---
title: "Venture Fund Form D Statistics: 289 New Funds in 8 Weeks, Median $28M"
author: "Muhammad Tayyab Shabbir"
last_updated: "2026-11-10"
data_as_of: "November 2026"
publisher: "The Investor Database"
source: "SEC Form D"
canonical: "https://theinvestordatabase.com/guides/form-d-filing-statistics/"
---

# Venture Fund Form D Statistics: 289 New Funds in 8 Weeks, Median Size $28M

By Muhammad Tayyab Shabbir. Last updated 10 Nov 2026. Data as of November 2026.

**289 new US venture funds filed a first Form D notice** in the 8 weeks to 6 Nov 2026, and the 196 that stated a size disclosed $13.1B between them. Across the 1,497 venture firms with a Form D filed since 1 Jul 2025, the **median latest fund is $28M**.

## Key takeaways

- 289 new venture funds in 8 weeks, about 32 a week. 196 stated a size, $13.1B in total.
- Half of all latest funds fall between $10M and $82M. The median is $28M.
- 634 of 1,497 latest filings (42%) give the offering amount as "Indefinite", so no target size is public for them.
- 1,127 of the latest filings are new notices and 370 are amendments to an earlier notice.
- These figures cover venture funds only. They are not statistics for every Form D filed with the SEC.

## How many new venture funds file a Form D each week?

Between 11 Sep 2026 and 6 Nov 2026, 289 funds filed a first notice. The table counts new notices only: amendments to older funds are left out. The first and last weeks may be part weeks.

| Week starting | New funds | Stated a size | Size disclosed | Median size |
|---|---|---|---|---|
| 2 Nov 2026 | 23 | 14 | $828M | $21M |
| 26 Oct 2026 | 28 | 14 | $1.5B | $33M |
| 19 Oct 2026 | 33 | 27 | $991M | $10M |
| 12 Oct 2026 | 35 | 29 | $2.8B | $53M |
| 5 Oct 2026 | 35 | 27 | $1.7B | $35M |
| 28 Sep 2026 | 49 | 30 | $1.7B | $17M |
| 21 Sep 2026 | 35 | 24 | $1.9B | $26M |
| 14 Sep 2026 | 43 | 24 | $1.0B | $14M |
| 7 Sep 2026 | 8 | 7 | $685M | $49M |

The full list of these funds, with the firm behind each one, is on [New VC funds this week](https://theinvestordatabase.com/new-vc-funds/).

## What is the median size of a venture fund on Form D?

$28M. That is the middle value of the latest fund for each of the 1,148 firms whose filing states a size. A quarter are under $10M and a quarter are over $82M.

| Latest fund size | Firms | Share |
|---|---|---|
| Under $10M | 239 | 21% |
| $10M to $25M | 266 | 23% |
| $25M to $50M | 180 | 16% |
| $50M to $100M | 191 | 17% |
| $100M to $250M | 164 | 14% |
| $250M to $1B | 101 | 9% |
| $1B and over | 7 | 1% |

## How often is the offering amount "Indefinite"?

In 634 of 1,497 latest filings (42%). Form D lets a fund state a total offering amount or mark it indefinite. Where it is indefinite we use the amount sold so far, if any.

| Where the fund size comes from | Firms | Share |
|---|---|---|
| Total offering amount | 863 | 58% |
| Amount sold so far (offering indefinite) | 285 | 19% |
| No size: indefinite and nothing sold yet | 349 | 23% |

## Are most filings new notices or amendments?

Taking the latest filing for each firm, 1,127 (75%) are new notices and 370 (25%) are amendments. A fund files a new notice within 15 days of its first sale and amends it each year while the offering stays open.

## Do funds file before or after their first sale?

127 of the 289 new funds (44%) gave a date of first sale. The other 162 filed with the first sale still to come. 42 funds stated a minimum investment above zero, with a median of $50k.

