $2M | GA | SEC filing | |
| V360 | V360 Holdings LLC Series 2308B | $1.95M | NC | SEC filing | |
| Unpopular | Unpopular Ventures Preferred, LP - D2 | $1.93M | WA | SEC filing | |
| Modi Ventures | Modi Ventures I SPV, LLC | $1.9M | TX | SEC filing | |
| Preston-Werner Ventures | Preston-Werner Ventures Rolling Fund, LP - B2 | $1.84M | WA | SEC filing | |
| Laird Ventures | Fund II, a series of Laird Ventures, LP | $1.78M | UT | SEC filing |
How we count
A new fund is a pooled investment vehicle that a US issuer marked “Venture Capital Fund” on SEC Form D, whose first original Form D notice (amendments don’t count) is dated in April 2024. Each one is attributed to the firm that sponsors it. A fund is counted once, in the month it first filed, however many amendments follow. Parallel and feeder vehicles that file separately are counted separately.
SPVs are single-deal, co-investment, sidecar and syndicate vehicles, series of a master fund, and offerings under $3M; they are counted apart from funds. Target capital is the sum of the total offering amounts on each fund’s latest Form D, for funds that state one; it is what the fund is raising, not what has closed. State and sector come from the sponsoring firm’s profile.
Form D filings can arrive late, so recent months can grow after a data rebuild. Months are published once they have at least 10 new funds. The data covers the last 15 quarters of the SEC’s Form D data sets. Full sources and field definitions are in the methodology.