New venture funds filed in November 2024
93 new venture funds and 219 SPVs filed their first Form D with the SEC in November 2024, with $4.55B in total target capital across the 59 funds that stated a size. 4 funds tied as the largest, at $500M each; California led with 35 new funds; the most common sponsor sectors were AI & ML (21), Healthcare (10) and Climate & Energy (8). New fund filings were down 22% from October 2024 (120).
Updated from SEC Form D filings · How we count · Methodology
- New funds
- 93
- 120 in October
- New SPVs
- 219
- 254 in October
- Target capital
- $4.55B
- across 59 funds with a stated size
- Median fund
- $14.3M
- offering size
- Largest fund
- $500M
- 4 tied
- Sponsoring firms
- 85
- most in California
What was the largest venture fund filed in November 2024?
Forerunner Partners VII, L.P. (Forerunner Partners), Venrock Healthcare Capital Partners XP, L.P. (Venrock Healthcare Capital Partners XP), ClearSky Fund IV International LP (ClearSky) and ClearSky Fund IV LP (ClearSky) tied at $500M each.
Which states had the most new venture funds in November 2024?
California (35), Delaware (11), New York (9), Florida (7) and Massachusetts (6), counted by the sponsoring firm's home state. California's new funds target $2.13B in total.
What sectors do the firms behind November's new funds invest in?
AI & ML (21), Healthcare (10), Climate & Energy (8), Developer Tools (7) and Cybersecurity (6) lead, by the sectors each sponsoring firm backs. 52 of the 93 funds come from firms with no sector on record yet.
How many SPVs were filed in November 2024?
219 new SPVs and other deal vehicles filed a first Form D in November 2024, against 93 new funds. SPVs are single-deal or co-investment vehicles and are counted separately from funds.
How does November 2024 compare with October 2024?
93 new funds against 120 (−22%), 219 SPVs against 254, and $4.55B of target capital against $8.33B.
Every new venture fund in November 2024
93 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 |
|---|---|---|---|---|---|
| Forerunner Partners | Forerunner Partners VII, L.P. | $500M | CA | SEC filing | |
| Venrock Healthcare Capital Partners XP | Venrock Healthcare Capital Partners XP, L.P. | $500M | NY | SEC filing | |
| ClearSky | ClearSky Fund IV International LP | $500M | FL | SEC filing | |
| ClearSky | ClearSky Fund IV LP | $500M | FL | SEC filing | |
| Neo | Neo 4.0, L.P. | $324M | CA | SEC filing | |
| Old Tree | Old Tree, L.P. | $300M | CA | SEC filing | |
| Healthier Capital | Healthier Capital Fund I, L.P. | $200M | CA | SEC filing | |
| Flashpoint Venture Capital | Flashpoint Venture Capital Fund IV L.P. | $200M | DE | SEC filing | |
| Category Ventures | Category Ventures I, L.P. | $158M | CA | SEC filing | |
| Type One | Type One Proxima LLC | $150M | CA | SEC filing | |
| Resolute | Resolute VI, L.P. | $125M | CA | SEC filing | |
| Borderless | Borderless DePIN Fund III (US) LP | $100M | FL | SEC filing | |
| Gray Line | Gray Line Partners Fund I, L.P. | $100M | WA | SEC filing | |
