Rainfall Ventures I, LP
Rainfall Ventures · adviser of record: Rainfall Ventures Management, LLC · 2019 vintage
Rainfall Ventures I, LP is a 2019 venture fund managed by Rainfall Ventures, with $10mm raised (Form D, amount sold). It reported $112mm in gross assets at year-end 2023, 11.16x its size, against a peak of $116mm in 2022.
- Latest value held
- $112mm year-end 2023
- Peak
- $116mm year-end 2022
- Fund size
- $10mm Form D, amount sold
- Held vs. size
- 11.16x peak 11.62x
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 |
|---|---|---|---|
| 2023 | $112mm | 11.16x | -4% |
| 2022 | $116mm | 11.62x | +12% |
| 2021 | $104mm | 10.38x | +79% |
| 2020 | $57.9mm | 5.79x | +50% |
| 2019 | $38.5mm | 3.85x | – |
Other funds from Rainfall Ventures
- Rainfall Ventures III, LP 2022
- Rainfall NV1, LP 2021
- Rainfall A1, LP 2021
- Rainfall L1, LP 2021
- Rainfall NV2, LP 2021
- Rainfall Ventures II, LP 2020
- Rainfall SPV WF2, LP 2020
- Rainfall SPV WF1, LP 2019
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 805-6673651009. Data updated October 13, 2026.
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