FJ Labs 4VC LLC
FJ Labs · adviser of record: FJ Labs Management LP · 2016 vintage
FJ Labs 4VC LLC is a 2016 venture fund managed by FJ Labs, with $5.8mm raised (Form D, amount sold). It reported $11mm in gross assets at year-end 2025, 1.89x its size, against a peak of $16.7mm in 2022.
- Latest value held
- $11mm year-end 2025
- Peak
- $16.7mm year-end 2022
- Fund size
- $5.8mm Form D, amount sold
- Held vs. size
- 1.89x peak 2.86x
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 | $11mm | 1.89x | -30% over 2 yrs |
| 2023 | $15.8mm | 2.70x | -5% |
| 2022 | $16.7mm | 2.86x | +289% |
| 2021 | $4.3mm | 0.73x | -5% |
| 2020 | $4.5mm | 0.78x | -10% |
| 2019 | $5mm | 0.86x | -8% |
| 2018 | $5.5mm | 0.93x | -6% |
| 2017 | $5.8mm | 0.99x | -0% |
| 2016 | $5.8mm | 1.00x | – |
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
- 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
- Fabrice Grinda Fund I LLC 2014
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 805-9936079335. Data updated October 13, 2026.
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