Bison Ventures Fund 1, L.P.
Bison Ventures · adviser of record: Bison Ventures Management Company, LLC · 2021 vintage
Bison Ventures Fund 1, L.P. is a 2021 venture fund managed by Bison Ventures, with $135mm raised (Form D, amount sold). It reported $197mm in gross assets at year-end 2025, 1.46x its size, its highest reported value.
- Latest value held
- $197mm year-end 2025
- Peak
- $197mm year-end 2025
- Fund size
- $135mm Form D, amount sold
- Held vs. size
- 1.46x peak 1.46x
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 | $197mm | 1.46x | +54% over 2 yrs |
| 2023 | $128mm | 0.95x | +118% |
| 2022 | $58.9mm | 0.44x | +14% |
| 2021 | $51.4mm | 0.38x | – |
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 805-5617045601. Data updated October 13, 2026.
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