| Yc Eco24 | Yc Eco24, L.P. | $89.4M | CA | SEC filing | |
| HOF Capital | HOF Capital BA Growth, LLC | $75M | NY | SEC filing | |
| Collab | Collab Fund II, L.P. | $75M | GA | SEC filing | |
| SV7 Plus Growth | SV7 Plus Growth Fund, L.P. | $60M | MA | SEC filing | |
| Refinery Venture | Refinery Venture Fund III, L.P. | $50M | OH | SEC filing | |
| Tribe Capital | Tribe Capital Healthcare Fund I, L.P. | $50M | CA | SEC filing | |
| TCP Exploration | TCP Exploration Fund II 2024, LP | $50M | CA | SEC filing | |
| Activate MegaWatts LJ | Activate MegaWatts LJ, L.P. | $34.6M | CA | SEC filing | |
| Mairs & Power Ventures | Mairs & Power Ventures Fund II, LP | $32.8M | MN | SEC filing | |
| Metalayer | Metalayer Fund I, LP | $25.1M | NY | SEC filing | |
| DCVC | DCVC Climate Access, L.P. | $20.2M | CA | SEC filing | |
| AVC CL HL | AVC CL HL, LP | $20M | CA | SEC filing | |
| Stretford End | Stretford End Fund III, L.P. | $20M | WA | SEC filing | |
| Class Ventures | Class Ventures Fund I LP | $20M | NV | SEC filing | |
| Ga-Ip | GA-IP Opportunities, LLC | $15.2M | CA | SEC filing | |
| Norland | Norland Hozah, LP | $14.4M | CA | SEC filing | |
| 776 | 776 Fund 1944 Cortina d'Ampezzo, L.P. | $14.3M | FL | SEC filing | |
| HOF Capital | HOF Capital AO Growth, LLC | $14M | NY | SEC filing | |
| Breed | Breed Fund II, LP | $13.6M | FL | SEC filing | |
| Bracket Capital | Bracket Capital Growth Partners V, LP | $12.9M | CA | SEC filing | |
| Kindred | Kindred PAI, L.P. | $12.8M | CA | SEC filing | |
| Valiant Telos Capsule Fund USA | Valiant Telos Capsule Fund USA, LP | $12M | NY | SEC filing | |
| House | House Fund Breakout VIII, L.P. | $11.7M | NJ | SEC filing | |
| BFF II US | BFF II US Feeder LP | $11.7M | CA | SEC filing | |
| Cosmic | Cosmic 20241, L.P. | $11M | CA | SEC filing | |
| HOF Capital | HOF Capital SC Growth, LLC | $10M | NY | SEC filing | |
| Heinz Ventures | Heinz Ventures Fund I, LP | $10M | TN | SEC filing | |
| GVP Climate | GVP Climate Fund I LP | $9.74M | NY | SEC filing | |
| Keiretsu Capital Blockchain Fund of | Keiretsu Capital Blockchain Fund of Funds II, LP | $7.67M | CA | SEC filing | |
| 2024 FAN Pier | 2024 FAN Pier FUND B, L.P. | $7.33M | MA | SEC filing | |
| TCP Exploration | TCP AI 2024, LP | $7.25M | CA | SEC filing | |
| J2 Ventures Strategic | J2 Ventures Strategic Opportunities D, L.P. | $6.5M | MA | SEC filing | |
| Next | Next Optimized I, LP | $5.86M | TX | SEC filing | |
| Strategic Growth | Strategic Growth Opportunities, LLC IV | $5.85M | FL | SEC filing | |
| Next | Next Optimized II, LP | $5.45M | TX | SEC filing | |
| Swagar Capital eToro | Swagar Capital eToro Fund LLC | $5.4M | NJ | SEC filing | |
| Sorenson | Sorenson Ventures III-A, L.P. | $5M | UT | SEC filing | |
| Elsa Capital | Elsa Capital Fund I, LP | $5M | CA | SEC filing | |
| Canterbury VC | Canterbury VC Co-Investment Fund I LP | $5M | CA | SEC filing | |
| High Tides Ventures | High Tides Ventures Fund I, LP | $5M | NY | SEC filing | |
