Pear Ventures IV, L.P.
Pear VC · adviser of record: Pear Ventures Management, LLC · 2022 vintage
Pear Ventures IV, L.P. is a 2022 venture fund managed by Pear VC, with $410mm raised (Form D, amount sold). It reported $442mm in gross assets at year-end 2025, 1.08x its size, its highest reported value.
- Latest value held
- $442mm year-end 2025
- Peak
- $442mm year-end 2025
- Fund size
- $410mm Form D, amount sold
- Held vs. size
- 1.08x peak 1.08x
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 | $442mm | 1.08x | +6% over 2 yrs |
| 2023 | $419mm | 1.02x | +19% |
| 2022 | $352mm | 0.86x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| LAFPP | 2025-12-31 | $20mm | 0.00x | 1.03x | 1.03x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Pear VC
- Pear Ventures Opportunities XII, LLC 2023
- Pear Ventures II Expansion, LP 2021
- Pear Ventures Opportunities XI, LLC 2020
- Pear Ventures Opportunities X, LLC 2020
- Pear Ventures Opportunities IX, LLC 2020
- Pear Ventures III, LP 2019
- Pear Ventures Opportunities VIII, LLC 2019
- Pear Ventures I Expansion, LP 2018
- Pear Ventures Opportunities VI, LLC 2018
- Pear Ventures Opportunities VII, LLC 2018
- Pear Ventures Opportunities V, LLC 2017
- Pear Ventures II, L.P. 2016
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 805-6790326893. Data updated October 13, 2026.
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