Learn Capital Fund V Early, LP
Learn Capital · adviser of record: Learn Capital, LLC · 2022 vintage
Learn Capital Fund V Early, LP is a 2022 venture fund managed by Learn Capital, with $87.5mm raised (Form D, amount sold). It reported $46mm in gross assets at year-end 2025, 0.53x its size, against a peak of $59.1mm in 2023.
- Latest value held
- $46mm year-end 2025
- Peak
- $59.1mm year-end 2023
- Fund size
- $87.5mm Form D, amount sold
- Held vs. size
- 0.53x peak 0.68x
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 | $46mm | 0.53x | -22% over 2 yrs |
| 2023 | $59.1mm | 0.68x | +135% |
| 2022 | $25.2mm | 0.29x | – |
Other funds from Learn Capital
- Learn Capital IV Special Opportunities VIII, LLC 2023
- Learn Capital Fund V Growth, L.P. 2022
- Learn Capital Special Opportunities Fund Xxxiv, L.P. 2022
- Learn Capital Special Opportunities Fund Xxiv, LLC 2022
- Learn Capital IV Special Opportunities IX, LLC 2022
- Learn Capital Special Opportunities Fund Xxxvi LLC 2022
- Learn Capital IV Special Opportunities Iia LLC 2021
- Learn Capital IV Special Opportunities IV LLC 2021
- Learn Capital IV Special Opportunities III LLC 2021
- Learn Capital Special Opportunities Fund XXXV LLC 2021
- Learn Capital IV Special Opportunities VII, LLC 2021
- Learn Capital Venture Partners - EM, L.P. 2021
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 805-5743700580. Data updated October 13, 2026.
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