## Which states file the most new venture funds?

| State | New funds, last 8 weeks | Share |
|---|---|---|
| California | 108 | 37% |
| New York | 46 | 16% |
| Texas | 26 | 9% |
| Florida | 25 | 9% |
| Massachusetts | 12 | 4% |
| Maryland | 9 | 3% |
| New Jersey | 7 | 2% |
| Illinois | 6 | 2% |
| Colorado | 5 | 2% |
| Washington | 4 | 1% |

## How many fund vehicles does one firm file in a year?

Most firms file one. The count below includes feeder funds, parallel funds and other vehicles of the same fund, so it is a count of filings, not of funds raised.

| Vehicles filed in the last 12 months | Firms |
|---|---|
| 0 | 214 |
| 1 | 919 |
| 2 | 215 |
| 3 | 68 |
| 4 | 23 |
| 5 or more | 58 |

## Method and limits

- **Source:** SEC EDGAR Form D and Form D/A filings by pooled investment funds described as venture capital funds.
- **Scope:** 1,497 US venture firms with a filing between 1 Jul 2025 and 4 Nov 2026, and 289 new funds from 11 Sep 2026 to 6 Nov 2026.
- **Left out:** Single-deal vehicles, platform series vehicles, real estate, credit and hedge funds, funds under $3 million and non-US issuers.
- **Not held:** We do not hold the exemption claimed (506(b) or 506(c)) or the number of investors, so this page gives no figures for them.
- **Limits:** Form D shows what a fund set out to raise or had sold when it filed. It is not a final close, and it never names the fund's investors.
- **Refresh:** Weekly. Data as of November 2026.

## Questions

### How many new venture funds are filed each week?

About 32 a week on recent data: 289 new US venture funds filed a first Form D notice in the 8 weeks to 6 Nov 2026.

### What is the median venture fund size on Form D?

$28M, across the latest fund of 1,148 firms that stated a size. The middle half runs from $10M to $82M.

### What does "Indefinite" mean on a Form D?

The fund has not set a total offering amount. 42% of the latest venture fund filings we hold are marked that way.

### Does Form D show who invested in a fund?

No. Form D names the issuer, its executive officers, directors and promoters. It gives the number of investors, but never their names.

### Are these statistics for all Form D filings?

No. They cover venture capital funds only. Companies raising their own rounds, real estate funds, hedge funds and single-deal vehicles are outside this data.

### Can I see the funds behind these numbers?

Yes. Every new fund from the last 8 weeks is listed free on the [new funds page](https://theinvestordatabase.com/new-vc-funds/), with a link to its SEC filing.

**Get all 3,019 US investors and 9,951 named contacts, $197:** https://theinvestordatabase.com/buy/us. One-time payment. No subscription. No account. Or get the [free sample file](https://theinvestordatabase.com/#sample) (100 investors) first.

## Related

- [How many VC firms are in the US](https://theinvestordatabase.com/guides/how-many-venture-capital-firms-in-the-us/)
- [New venture funds and capital raised by state](https://theinvestordatabase.com/guides/venture-capital-fundraising-by-state/)
- [How to read a Form D](https://theinvestordatabase.com/guides/how-to-read-a-form-d/)
- [Form D glossary](https://theinvestordatabase.com/guides/form-d-glossary/)
- [Venture capital firms in the US (2,975)](https://theinvestordatabase.com/lists/venture-capital-firms-us/)
- [Active venture capital firms in the US (1,574)](https://theinvestordatabase.com/lists/active-venture-capital-firms-us/)
- [Venture capital firms by state](https://theinvestordatabase.com/venture-capital-firms-by-state/)
- [How to build an investor list](https://theinvestordatabase.com/guides/how-to-build-an-investor-list/)
- [What is in the investor database](https://theinvestordatabase.com/investor-database/)
- [Investor matching tool](https://theinvestordatabase.com/investor-matching-tool/)

## Cite this page

Muhammad Tayyab Shabbir, "Venture Fund Form D Statistics: 289 New Funds in 8 Weeks, Median Size $28M", The Investor Database, 10 Nov 2026. https://theinvestordatabase.com/guides/form-d-filing-statistics/

The figures and tables on this page may be quoted or republished with a link to this page (CC BY 4.0). The contact data in the paid files is not covered.