Vvus SPV 1, LP
Vertex Ventures US · adviser of record: HC Capital Management, LLC · 2020 vintage
Vvus SPV 1, LP is a 2020 venture fund managed by Vertex Ventures US, with $38.1mm raised (Form D, amount sold). It reported $5.6mm in gross assets at year-end 2025, 0.15x its size, against a peak of $38.1mm in 2020.
- Latest value held
- $5.6mm year-end 2025
- Peak
- $38.1mm year-end 2020
- Fund size
- $38.1mm Form D, amount sold
- Held vs. size
- 0.15x peak 1.00x
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 | $5.6mm | 0.15x | -66% over 2 yrs |
| 2023 | $16.6mm | 0.43x | -0% |
| 2022 | $16.6mm | 0.44x | -50% |
| 2021 | $32.9mm | 0.86x | -13% |
| 2020 | $38.1mm | 1.00x | – |
Other funds from Vertex Ventures US
- Vertex Ventures US Fund III, L.P. 2021
- Vvus SPV 2, LP 2021
- Vertex Ventures Collaborators Fund III, L.P. 2021
- Vvus SPV 3, LP 2021
- Vertex Ventures US Fund II, L.P. 2018
- Vertex Ventures Collaborators Fund II, L.P. 2018
- Vertex Ventures US Fund I, L.P. 2014
- Vertex Ventures Collaborators Fund I, L.P. 2014
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 805-2234553488. Data updated October 13, 2026.
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