| Good Friends | Good Friends Holdings, LLC | $5M | CA | SEC filing | |
| IronArc | IronArc Opportunities IV, LP | $4.96M | TX | SEC filing | |
| Bommie Capital | Bommie Capital Crusoe 1 LLC | $3.98M | NJ | SEC filing | |
| SP Mount Victoria | SP Mount Victoria, LLC | $3.46M | TX | SEC filing | |
| Commonweal | Commonweal NYS Fund I, LP | $3M | NY | SEC filing | |
| TN SSBCI VVC | TN SSBCI VVC Fund II LP | $3M | VA | SEC filing | |
| Engage Venture | ENGAGE Venture Fund III, LP | — | GA | SEC filing | |
| RevRoad Capital Pre-Seed | RevRoad Capital Pre-Seed Fund, LP | — | UT | SEC filing | |
| GEF-Alumni Ventures Venture Capital Fund 2025 GE-BR | GEF-Alumni Ventures Venture Capital Fund 2025 GE-BR LLC | — | MA | SEC filing | |
| Brightmind | Brightmind Co-Investment Fund I LP | — | TX | SEC filing | |
| TSV | TSV Feeder Fund, LP | — | GA | SEC filing | |
| Aldeia | Aldeia Fund II LLC | — | DE | SEC filing | |
| CEOs' | CEOs' Fund L.P. | — | CA | SEC filing | |
| Crush It Ventures | Crush It Ventures Fund I, LP | — | DE | SEC filing | |
| GEX Ventures | GEX Ventures Fund II, LP | — | CA | SEC filing | |
| Lightspeed | Lightspeed Ascent Fund, L.P. | — | CA | SEC filing | |
| Document Crunch Series B ZV | Document Crunch Series B ZV LLC | — | DE | SEC filing | |
| Genalyte C3 Series of Provenio Capital | Genalyte C3 Series of Provenio Capital Management Master LLC | — | FL | SEC filing | |
| Sente Ventures | Sente Ventures Fund I, LP | — | DE | SEC filing | |
| TAU Accelerator | TAU Accelerator LLC | — | DE | SEC filing | |
| Blindspot Fe Growth | Blindspot Fe Growth, LP | — | DE | SEC filing | |
| Hyperspace Mach | Hyperspace Mach 1, LLC | — | DE | SEC filing | |
| PsiQ | PsiQ Fund, LLC | — | DE | SEC filing | |
| AV Seed | AV Seed IV LP | — | MA | SEC filing | |
| AV Seed | AV Venture III LP | — | MA | SEC filing | |
| Cantos | Cantos Ventures IV, L.P. | — | CA | SEC filing | |
| Ineffable Ventures | Ineffable Ventures Series LLC, Series Relyon I IVS | — | CT | SEC filing | |
| IVP | IVP Xvii-E, L.P. | — | CA | SEC filing | |
| Axiom Venture | Axiom Venture Fund II LP | — | PA | SEC filing | |
| Seed Healthcare | Seed Healthcare Fund I, LP | — | PR | SEC filing | |
| Athletic Capital | Athletic Capital Fund Ryse LLC | — | OH | SEC filing | |
| Collective Global | Collective Global FUND I-A, L.P. | — | TX | SEC filing | |
| FV-CS1 | FV-CS1 LLC | — | CA | SEC filing | |
| HC Investment 2.5 | HC Investment 2.5 LP | — | DE | SEC filing | |
| HC Investment | HC Investment II LP | — | DE | SEC filing | |
| AH American Dynamism | AH American Dynamism Fund I-B, L.P. | — | CA | SEC filing | |
| AH Games | AH Games Fund II-B, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz Fund IX-B - AI Applications, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz Fund IX-B - AI Infrastructure, L.P. | — | CA | SEC filing | |
| Andreessen Horowitz | Andreessen Horowitz LSV Fund IV-B, L.P. | — | CA | SEC filing |
New funds by state
By the sponsoring firm’s home state.
