2048 Ventures II, LP
2048 Ventures · adviser of record: 2048 Ventures, LLC · 2021 vintage
2048 Ventures II, LP is a 2021 venture fund managed by 2048 Ventures, with $66.2mm raised (Form D, amount sold). It reported $63.6mm in gross assets at year-end 2025, 0.96x its size, against a peak of $66.7mm in 2021.
- Latest value held
- $63.6mm year-end 2025
- Peak
- $66.7mm year-end 2021
- Fund size
- $66.2mm Form D, amount sold
- Held vs. size
- 0.96x peak 1.01x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $63.6mm | 0.96x | -3% over 2 yrs |
| 2023 | $65.9mm | 0.99x | +1% |
| 2022 | $65.4mm | 0.99x | -2% |
| 2021 | $66.7mm | 1.01x | – |
Other funds from 2048 Ventures
- 2048 Ventures I, LP 2018
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-2639250964. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.