Sound Ventures AI Fund, L.P.
Sound Development · adviser of record: Sound Development, LLC · 2023 vintage
Sound Ventures AI Fund, L.P. is a 2023 venture fund managed by Sound Development, with $266mm raised (Form D, amount sold). It reported $1.55bn in gross assets at year-end 2025, 5.83x its size, its highest reported value.
- Latest value held
- $1.55bn year-end 2025
- Peak
- $1.55bn year-end 2025
- Fund size
- $266mm Form D, amount sold
- Held vs. size
- 5.83x peak 5.83x
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 | $1.55bn | 5.83x | +308% over 2 yrs |
| 2023 | $380mm | 1.43x | – |
Other funds from Sound Development
- Sound Ventures IV, L.P. 2023
- Sound Ventures CO-Investment Vendr LLC 2022
- Sound Ventures CO-Investment ES LLC 2022
- Sound Ventures Blockchain Fund, LP 2021
- Sound Ventures III, L.P. 2020
- Sound Ventures II, L.P. 2018
- Sound Ventures, LLC 2018
- Lic Sound, LLC 2015
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 805-6758397750. Data updated October 13, 2026.
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