| State | New funds | SPVs | Fund target |
|---|---|---|---|
| California | 35 | 22 | $2.13B |
| Delaware | 11 | 41 | $200M |
| New York | 9 | 20 | $654M |
| Florida | 7 | 10 | $1.13B |
| Massachusetts | 6 | 4 | $73.8M |
| Texas | 6 | 4 | $19.7M |
| Georgia | 3 | 1 | $75M |
| New Jersey | 3 | 0 | $21.1M |
| Washington | 2 | 90 | $120M |
| Ohio | 2 | 0 | $50M |
| Utah | 2 | 0 | $5M |
| Nevada | 1 | 3 | $20M |
| Virginia | 1 | 3 | $3M |
| Connecticut | 1 | 2 | — |
| Minnesota | 1 | 0 | $32.8M |
New funds by sector
By the sectors the sponsoring firm backs; a fund counts in each. 52 funds’ firms have no sector on record.
| Sector | New funds | SPVs | Fund target |
|---|---|---|---|
| AI & ML | 21 | 65 | $1.01B |
| Healthcare | 10 | 23 | $954M |
| Climate & Energy | 8 | 26 | $1.09B |
| Developer Tools | 7 | 4 | $732M |
| Cybersecurity | 6 | 7 | $1.01B |
| B2B Software | 4 | 23 | $197M |
| Fintech | 4 | 11 | $130M |
| Media, Gaming & Creator | 4 | 10 | $205M |
| Food & Agriculture | 3 | 23 | $99M |
| Biotech & Pharma | 3 | 17 | $30.2M |
| Space | 3 | 15 | $207M |
| Crypto & Web3 | 3 | 8 | $158M |
| Deep Tech | 2 | 11 | $30.2M |
| Hardware & Robotics | 2 | 8 | $150M |
| Consumer | 2 | 7 | $5M |
New SPVs and deal vehicles in November 2024
The 50 largest of 219; each sponsor’s profile lists the rest of its deal vehicles.
Show the 50 largest SPVs
| Firm | Fund | Size | State | First filed | Source |
|---|---|---|---|---|---|
| SSRH | SSRH SPV, LP | $55.5M | NY | SEC filing | |
| NewView | NewView LM SPV, LLC | $45M | CA | SEC filing | |
| K5 Tech | K5 Tech Fund I, LP - Series 110 | $27.6M | FL | SEC filing | |
| Moth | MF II, a series of Moth Fund, LP | $25M | CA | SEC filing | |
| K5 Tech | K5 Tech Fund I, LP - Series 106 | $25M | FL | SEC filing | |
| Nexus NeuroTech | Nexus NeuroTech SPV III, L.P. | $15.1M | CA | SEC filing | |
| Anchor Capital | EQS 2024 a Series of Anchor Capital GP II LLC | $12.5M | MA | SEC filing | |
| Open Field Groq | Open Field Groq SPV I LLC | $10M | NY | SEC filing | |
| Infinite Capital | Infinite Capital LP - Series Extropic | $8M | FL | SEC filing | |
| Boardman Bay Ventures | Boardman Bay Ventures, LP - Series I7 | $6.48M | NY | SEC filing | |
| Boost VC | RA-1011 Fund II, a series of Boost VC SPV, LP | $6.31M | CA | SEC filing | |
| Protagonist | Protagonist SCN SPV I LP | $5.25M | FL | SEC filing | |
| Caffeinated Capital | Caffeinated Capital Onebrief SPV, LLC | $5.14M | CO | SEC filing | |
| Supercharge.vc | Writer's Series C SPV, a series of Supercharge.vc SPV Fund, LP | $5.01M | TX | SEC filing | |
| Centana | Centana Falcon SPV, L.P. | $5M | NY | SEC filing | |
| Resolve Growth | Resolve Growth Co-Invest, LLC - Investment Series 1 | $5M | MD | SEC filing | |
| NSV | NSV SPV I, LP | $4.92M | CT | SEC filing | |
| Green Visor Capital | Green Visor Capital SPV IV, L.P. | $4.54M | NY | SEC filing | |
| Discerning Capital | Discerning Capital SC SPV, LLC | $4.25M | NV | SEC filing | |
