SC Red 1 LLC
Strauss Capital · adviser of record: Strauss Capital LLC · 2021 vintage
SC Red 1 LLC is a 2021 venture fund managed by Strauss Capital, with $11.1mm raised (Form D, amount sold). It reported $9.4mm in gross assets at year-end 2023, 0.85x its size, its highest reported value.
- Latest value held
- $9.4mm year-end 2023
- Peak
- $9.4mm year-end 2023
- Fund size
- $11.1mm Form D, amount sold
- Held vs. size
- 0.85x peak 0.85x
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 | $9.4mm | 0.85x | – |
Other funds from Strauss Capital
- SC Jal LLC 2023
- SC SX1 LLC 2023
- SC Red II LLC 2023
- SC CDA1 LLC 2022
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 805-8597054406. Data updated October 13, 2026.
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