New venture funds filed in October 2024
120 new venture funds and 254 SPVs filed their first Form D with the SEC in October 2024, with $8.33B in total target capital across the 79 funds that stated a size. The largest was SR One Capital Fund III, LP (SR One Capital) at $600M; California led with 41 new funds; the most common sponsor sectors were AI & ML (26), B2B Software (21) and Healthcare (12). New fund filings were up 25% from September 2024 (96).
Updated from SEC Form D filings · How we count · Methodology
- New funds
- 120
- 96 in September
- New SPVs
- 254
- 229 in September
- Target capital
- $8.33B
- across 79 funds with a stated size
- Median fund
- $50M
- offering size
- Largest fund
- $600M
- SR One Capital
- Sponsoring firms
- 107
- most in California
What was the largest venture fund filed in October 2024?
SR One Capital Fund III, LP, sponsored by SR One Capital (CA), with a $600M offering, first filed on Oct 11, 2024. The next largest was Activate Capital Partners III, LP (Activate Capital Partners) at $500M.
Which states had the most new venture funds in October 2024?
California (41), New York (23), Washington (9), Delaware (9) and Florida (9), counted by the sponsoring firm's home state. California's new funds target $4.45B in total.
What sectors do the firms behind October's new funds invest in?
AI & ML (26), B2B Software (21), Healthcare (12), Fintech (9) and Biotech & Pharma (8) lead, by the sectors each sponsoring firm backs. 62 of the 120 funds come from firms with no sector on record yet.
How many SPVs were filed in October 2024?
254 new SPVs and other deal vehicles filed a first Form D in October 2024, against 120 new funds. SPVs are single-deal or co-investment vehicles and are counted separately from funds.
How does October 2024 compare with September 2024?
120 new funds against 96 (+25%), 254 SPVs against 229, and $8.33B of target capital against $4.32B.
Every new venture fund in October 2024
120 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 |
|---|---|---|---|---|---|
| SR One Capital | SR One Capital Fund III, LP | $600M | CA | SEC filing | |
| Activate Capital Partners | Activate Capital Partners III, LP | $500M | CA | SEC filing | |
| Razor's Edge | Razor's Edge Fund IV, LP | $500M | VA | SEC filing | |
| Altos | Altos Hybrid 6, L.P. | $500M | CA | SEC filing | |
| Dimension Capital | Dimension Capital II, L.P. | $500M | FL | SEC filing | |
| Theory Ventures | Theory Ventures II, L.P. | $450M | CA | SEC filing | |
| Khosla Ventures | Khosla Ventures OAI, LLC | $405M | CA | SEC filing | |
| Strategic | Strategic Investors Fund XII, L.P. | $374M | MA | SEC filing | |
| Chemistry Ventures | Chemistry Ventures Fund I, L.P. | $355M | CA | SEC filing | |
| JSC Capital Partners | JSC Capital Partners, L.P. | $326M | NY | SEC filing | |
| Interlagos | Interlagos Fund I, LP | $300M | CA | SEC filing | |
| Nextech | Nextech VIII SCSP | $298M | N4 | SEC filing | |
| Maxq | Maxq Fund I LP | $250M | CA | SEC filing | |
| Buckley | Buckley Ventures IV, LP | $250M | CA | SEC filing | |
| Picture Capital | Picture Capital Opportunity Fund I, L.P. | $200M | NJ | SEC filing | |
| Benchmark | Benchmark Partners Founders' Fund 1, L.P. | $165M | WA | SEC filing | |
| Riot Ventures | Riot Ventures Fund III, L.P. | $160M | CA | SEC filing | |
| Reef Pass | Reef Pass Investors, LP | $125M | CT | SEC filing | |
| Mamba Growth | Mamba Growth Fund I, L.P. | $103M | CT | SEC filing | |
| Collab Sustainable Solutions | Collab Sustainable Solutions II, L.P. | $100M | NY | SEC filing | |
| Inspiration | Inspiration Ventures 4, L.P. | $100M | CA | SEC filing | |
| Joule | Joule Ventures V-A, L.P. | $100M | NY | SEC filing | |
