Watershed Thrasio SPV, LLC
Watershed Collective · adviser of record: Watershed Collective LLC · 2021 vintage
Watershed Thrasio SPV, LLC is a 2021 venture fund managed by Watershed Collective, with $1.2mm raised (Form D, amount sold). It reported $20k in gross assets at year-end 2025, 0.02x its size, against a peak of $1.1mm in 2023.
- Latest value held
- $20k year-end 2025
- Peak
- $1.1mm year-end 2023
- Fund size
- $1.2mm Form D, amount sold
- Held vs. size
- 0.02x peak 0.98x
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 | $20k | 0.02x | -98% over 2 yrs |
| 2023 | $1.1mm | 0.98x | – |
Other funds from Watershed Collective
- Watershed Fund I, LP 2021
- Watershed SPV XI, LLC 2021
- Watershed SPV XIII, LLC 2021
- Watershed SPV I, A Series Of Watershed SPVS LLC 2020
All Watershed Collective 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 805-3286187722. Data updated October 13, 2026.
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