YC II, L.P.
Y Combinator · adviser of record: Y Combinator Management, LLC · 2017 vintage
YC II, L.P. is a 2017 venture fund managed by Y Combinator. It reported $7.8bn in gross assets at year-end 2025, its highest reported value.
- Latest value held
- $7.8bn year-end 2025
- Peak
- $7.8bn year-end 2025
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $7.8bn | – | +84% over 2 yrs |
| 2023 | $4.2bn | – | -0% |
| 2022 | $4.3bn | – | +272% |
| 2021 | $1.15bn | – | -21% |
| 2020 | $1.44bn | – | +61% |
| 2019 | $899mm | – | +239% |
| 2018 | $265mm | – | -42% |
| 2017 | $453mm | – | – |
Other funds from Y Combinator
- YCCG21, L.P. 2021
- YC ESP22, L.P. 2021
- Y Combinator ES20, LLC 2020
- YCC20, L.P. 2020
- YC III, L.P. 2017
- Y Combinator Continuity Fund I, L.P. 2015
- Ycvc Fund I, L.P. 2013
- Y Combinator Fund I, LP 2013
- Y Combinator Fund II, LP 2013
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 805-5993086799. Data updated October 13, 2026.
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