Lic Sound, LLC
Sound Development · adviser of record: Sound Development, LLC · 2015 vintage
Lic Sound, LLC is a 2015 venture fund managed by Sound Development. It reported $43.4mm in gross assets at year-end 2025, against a peak of $74.5mm in 2022.
- Latest value held
- $43.4mm year-end 2025
- Peak
- $74.5mm year-end 2022
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $43.4mm | – | -41% over 2 yrs |
| 2023 | $73.9mm | – | -1% |
| 2022 | $74.5mm | – | +26% |
| 2021 | $59.3mm | – | +9% |
| 2020 | $54.3mm | – | +0% |
| 2019 | $54.3mm | – | +0% |
| 2018 | $54.3mm | – | -17% |
| 2017 | $65mm | – | +112% |
| 2016 | $30.6mm | – | +0% |
| 2015 | $30.6mm | – | – |
Other funds from Sound Development
- Sound Ventures AI Fund, L.P. 2023
- Sound Ventures IV, L.P. 2023
- Sound Ventures CO-Investment Vendr LLC 2022
- Sound Ventures CO-Investment ES LLC 2022
- Sound Ventures Blockchain Fund, LP 2021
- Sound Ventures III, L.P. 2020
- Sound Ventures II, L.P. 2018
- Sound Ventures, 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 805-9311258271. Data updated October 13, 2026.
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