| Saluda Grade Alternative Lending & Fintech Growth | Saluda Grade Alternative Lending & Fintech Growth Fund III LP | $100M | NY | SEC filing | |
| U.S. Venture Partners | U.S. Venture Partners Select Fund I, L.P. | $100M | CA | SEC filing | |
| Hyperplane | Hyperplane IV, LP | $100M | MA | SEC filing | |
| Stardust | Stardust Fund I, LP | $80M | CA | SEC filing | |
| Ardent | Ardent Venture Fund II, LP | $75M | DC | SEC filing | |
| Listen Ventures | Listen Ventures IV, LP | $75M | IL | SEC filing | |
| HOF Capital | HOF Capital AZ Growth, LLC | $65M | NY | SEC filing | |
| Penny Jar Capital Venture | Penny Jar Capital Venture Fund II, LP | $51.5M | CA | SEC filing | |
| Perplexity F7 | Perplexity F7 Fund I LP | $50M | CA | SEC filing | |
| Axiom Partners | Axiom Partners I, LP | $50M | CA | SEC filing | |
| Story | Story Data III, L.P. | $50M | NY | SEC filing | |
| Texas Venture Partners Israel | Texas Venture Partners Israel Opportunities Fund I, LP | $50M | TX | SEC filing | |
| Fortify Ventures | Fortify Ventures Fund II, LP | $50M | VA | SEC filing | |
| Cota | Cota Enterprise Opportunities Fund I, L.P. | $50M | CA | SEC filing | |
| Gravity | Gravity Fund II LP | $50M | MN | SEC filing | |
| Dent Capital | Dent Capital Fund I LP | $50M | CA | SEC filing | |
| Bungalow Capital | Bungalow Capital Fund 3, LP | $50M | CA | SEC filing | |
| Tomahawke II Capital Partners | Tomahawke II Capital Partners, L.P. | $50M | TX | SEC filing | |
| Colter | Colter II, LLC | $43M | IL | SEC filing | |
| BGW Ventures | BGW Ventures IV, LP | $40M | MI | SEC filing | |
| RT-AQ | RT-AQ I LLC | $37.3M | FL | SEC filing | |
| humbition | humbition II, LLC | $37.1M | FL | SEC filing | |
| SciFounders | SciFounders II, LP | $35M | CA | SEC filing | |
| Burnt Island Ventures | Burnt Island Ventures Opportunity Fund I, LP | $26.8M | NY | SEC filing | |
| Lucius Partners | Lucius Partners Opportunity Fund, LP | $20M | NY | SEC filing | |
| Pathbreaker Ventures | Pathbreaker Ventures Fund III, L.P. | $18.4M | CA | SEC filing | |
| Aina Climate AI Ventures | Aina Climate AI Ventures I, L.P. | $17M | CA | SEC filing | |
| Ravikant Capital | Ravikant Capital, LP - E4 | $16.3M | WA | SEC filing | |
| RT-AQ | RT-AQ II LLC | $16.1M | FL | SEC filing | |
| Highbury | Highbury Holdings XVI, LP | $15M | WA | SEC filing | |
| BOC Ventures | BOC Ventures XIX, LP | $14.1M | NY | SEC filing | |
| NV SandboxAQ Series E QP Partners | NV SandboxAQ Series E QP Partners LLC | $12.6M | FL | SEC filing | |
| Zigg | Zigg CR Opportunity II, LLC | $12.4M | NY | SEC filing | |
| Gennvc | Gennvc I, L.P. | $12M | CA | SEC filing | |
| BOC Ventures | BOC Ventures XV, LP | $11.6M | NY | SEC filing | |
| BOC Ventures | BOC Ventures XXI, LP | $11.3M | NY | SEC filing | |
| HOF Capital | HOF Capital AP Growth, LLC | $10.1M | NY | SEC filing | |
| Treasure Coast Ventures | Treasure Coast Ventures Fund I, LP | $10M | FL | SEC filing | |
| Intrepid Oregon | Intrepid Oregon Fund I, LP | $10M | OR | SEC filing | |
| Rodeo Growth Partners | Rodeo Growth Partners LP | $10M | CA | SEC filing | |
| Attom Capital | Attom Capital FUND I LP | $8.52M | TX | SEC filing | |
| AV Growth MGI | AV Growth MGI II LLC | $7.07M | NY | SEC filing | |
| Logos | Logos Fund I LP | $6.75M | CA | SEC filing | |
| Peer VC | Peer VC, LP - D3 | $6.06M | WA | SEC filing | |
| BBG Ventures | BBG Ventures IV-I, L.P. | $6.06M | NY | SEC filing | |
| PCO | PCO 2024 Feeder Fund II-QP, LLC | $5.6M | FL | SEC filing | |
| Nodenza Venture Partners | Nodenza Venture Partners I, L.P. | $5.3M | NY | SEC filing | |
| Davidovs Venture Capital | Davidovs Venture Capital, LP - D1 | $5.17M | WA | SEC filing | |
| Betterway Ventures | Betterway Ventures Fund I, LP | $5M | SC | SEC filing | |
