Breakout Ventures
Breakout Ventures last closed a fund in April 2025 — 19 months ago. By its own rhythm, that is not yet halfway to the next one.
Breakout Ventures has raised 3 times about every 47 months. The last was Breakout Ventures III-B, L.P. That points to Mar 2029.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 5
- Capital raised
- $226M+
- Latest close
- April 2025
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Breakout Ventures III-B, L.P. | April 2025 | $12M | 0002072265 ↗ |
| Breakout Ventures III, L.P. /DE | May 2024 | $102M | 0002021362 ↗ |
| Breakout Ventures III, L.P. | May 2024 | not stated | 0002021361 ↗ |
| Breakout Ventures II, L.P. | January 2021 | $112M | 0001840097 ↗ |
| BREAKOUT VENTURES, L.P. | July 2016 | not stated | 0001674706 ↗ |
2 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Julia Moore, Lynn Fishburne, Lindy Fishburne, Juila Moore
What Breakout Ventures invests in
- Typical fund
- $102M median, early stage, Series A-B scale
- Website
- breakout.vc
Service providers
- Fund administrator
- Aduro (4 funds)
- Auditor
- BDO (3 funds), Frank Rimerman (1 fund)
From Form ADV filed by BREAKOUT MANAGEMENT, LLC CRD 286227 ↗, latest filing March 2026, covering 4 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.