Kleiner Perkins XX, LLC
Kleiner Perkins · adviser of record: Kleiner Perkins Caufield & Byers, LLC · 2021 vintage
Kleiner Perkins XX, LLC is a 2021 venture fund managed by Kleiner Perkins, with $800mm raised (Form D, amount sold). It reported $1.25bn in gross assets at year-end 2025, 1.56x its size, its highest reported value.
- Latest value held
- $1.25bn year-end 2025
- Peak
- $1.25bn year-end 2025
- Fund size
- $800mm Form D, amount sold
- Held vs. size
- 1.56x peak 1.56x
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 | $1.25bn | 1.56x | +52% over 2 yrs |
| 2023 | $819mm | 1.02x | +8% |
| 2022 | $757mm | 0.95x | -6% |
| 2021 | $807mm | 1.01x | – |
Other funds from Kleiner Perkins
- Kleiner Perkins Select Fund II, LLC 2021
- Kleiner Perkins XX Friends, LLC 2021
- Kleiner Perkins Select Fund II Friends, LLC 2021
- Kleiner Perkins Select Founders Fund, LLC 2021
- Kleiner Perkins XX Founders Fund, LLC 2021
- Kleiner Perkins Select Founders Fund II, LLC 2021
- Kleiner Perkins Select Fund, LLC 2020
- Kleiner Perkins XIX Friends, LLC 2020
- Kleiner Perkins Caufield & Byers XIX, LLC 2019
- KPCB XIX Founders Fund, LLC 2019
- Kleiner Perkins Caufield & Byers XVIII, LLC 2018
- KPCB XVIII Founders Fund, LLC 2018
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 805-7904902244. Data updated October 13, 2026.
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