Define Ventures Opportunities I, L.P.
Define Ventures · adviser of record: Define Ventures Management, LLC · 2021 vintage
Define Ventures Opportunities I, L.P. is a 2021 venture fund managed by Define Ventures, with $30mm raised (Form D, amount sold). It reported $30.4mm in gross assets at year-end 2025, 1.01x its size, against a peak of $34.6mm in 2022.
- Latest value held
- $30.4mm year-end 2025
- Peak
- $34.6mm year-end 2022
- Fund size
- $30mm Form D, amount sold
- Held vs. size
- 1.01x peak 1.15x
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 | $30.4mm | 1.01x | -7% over 2 yrs |
| 2023 | $32.8mm | 1.09x | -5% |
| 2022 | $34.6mm | 1.15x | +15% |
| 2021 | $30.2mm | 1.01x | – |
Other funds from Define Ventures
- Define Ventures Fund III, L.P. 2022
- Define Ventures Opportunities II/III, L.P. 2022
- Define Ventures Fund II, L.P. 2020
- Define Ventures Fund I, L.P. 2017
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 805-4125103503. Data updated October 13, 2026.
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