Sequoia Capital U.S. Venture Fund XVI, L.P.
Sequoia Capital · adviser of record: Sequoia Capital Operations, LLC · 2018 vintage
Sequoia Capital U.S. Venture Fund XVI, L.P. is a 2018 venture fund managed by Sequoia Capital. It reported $3.4bn in gross assets at year-end 2025, its highest reported value.
- Latest value held
- $3.4bn year-end 2025
- Peak
- $3.4bn year-end 2025
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $3.4bn | – | +57% |
| 2024 archived filing | $2.2bn | – | +39% |
| 2023 | $1.58bn | – | +3% |
| 2022 | $1.53bn | – | -1% |
| 2021 | $1.55bn | – | +54% |
| 2020 | $1bn | – | +83% |
| 2019 | $547mm | – | -1% |
| 2018 | $550mm | – | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| University of California | 2025-06-30 | $2mm | 0.00x | 4.55x | 4.55x |
Latest report from each pension, as multiples of paid-in capital. Where a pension reports only the value it holds, that value is shown in dollars under Still held. Linked dates go to the pension’s report.
Other funds from Sequoia Capital
- Sequoia Capital US/E Seed V Principals Fund, L.P. 2023
- Sequoia Capital US/E Seed V Principals Fund (Q), L.P. 2023
- Sequoia Capital US/E Seed Partners Fund V, L.P. 2023
- Sequoia Capital US/E Growth X Principals Fund L.P. 2022
- Sequoia Capital US/E Growth Partners Fund X, L.P. 2022
- Sequoia Capital US/E Venture XVIII Principals Fund (Q), L.P. 2022
- Sequoia Capital US/E Venture XVIII Principals Fund, L.P. 2022
- Sequoia Capital US/E Venture Partners Fund XVIII, L.P. 2022
- Sequoia Capital US/E Expansion I Principals Fund, L.P. 2022
- Sequoia Capital Fund, L.P. 2021
- Sequoia Capital Fund Parallel, LLC 2021
- Sequoia Capital U.S. Venture Fund XVII, L.P. 2020
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 805-2293562856. Data updated October 13, 2026.
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