Ballistic Ventures I, LP
Ballistic Ventures Alpha · adviser of record: Ballistic Ventures Alpha LLC · 2021 vintage
Ballistic Ventures I, LP is a 2021 venture fund managed by Ballistic Ventures Alpha, with $297mm raised (Form D, amount sold). It reported $525mm in gross assets at year-end 2025, 1.76x its size, its highest reported value.
- Latest value held
- $525mm year-end 2025
- Peak
- $525mm year-end 2025
- Fund size
- $297mm Form D, amount sold
- Held vs. size
- 1.76x peak 1.76x
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 | $525mm | 1.76x | +65% over 2 yrs |
| 2023 | $318mm | 1.07x | -3% |
| 2022 | $327mm | 1.10x | +61% |
| 2021 | $203mm | 0.68x | – |
Other funds from Ballistic Ventures Alpha
- Ballistic Ventures II, LP 2023
- Ballistic Ventures II Advisors, LP 2023
- Ballistic Ventures I Advisors, LP 2021
All Ballistic Ventures Alpha funds
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 805-6333619365. Data updated October 13, 2026.
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