| Autopilot Horizon | Autopilot Horizon IV LLC | $5M | NY | SEC filing | |
| Benchmark | Benchmark Partners Founders' Fund 1-A, L.P. | $5M | WA | SEC filing | |
| Pave Health Ventures | Pave Health Ventures Fund I, LP | $5M | WA | SEC filing | |
| Proximity | Proximity Health I, LLC | $5M | NY | SEC filing | |
| Alter VC | Alter VC Fund, LP - D1 | $4.7M | WA | SEC filing | |
| BOC Ventures | BOC Ventures XVIII, LP | $3.24M | NY | SEC filing | |
| BOC Ventures | BOC Ventures XX, LP | $3.04M | NY | SEC filing | |
| Preston-Werner Ventures | Preston-Werner Ventures Rolling Fund, LP - B4 | $3.02M | WA | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Cyvore II LLC | — | CT | SEC filing | |
| Velveteen Ventures | Velveteen Ventures Fund I, LP | — | IL | SEC filing | |
| LCGF | LCGF I, LP | — | CA | SEC filing | |
| Altcredito, DV | Altcredito, DV LLC | — | DE | SEC filing | |
| AV Stadium Avenue Ventures | AV Stadium Avenue Ventures Fund 3, LLC | — | MA | SEC filing | |
| AV Yoshino Ventures | AV Yoshino Ventures Fund 3, LLC | — | MA | SEC filing | |
| Maniv Mobility | Maniv Mobility Special Opportunities, L.P. (Series 9) | — | NY | SEC filing | |
| Mi-Cap-Ai | Mi-Cap-Ai, LLC | — | DE | SEC filing | |
| Freeflow | Freeflow Iambic, LLC | — | CA | SEC filing | |
| Cheyenne Dazz Partners | Cheyenne Dazz Partners, LLC | — | CA | SEC filing | |
| Cheyenne | Cheyenne Scale Partners, LLC | — | CA | SEC filing | |
| Cloud Health Euroventures | Cloud Health Euroventures Fund I, LP | — | DE | SEC filing | |
| Cyan Ventures | Cyan Ventures Fund I, LP | — | DE | SEC filing | |
| Emergence Capital Partners | Emergence Capital Partners VII, L.P. | — | CA | SEC filing | |
| Epoch Bitcoin | Epoch Bitcoin Fund I, LP | — | CO | SEC filing | |
| TSP WRC | TSP WRC Fund II LLC | — | DE | SEC filing | |
| Vatn CSP | Vatn CSP LLC | — | NY | SEC filing | |
| Modern Technical | Modern Technical Fund LP | — | CA | SEC filing | |
| Outfit Ventures | Outfit Ventures I, LP | — | CA | SEC filing | |
| CHC Venture Partners | CHC Venture Partners, L.P. | — | TX | SEC filing | |
| NORD Eagle Mountain | NORD Eagle Mountain, LLC | — | TX | SEC filing | |
| Top Shelf Ventures | Top Shelf Ventures II, LP | — | FL | SEC filing | |
| BridgeX Ventures | BridgeX Ventures Fund I, LP | — | CA | SEC filing | |
| Brightmind | Brightmind Ventures I LP | — | TX | SEC filing | |
| Covenant AI Singularity | Covenant AI Singularity Fund LP | — | DE | SEC filing | |
| Ellerra | Ellerra Fund I LP | — | CA | SEC filing | |
| FirstMile Ventures | FirstMile Ventures 2024, LP | — | CO | SEC filing | |
| Lock | Lock 8 Fund III LP | — | NY | SEC filing | |
| Penny Jar Capital Venture | Penny Jar Capital Venture Fund II (Collective), LP | — | CA | SEC filing | |
| Alwyn Capital | Alwyn Capital Fund I, LP | — | FL | SEC filing | |
| Avenue Growth Partners | Avenue Growth Partners Fund II LP | — | DC | SEC filing | |
| 1M FDC | 1M FDC LLC | — | DE | SEC filing | |
| Brainstorm Stylus | Brainstorm Stylus, LLC | — | DE | SEC filing | |
| Corriente | Corriente Opportunity Fund II, LP | — | TX | SEC filing | |
| SPV18 | SPV18 LLC | — | DE | SEC filing | |
| Fin Capital | Fin Capital Flagship III, LP | — | CA | SEC filing | |
| Fin Capital | Fin Capital Flagship Offshore III, LP | — | CA | SEC filing | |
| Fin Capital | Fin Capital Horizons III, LP | — | CA | SEC filing | |
| Fin Capital | Fin Capital Horizons III Side Car, LP | — | CA | SEC filing | |
| Fin Capital | Fin Capital Horizons Offshore III, LP | — | CA | SEC filing | |
| Fin Capital | Fin Capital Horizons Offshore III Side Car, LP | — | CA | SEC filing |
New funds by state
By the sponsoring firm’s home state.
