20VC Explorer Fund II, L.P.
Twenty VC · adviser of record: Twenty VC LLP · 2020 vintage
20VC Explorer Fund II, L.P. is a 2020 venture fund managed by Twenty VC, with $107mm raised (Form D, amount sold). It reported $97.2mm in gross assets at year-end 2024, 0.91x its size, against a peak of $108mm in 2020.
- Latest value held
- $97.2mm year-end 2024
- Peak
- $108mm year-end 2020
- Fund size
- $107mm Form D, amount sold
- Held vs. size
- 0.91x 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 |
|---|---|---|---|
| 2024 | $97.2mm | 0.91x | -6% |
| 2023 | $103mm | 0.96x | -1% |
| 2022 | $104mm | 0.98x | -1% |
| 2021 | $106mm | 0.99x | -2% |
| 2020 | $108mm | 1.01x | – |
Other funds from Twenty VC
- 20VC Fund S-1, L.P. 2021
- 20VC Fund II, L.P. 2020
- 20VC Fund D-1, L.P. 2020
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 805-6990971186. Data updated October 13, 2026.
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