Dragonfly Ventures II, L.P.
Dragonfly Digital · adviser of record: Dragonfly Digital Management, LLC · 2020 vintage
Dragonfly Ventures II, L.P. is a 2020 venture fund managed by Dragonfly Digital, with $200mm raised (Form D, amount sold). It reported $522mm in gross assets at year-end 2024, 2.61x its size, against a peak of $631mm in 2021.
- Latest value held
- $522mm year-end 2024
- Peak
- $631mm year-end 2021
- Fund size
- $200mm Form D, amount sold
- Held vs. size
- 2.61x peak 3.15x
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 |
|---|---|---|---|
| 2024 archived filing | $522mm | 2.61x | +16% |
| 2023 | $452mm | 2.26x | +43% |
| 2022 | $315mm | 1.58x | -50% |
| 2021 | $631mm | 3.15x | – |
Other funds from Dragonfly Digital
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 805-3748527159. Data updated October 13, 2026.
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