| State | New funds | SPVs | Fund target |
|---|---|---|---|
| California | 41 | 20 | $4.45B |
| New York | 23 | 16 | $883M |
| Washington | 9 | 125 | $225M |
| Delaware | 9 | 42 | — |
| Florida | 9 | 13 | $619M |
| Texas | 7 | 6 | $109M |
| Massachusetts | 4 | 5 | $474M |
| Illinois | 3 | 4 | $118M |
| Connecticut | 3 | 0 | $228M |
| Colorado | 2 | 3 | — |
| Virginia | 2 | 3 | $550M |
| District of Columbia | 2 | 0 | $75M |
| New Jersey | 1 | 2 | $200M |
| Michigan | 1 | 0 | $40M |
| Minnesota | 1 | 0 | $50M |
New funds by sector
By the sectors the sponsoring firm backs; a fund counts in each. 62 funds’ firms have no sector on record.
| Sector | New funds | SPVs | Fund target |
|---|---|---|---|
| AI & ML | 26 | 55 | $2.58B |
| B2B Software | 21 | 11 | $1.66B |
| Healthcare | 12 | 19 | $728M |
| Fintech | 9 | 5 | $675M |
| Biotech & Pharma | 8 | 16 | $1.92B |
| Cybersecurity | 7 | 7 | $1.9B |
| Climate & Energy | 6 | 28 | $1.05B |
| Deep Tech | 5 | 3 | $920M |
| Developer Tools | 4 | 7 | $720M |
| Real Estate & PropTech | 4 | 7 | $131M |
| Consumer | 3 | 14 | $81.1M |
| Food & Agriculture | 3 | 14 | $150M |
| Media, Gaming & Creator | 2 | 10 | $103M |
| Hardware & Robotics | 2 | 9 | $178M |
| Mobility & Logistics | 1 | 39 | — |
New SPVs and deal vehicles in October 2024
The 50 largest of 254; each sponsor’s profile lists the rest of its deal vehicles.
