Innovating Capital IO LP
Innovating Capital · adviser of record: Innovating Capital Management, LLC · 2020 vintage
Innovating Capital IO LP is a 2020 venture fund managed by Innovating Capital, with $3.2mm raised (Form D, amount sold). It reported $17.8mm in gross assets at year-end 2025, 5.54x its size, against a peak of $19mm in 2023.
- Latest value held
- $17.8mm year-end 2025
- Peak
- $19mm year-end 2023
- Fund size
- $3.2mm Form D, amount sold
- Held vs. size
- 5.54x peak 5.92x
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 | $17.8mm | 5.54x | -6% over 2 yrs |
| 2023 | $19mm | 5.92x | +10% |
| 2022 | $17.3mm | 5.39x | +0% |
| 2021 | $17.3mm | 5.39x | +439% |
| 2020 | $3.2mm | 1.00x | – |
Other funds from Innovating Capital
- Innovating Capital PSL LP 2021
- Innovating Venture Partners S-II LP 2021
- Innovating Capital Iosd LP 2021
- Innovating Venture Partners S-I LP 2020
- Kain Capital I, LP 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 805-1801590146. Data updated October 13, 2026.
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