Meritech Capital Partners VII L.P.
Meritech Capital · adviser of record: Meritech Sub-Management Corporation · 2020 vintage
Meritech Capital Partners VII L.P. is a 2020 venture fund managed by Meritech Capital, with $800mm raised (Form D, amount sold). It reported $1.28bn in gross assets at year-end 2025, 1.60x its size, its highest reported value.
- Latest value held
- $1.28bn year-end 2025
- Peak
- $1.28bn year-end 2025
- Fund size
- $800mm Form D, amount sold
- Held vs. size
- 1.60x peak 1.60x
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 | $1.28bn | 1.60x | +52% over 2 yrs |
| 2023 | $847mm | 1.06x | -2% |
| 2022 | $867mm | 1.08x | -6% |
| 2021 | $920mm | 1.15x | +16% |
| 2020 | $796mm | 0.99x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| Michigan SMIB | 2025-12-31 | – | – | – | $55.5mm |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
What registered funds report
| Holder | As of | Value of stake | Value ÷ cost |
|---|---|---|---|
| NB Crossroads Private Markets Fund VI Holdings LP | 2026-06-30 | $7.4mm | 1.48x |
| Franklin Lexington Private Markets Fund | 2026-06-30 | $3.6mm | – |
From SEC Form N-PORT, filed by mutual funds and other registered funds that hold an interest in this fund.
Other funds from Meritech Capital
- Meritech Capital Partners VIII L.P. 2022
- Meritech Capital Sidecar III L.P. 2022
- Meritech Capital Affiliates VIII L.P. 2022
- Meritech Capital Operators VIII L.P. 2022
- Meritech Franchise Fund L.P. 2021
- Meritech Capital SPV I L.P. 2021
- Meritech Capital Affiliates VII L.P. 2020
- Meritech Capital Partners VI L.P. 2018
- Meritech Capital Affiliates VI L.P. 2018
- Meritech Capital Partners V L.P. 2014
- Meritech Capital Partners V Sidecar L.P. 2014
- Meritech Capital Affiliates V L.P. 2014
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 805-4641839340. Data updated October 13, 2026.
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