Act One Ventures II, L.P.
Act One Ventures · adviser of record: Act One Ventures Management, L.L.C. · 2018 vintage
Act One Ventures II, L.P. is a 2018 venture fund managed by Act One Ventures, with $23mm raised (Form D, amount sold). It reported $28.6mm in gross assets at year-end 2025, 1.24x its size, against a peak of $39.7mm in 2022.
- Latest value held
- $28.6mm year-end 2025
- Peak
- $39.7mm year-end 2022
- Fund size
- $23mm Form D, amount sold
- Held vs. size
- 1.24x peak 1.73x
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 | $28.6mm | 1.24x | -14% over 2 yrs |
| 2023 | $33.2mm | 1.45x | -16% |
| 2022 | $39.7mm | 1.73x | +9% |
| 2021 | $36.5mm | 1.59x | – |
Other funds from Act One Ventures
- Act One Ventures III, L.P. 2021
- SCENE2BLAZE LLC 2021
- SCENE2ORDERTWO LLC 2021
- SCENE2HOWL 2021
- SCENE2VERYFI, LLC 2021
- SCENE2ORDER LLC 2021
- SCENE2TAPCART, LLC 2021
- Act One Ventures, L.P. 2016
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 805-5345849796. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.