The Engine Follow-On Fund I, L.P.
The Engine · adviser of record: FWH Management Company, LLC · 2021 vintage
The Engine Follow-On Fund I, L.P. is a 2021 venture fund managed by The Engine, with $150mm raised (Form D, amount sold). It reported $217mm in gross assets at year-end 2025, 1.44x its size, its highest reported value.
- Latest value held
- $217mm year-end 2025
- Peak
- $217mm year-end 2025
- Fund size
- $150mm Form D, amount sold
- Held vs. size
- 1.44x peak 1.44x
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 | $217mm | 1.44x | +63% over 2 yrs |
| 2023 | $133mm | 0.89x | -1% |
| 2022 | $134mm | 0.90x | -1% |
| 2021 | $135mm | 0.90x | – |
Other funds from The Engine
- The Engine Fund I SPV-D, LLC 2023
- The Engine Fund III, L.P. 2022
- The Engine Fund I SPV-C, LLC 2021
- The Engine Fund I SPV-B, LLC 2021
- The Engine Fund II, L.P. 2020
- The Engine Fund I SPV-A, LLC 2020
- The Engine Accelerator Fund I, L.P. 2016
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 805-1408897841. Data updated October 13, 2026.
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