Show the 50 largest SPVs
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| VXI TeraDAR | VXI TeraDAR SPV LP | $94M | MA | SEC filing | |
| Altimeter | Altimeter Growth Co-Invest V, L.P. | $71.3M | MA | SEC filing | |
| Type One | T1V Sirius 1-1 A Series of Type One Ventures Growth GP LLC | $50M | CA | SEC filing | |
| Headline | Headline Lion SPV, L.P. | $28.4M | CA | SEC filing | |
| Revenant Venture | Fund I, a series of Revenant Venture Fund, LP | $15M | WA | SEC filing | |
| DQV | Don't Quit Ventures Fund 1, a series of DQV, LP | $10M | WA | SEC filing | |
| Varia Ventures | Varia Ventures Master Series LLC - Precision Neuroscience Series | $10M | NY | SEC filing | |
| MGI Investments | MGI Investments, LP - Series 26 | $9.95M | NY | SEC filing | |
| Deep Checks | Fund I, a series of Deep Checks Fund, LP | $9M | WA | SEC filing | |
| Eclipse | Eclipse SPV XXI, L.P. | $8M | CA | SEC filing | |
| Engine | Engine Fund I SPV-E, LLC | $6.5M | MA | SEC filing | |
| Fourth Realm | SX V a Series of Fourth Realm Investments LLC | $5.95M | WA | SEC filing | |
| Aliya Growth | Aliya Growth Fund LLC - Series M | $5.51M | FL | SEC filing | |
| 8VC SESN | 8VC SESN SPV, LLC | $5.3M | TX | SEC filing | |
| Watchfire | Watchfire SPV SF, L.P. | $3.7M | CA | SEC filing | |
| CHVC | CHVC SPV PF LP | $3.6M | MA | SEC filing | |
| FDVC LFG | AND SPV a Series of FDVC LFG LLC | $3.11M | DE | SEC filing | |
| Epakon Capital | Epakon Fund I a Series of Epakon Capital Group Master LLC | $3M | WA | SEC filing | |
| IFC | IFC, LLC | $2.91M | CA | SEC filing | |
| ExSight | ExSight HRZN SC, LLC | $2.85M | NY | SEC filing | |
| FT Openova | FT Openova LLC | $2.77M | IL | SEC filing | |
| PCO | PCO 2024 Feeder Fund II, LLC | $2.55M | FL | SEC filing | |
| Blake LJV | Blake LJV, LLC | $2.5M | FL | SEC filing | |
| BOC Ventures | BOC Ventures Fund II-B LP | $2.48M | NY | SEC filing | |
| Heroic | Heroic Opportunity Fund SPV IV, LLC | $2.4M | CA | SEC filing | |
| Angel Collective | Angel Collective Opportunity Fund, LP - D4 | $2.27M | WA | SEC filing | |
| 776 Phalanx | 776 Phalanx III, L.P. | $2.16M | FL | SEC filing | |
| SPCM | SPCM Ac L.P. | $2.05M | TX | SEC filing | |
| E1 Ventures | Foundation I a Series of E1 Ventures Master LLC | $2.01M | DE | SEC filing | |
| Global Generative AI | Global Generative AI Holdings LP | $2M | F4 | SEC filing | |
| Starlight | Starlight SPV 4 LLC | $2M | FL | SEC filing | |
| LeFonds by FrenchFounders | LeFonds by FrenchFounders, LP - D3 | $1.79M | WA | SEC filing | |
| Double AA Ventures | NA-0829 Fund III, a series of Double AA Ventures, LP | $1.75M | WA | SEC filing | |
| E1 Ventures | Synergy II a Series of E1 Ventures Master LLC | $1.6M | DE | SEC filing | |
| Montreux Growth | Montreux Growth SPV IX, LLC | $1.6M | CA | SEC filing | |
| GuestHouse of Ventures | House Of Form Energy a Series of GuestHouse of Ventures LLC | $1.58M | DE | SEC filing | |
| Avlok Capital | Avlok Capital, LP - E2 | $1.54M | WA | SEC filing | |
| Sunrise | Sunrise Padel Capital a Series of Sunrise Master Fund LLC | $1.5M | FL | SEC filing | |
| Amara VC | Amara VC, LP - B4 | $1.48M | WA | SEC filing | |
| Chloe Capital | Chloe Capital Fund II, LP | $1.45M | NY | SEC filing | |
| Portfolia | Portfolia 2024 SPV 2 LLC | $1.38M | CA | SEC filing | |
| GCAP | GCAP - Alice | $1.36M | CA | SEC filing | |
| V360 | V360 Holdings LLC Series Mayavalley O2 | $1.35M | DE | SEC filing | |
| Blu Venture | BVI Core Q32024-1 Series, a Series of Blu Venture Investors Core, LLC | $1.27M | VA | SEC filing | |
| Aliya Growth | Aliya Growth Fund LLC - Series P | $1.23M | FL | SEC filing | |
| NV SandboxAQ Series E AC Partners | NV SandboxAQ Series E AC Partners LLC | $1.23M | FL | SEC filing | |
| F.Inc Capital | F.Inc Capital, LP - B4 | $1.2M | WA | SEC filing | |
| Mentors | Mentors Fund II, LP - D2 | $1.19M | WA | SEC filing | |
| HealthTrend | HTC 242G a Series of HealthTrend Holdings LLC | $1.12M | DE | SEC filing | |
| AVSF | AVSF - Precision Neuroscience 2024, LLC | $1.12M | NH | 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 October 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.