| Offline Ventures | Offline Ventures SPV I, L.P. | $4.15M | CA | SEC filing | |
| Type One | T1V CUBY Continuation 1-1 a Series of TYPE One Opportunities FUND LLC | $4M | CA | SEC filing | |
| DiversiFi Ventures | DiversiFi Ventures OpenAI SPVI a Series of CGF2021 LLC | $3.52M | CA | SEC filing | |
| Nomi Capital | Nomi Capital Software Fund a Series of CGF2021 LLC | $3.48M | NY | SEC filing | |
| TF Capital | TF Fund XXV, a series of TF Capital, LP | $3.39M | K7 | SEC filing | |
| Story Capital Growth | Multi 2024 07 a Series of Story Capital Growth Vehicle LLC | $3.23M | NY | SEC filing | |
| O-Ai SWC FOG | O-AI SWC FOG V Fund a Series of SLRTE I LLC | $3.13M | DE | SEC filing | |
| Protagonist Sports | Protagonist Sports SPV I LP | $3M | FL | SEC filing | |
| LBS Investments | F24, a series of LBS Investments I, LP | $3M | WA | SEC filing | |
| Calibrate | Calibrate FW III SPV, LLC | $2.53M | CA | SEC filing | |
| Capital Factory All | 2025 Fund, a series of Capital Factory All Access, LP | $2.2M | OR | SEC filing | |
| Fernbrook Convergence | Fernbrook Convergence BB, LP | $2.2M | NY | SEC filing | |
| Rhone Technologies | Rhone Technologies Fund X a Series of CGF2021 LLC | $2.12M | DE | SEC filing | |
| Amity | Amity PT Fund, LP | $2.1M | CA | SEC filing | |
| Hiive Perplexity | Hiive Perplexity Series I a Series of Hiive Perplexity LLC | $2.06M | DE | SEC filing | |
| R&R Ethernovia | R&R Ethernovia Holdings LLC | $2.05M | MA | SEC filing | |
| UA-E Ribbit | UA-E Ribbit Opportunity IV, LLC | $2.02M | CA | SEC filing | |
| MoVi Capital Partners | CogScAi Sep 2024 a Series of MoVi Capital Partners LLC | $2.01M | DE | SEC filing | |
| Moreno VC | Space & Coms Jul 2024 a Series of Moreno VC LLC | $1.99M | DE | SEC filing | |
| FOG Ventures | CW1 a Series of FOG Ventures Fund III LLC | $1.96M | DE | SEC filing | |
| Opulentia Ventures | OPX2024 Anduril a Series of Opulentia Ventures LLC | $1.88M | VA | SEC filing | |
| Also Capital | RA-1010 Fund I, a series of Also Capital, LP | $1.82M | NY | SEC filing | |
| Warren Point | Alto Pharmacy Nov 2024 a Series of Warren Point Funds LLC | $1.79M | DE | SEC filing | |
| Audeo Ventures | Audeo Ventures Opportunity Fund, LP | $1.59M | FL | SEC filing | |
| StudioVentures,-FA | StudioVentures,-FA-1017 Fund I, a series of AngelList Funds 2024, LP | $1.52M | WA | SEC filing | |
| 2024 FAN Pier | 2024 FAN Pier FUND A, L.P. | $1.5M | MA | SEC filing | |
| Gateway VCA | Gateway VCA 0724, LP | $1.4M | TX | SEC filing | |
| Aal VC | ZE-1018 Fund I, a series of AAL VC, LP | $1.35M | WA | SEC filing | |
| Also Capital | VA-0918 Fund II, a series of Also Capital, LP | $1.31M | NY | SEC filing | |
| Florida | FF Worth Fund a Series of FLORIDA FUNDERS HIDDEN TREASURES LLC | $1.26M | FL | SEC filing | |
| BOC Ventures | BOC Ventures XXII LP | $1.25M | NY | 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 November 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.