Emergence Capital Opportunity I, L.P.
Emergence Capital · adviser of record: Emergence Equity Management, Inc · 2021 vintage
Emergence Capital Opportunity I, L.P. is a 2021 venture fund managed by Emergence Capital, with $376mm raised (Form D, amount sold). It reported $388mm in gross assets at year-end 2025, 1.03x its size, against a peak of $407mm in 2021.
- Latest value held
- $388mm year-end 2025
- Peak
- $407mm year-end 2021
- Fund size
- $376mm Form D, amount sold
- Held vs. size
- 1.03x peak 1.08x
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 | $388mm | 1.03x | +9% over 2 yrs |
| 2023 | $357mm | 0.95x | -6% |
| 2022 | $381mm | 1.02x | -6% |
| 2021 | $407mm | 1.08x | – |
Other funds from Emergence Capital
- Emergence Capital Partners VI, L.P. 2021
- Emergence Capital Partners V, L.P. 2018
- Ezp Opportunity, L.P. 2016
- Emergence Capital Partners IV, L.P. 2015
- Emergence Capital Partners III, L.P. 2011
- Emergence Capital Partners II, L.P. 2011
- Emergence Capital Partners, L.P. 2011
- Emergence Capital Associates, L.P. 2011
- Emergence Capital Partners-P.A., L.P. 2011
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 805-6098585199. Data updated October 13, 2026.
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