Susa Ventures II, L.P.
Susa Ventures · adviser of record: Susa Ventures Management, LLC · 2016 vintage
Susa Ventures II, L.P. is a 2016 venture fund managed by Susa Ventures, with $50mm raised (Form D, amount sold). It reported $148mm in gross assets at year-end 2025, 2.95x its size, against a peak of $205mm in 2022.
- Latest value held
- $148mm year-end 2025
- Peak
- $205mm year-end 2022
- Fund size
- $50mm Form D, amount sold
- Held vs. size
- 2.95x peak 4.10x
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 | $148mm | 2.95x | -18% over 2 yrs |
| 2023 | $180mm | 3.60x | -12% |
| 2022 | $205mm | 4.10x | +8% |
| 2021 | $189mm | 3.79x | +109% |
| 2020 | $90.8mm | 1.82x | +43% |
| 2019 | $63.6mm | 1.27x | +22% |
| 2018 | $52.3mm | 1.05x | +10% |
| 2017 | $47.7mm | 0.95x | -3% |
| 2016 | $49.1mm | 0.98x | – |
Other funds from Susa Ventures
- Susa Ventures STORD1, LLC 2022
- Susa Opportunities II, L.P. 2021
- Susa Ventures IV, L.P. 2021
- Susa Opportunities Founders II, L.P. 2021
- Humba I, L.P. 2021
- Susa Ventures Founders IV, L.P. 2021
- Susa Ventures LU1, LLC 2019
- Susa Ventures FP3 FF, LLC 2019
- Susa Ventures FP2, LLC 2019
- Susa Ventures FP3, LLC 2019
- Susa Ventures FP2 FF, LLC 2019
- Susa Ventures Founders III, 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 805-1710208738. Data updated October 13, 2026.
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