Drive Capital Ignition Fund II LP
Drive Capital · adviser of record: Drive Capital LLC · 2016 vintage
Drive Capital Ignition Fund II LP is a 2016 venture fund managed by Drive Capital, with $4.9mm raised (Form D, amount sold). It reported $13.4mm in gross assets at year-end 2025, 2.73x its size, its highest reported value.
- Latest value held
- $13.4mm year-end 2025
- Peak
- $13.4mm year-end 2025
- Fund size
- $4.9mm Form D, amount sold
- Held vs. size
- 2.73x peak 2.73x
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 | $13.4mm | 2.73x | +117% over 2 yrs |
| 2023 | $6.2mm | 1.26x | +22% |
| 2022 | $5mm | 1.03x | -60% |
| 2021 | $12.5mm | 2.55x | +45% |
| 2020 | $8.7mm | 1.77x | +24% |
| 2019 | $7mm | 1.42x | +218% |
| 2018 | $2.2mm | 0.45x | +78% |
| 2017 | $1.2mm | 0.25x | -75% |
| 2016 | $4.9mm | 1.00x | – |
Other funds from Drive Capital
- Drive Capital Atlanta Seed Fund I, L.P. 2023
- Drive Capital 2022 CO-Investment Fund, L.P. 2022
- Drive Capital Overdrive Ignition Fund II, L.P. 2022
- Drive Capital Ignition Fund IV, L.P. 2022
- Drive Capital Overdrive Fund II, L.P. 2021
- Drive Capital Fund IV, L.P. 2021
- Drive Capital Ignition Fund III, LP 2020
- Drive Capital Overdrive Ignition Fund I, L.P. 2020
- Drive Capital Overdrive Fund I, L.P. 2019
- Drive Capital Fund III, L.P. 2019
- Drive Capital Overdrive Fund I (TE), L.P. 2019
- Drive Capital Fund III (TE), L.P. 2019
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 805-1390016178. Data updated October 13, 2026.
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