Newschools Seed, L.P.
Reach Capital · adviser of record: Reach Management, LLC · 2015 vintage
Newschools Seed, L.P. is a 2015 venture fund managed by Reach Capital, with $11.6mm raised (Form D, amount sold). It reported $5.2mm in gross assets at year-end 2025, 0.45x its size, against a peak of $12.5mm in 2018.
- Latest value held
- $5.2mm year-end 2025
- Peak
- $12.5mm year-end 2018
- Fund size
- $11.6mm Form D, amount sold
- Held vs. size
- 0.45x peak 1.07x
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 | $5.2mm | 0.45x | -17% over 2 yrs |
| 2023 | $6.3mm | 0.54x | +19% |
| 2022 | $5.3mm | 0.46x | -13% |
| 2021 | $6.1mm | 0.53x | -24% |
| 2020 | $8.1mm | 0.70x | -10% |
| 2019 | $9mm | 0.77x | -28% |
| 2018 | $12.5mm | 1.07x | +15% |
| 2017 | $10.8mm | 0.93x | -10% |
| 2016 | $12mm | 1.03x | – |
Other funds from Reach Capital
- Reach Founders' Fund, L.P. 2023
- Reach IV, L.P. 2022
- Reach Opportunity I, LP 2021
- Reach OS SPV I, LP 2021
- Reach III, L.P. 2020
- Reach II Love SPV, L.P. 2019
- Reach II, L.P. 2017
- Reach, L.P. 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 805-1603032285. Data updated October 13, 2026.
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