Yantacaw Capital
Venture fund · from SEC filings

Spark Capital Founders' Fund IV, L.P.

Spark Capital · adviser of record: Spark Capital Partners, LLC · 2013 vintage

Spark Capital Founders' Fund IV, L.P. is a 2013 venture fund managed by Spark Capital, with $4.5mm raised (Form D, amount sold). It reported $6.9mm in gross assets at year-end 2025, 1.53x its size, against a peak of $13.3mm in 2021.

Latest value held
$6.9mm year-end 2025
Peak
$13.3mm year-end 2021
Fund size
$4.5mm Form D, amount sold
Held vs. size
1.53x peak 2.95x

Value held by year-end

$5mm$10mm$15mm2013201520172019202120232025

Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker

Year-endGross assets÷ sizeChange
2025$6.9mm1.53x-24% over 2 yrs
2023$9.1mm2.02x-15%
2022$10.7mm2.37x-19%
2021$13.3mm2.95x+90%
2020$7mm1.55x-21%
2019$8.9mm1.98x+22%
2018$7.3mm1.62x+16%
2017$6.3mm1.39x+3%
2016$6.1mm1.35x+14%
2015$5.3mm1.18x+16%
2014$4.6mm1.02x+2%
2013$4.5mm1.00x–

Other funds from Spark Capital

All Spark Capital funds

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 805-1630982424. Data updated October 13, 2026.

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