Foundation Capital VIII, L.P.
Foundation Capital · adviser of record: Foundation Capital, LLC · 2015 vintage
Foundation Capital VIII, L.P. is a 2015 venture fund managed by Foundation Capital, with $325mm raised (Form D, amount sold). It reported $2.3bn in gross assets at year-end 2025, 6.94x its size, against a peak of $4.3bn in 2021.
- Latest value held
- $2.3bn year-end 2025
- Peak
- $4.3bn year-end 2021
- Fund size
- $325mm Form D, amount sold
- Held vs. size
- 6.94x peak 13.11x
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 | $2.3bn | 6.94x | +26% over 2 yrs |
| 2023 | $1.79bn | 5.51x | +94% |
| 2022 | $922mm | 2.84x | -78% |
| 2021 | $4.3bn | 13.11x | +335% |
| 2020 | $979mm | 3.01x | +81% |
| 2019 | $540mm | 1.66x | +31% |
| 2018 | $413mm | 1.27x | +84% |
| 2017 | $225mm | 0.69x | +176% |
| 2016 | $81.5mm | 0.25x | -75% |
| 2015 | $324mm | 1.00x | – |
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| iDirect Private Markets Fund | 2026-06-30 | $8.2mm | 11.52x |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Foundation Capital
- Foundation Capital X, L.P. 2021
- Foundation Capital Leadership Fund III, L.P. 2021
- Foundation Capital Leadership Fund II, L.P. 2019
- Foundation Capital IX, L.P. 2018
- Foundation Capital VII, L.P. 2012
- Foundation Capital VI, L.P. 2011
- Foundation Capital IV, L.P. 2011
- Foundation Capital V, L.P. 2011
- Foundation Capital II, L.P. 2011
- Foundation Capital Leadership Fund, L.P. 2011
- Foundation Capital III, L.P. 2011
- Foundation Capital Iiiq Entrepreneurs, LLC 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 805-9437828101. Data updated October 13, 2026.
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