Industrious Ventures SPV - PS, LLC
Belief · adviser of record: Belief, LLC · 2021 vintage
Industrious Ventures SPV - PS, LLC is a 2021 venture fund managed by Belief, with $2.8mm raised (Form D, amount sold). It reported $9.3mm in gross assets at year-end 2025, 3.33x its size, its highest reported value.
- Latest value held
- $9.3mm year-end 2025
- Peak
- $9.3mm year-end 2025
- Fund size
- $2.8mm Form D, amount sold
- Held vs. size
- 3.33x peak 3.33x
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 | $9.3mm | 3.33x | +69% over 2 yrs |
| 2023 | $5.5mm | 1.97x | +0% |
| 2022 | $5.5mm | 1.97x | – |
Other funds from Belief
- Rise Together Ventures I, L.P. 2022
- Industrious Special Opportunities, LP - FS1 2020
- Industrious Special Opportunities, LP - Antimatter 2020
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 805-7734645001. Data updated October 13, 2026.
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