Smash NB SPV LP
Smash Capital · adviser of record: Smash Ventures Management Company LP · 2019 vintage
Smash NB SPV LP is a 2019 venture fund managed by Smash Capital, with $11.7mm raised (Form D, amount sold). It reported $24.4mm in gross assets at year-end 2025, 2.08x its size, against a peak of $31.6mm in 2023.
- Latest value held
- $24.4mm year-end 2025
- Peak
- $31.6mm year-end 2023
- Fund size
- $11.7mm Form D, amount sold
- Held vs. size
- 2.08x peak 2.70x
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 | $24.4mm | 2.08x | -23% over 2 yrs |
| 2023 | $31.6mm | 2.70x | +55% |
| 2022 | $20.3mm | 1.74x | +26% |
| 2021 | $16.1mm | 1.38x | +23% |
| 2020 | $13.1mm | 1.12x | +152% |
| 2019 | $5.2mm | 0.44x | – |
Other funds from Smash Capital
- Smash Capital Romeo SPV LP 2023
- Smash Capital Fund I L.P. 2021
- Smash Ventures SPV V LLC 2021
- Smash Ventures Donald SPV LP 2021
- Smash Ventures Slope SPV LP 2021
- Smash Ventures Ladder SPV LP 2021
- Smash Ventures Extra SPV LP 2021
- Smash Ventures SPV III, LLC 2020
- Smash Ventures SPV IV, LLC 2020
- Smash Ventures SPV II, LLC 2020
- Smash Ventures Monet LP 2020
- Smash Ventures Fund, L.P. 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 805-4543594384. Data updated October 13, 2026.
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