Venture Core
ActiveChicago, ILHealthcare, Manufacturing, BankingLast fund filed September 2025
2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Venture Core Fund XII | September 2025 | Indefinite | $142M | 20 |
| Venture Core Fund XII (Offshore) | September 2025 | Indefinite | $7.5M | 3 |
| VENTURE CORE FUND XI (OFFSHORE) | October 2023 | Indefinite | $20M | 1 |
| VENTURE CORE FUND XI | June 2023 | Indefinite | $241M | 18 |
| VENTURE CORE FUND X | December 2021 | Indefinite | $233M | 20 |
| VENTURE CORE FUND IX | February 2020 | Indefinite | $126M | 10 |
| VENTURE CORE FUND VIII | May 2018 | Indefinite | $83M | 4 |
| VENTURE CORE FUND VII | September 2016 | Indefinite | $72M | 4 |
| VENTURE CORE FUND VI | November 2014 | Indefinite | $67M | 4 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
5 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Andrew SmithNot on the current fund | Active | None listed | 30 | 6 |
| Stephen MillerNot on the current fund | Active | Food & agriculture, E-commerce & marketplaces, Education | 31 | 6 |
| Robert Morgan | Slowing | Fintech, Climate & energy, HR & future of work | 8 | 1 |
| James McDonaldNot on the current fund | Quiet | Manufacturing & industrials | 6 | 0 |
| Justin Redeker | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of Venture Core’s own portfolio companies, based on 56 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Venture Core’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Addition Five | 1 | JAND |
| Addition Four | 1 | JAND |
| Addition One | 1 | JAND |
| Addition Six | 1 | JAND |
| Addition Three | 1 | JAND |
| Addition Two | 1 | JAND |
| AI2 Incubator | 1 | 2ND WATCH HOLDING COMPANY |
| Bear Coast | 1 | JAND |
| Elephant Partners | 1 | JAND |
| GC | 1 | JAND |
| General Catalyst | 1 | JAND |
| Madrona Venture Group | 1 | 2ND WATCH HOLDING COMPANY |
| Menlo Ventures | 1 | GLYMPSE |
| Riverwood Capital | 1 | MG-International Smoke |
| Tiger Global | 1 | JAND |
A shared board seat: a company where filings name a Venture Core partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.