The Engine Fund I SPV-D, LLC
The Engine · adviser of record: FWH Management Company, LLC · 2023 vintage
The Engine Fund I SPV-D, LLC is a 2023 venture fund managed by The Engine, with $14mm raised (Form D, amount sold). It reported $11.3mm in gross assets at year-end 2025, 0.80x its size, its highest reported value.
- Latest value held
- $11.3mm year-end 2025
- Peak
- $11.3mm year-end 2025
- Fund size
- $14mm Form D, amount sold
- Held vs. size
- 0.80x peak 0.80x
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 | $11.3mm | 0.80x | +24% over 2 yrs |
| 2023 | $9.1mm | 0.65x | – |
Other funds from The Engine
- The Engine Fund III, L.P. 2022
- The Engine Follow-On Fund I, L.P. 2021
- 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 805-5562700132. Data updated October 13, 2026.
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