Fabrice Grinda Fund I LLC
FJ Labs · adviser of record: FJ Labs Management LP · 2014 vintage
Fabrice Grinda Fund I LLC is a 2014 venture fund managed by FJ Labs, with $753k raised (Form D, amount sold). It reported $3mm in gross assets at year-end 2025, 4.01x its size, against a peak of $3.1mm in 2023.
- Latest value held
- $3mm year-end 2025
- Peak
- $3.1mm year-end 2023
- Fund size
- $753k Form D, amount sold
- Held vs. size
- 4.01x peak 4.15x
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 | $3mm | 4.01x | -3% over 2 yrs |
| 2023 | $3.1mm | 4.15x | +0% |
| 2022 | $3.1mm | 4.15x | +647% |
| 2021 | $418k | 0.56x | -35% |
| 2020 | $639k | 0.85x | -5% |
| 2019 | $673k | 0.89x | -6% |
| 2018 | $719k | 0.95x | +5% |
| 2017 | $686k | 0.91x | -4% |
| 2016 | $712k | 0.95x | – |
Other funds from FJ Labs
- FJ Labs III, LP 2021
- FJ Labs Archangel I, LP 2021
- F&J Labs CO-Invest III, L.P. 2017
- F&J Labs/Telenor CO-Invest III, L.P. 2017
- F&J Labs/Telenor CO-Invest II, L.P. 2016
- FJ Labs 3VC LLC 2016
- FJ Labs 4VC LLC 2016
- F&J Labs/Telenor CO-Invest I, L.P. 2016
- Fabrice Grinda P6M LLC 2016
- FJ Labs Reb LLC 2016
- FJ Labs Leh LLC 2016
- Fabrice Grinda 6KJ LLC 2015
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 805-1893148610. Data updated October 13, 2026.
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