vcspine

Engine

Engine last closed a fund in June 2023 — 41 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Late-cycle  This firm is deep enough into its last fund that a new one would not be a surprise.

Still filing with the SEC: August 2026. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.

Funds on file
4
Single-deal SPVs
9
Capital raised
$848M+
Latest close
June 2023
Based in
MA

Vehicles on file

VehicleFirst closeAmount Filings
Engine Fund III, L.P.June 2023$398M0001976988 ↗
Engine Follow-on Fund I, L.P.November 2021$150M offered0001892258 ↗
Engine Fund II, L.P.March 2021$300M0001806776 ↗
Engine Accelerator Fund I, L.P.—not stated0001702763 ↗
Engine Fund I SPV-J, LLC (single-deal SPV)August 2026$25M0002148721 ↗
Engine Fund I SPV-I, LLC (single-deal SPV)August 2026$3M0002148963 ↗
Engine Fund I SPV-H, LLC (single-deal SPV)July 2026$2M0002141978 ↗
Engine Fund I SPV-G, LLC (single-deal SPV)June 2026$10M0002141631 ↗
Engine Fund I SPV-F, LLC (single-deal SPV)February 2025$10M offered0002056702 ↗
Engine Fund I SPV-E, LLC (single-deal SPV)October 2024$6M offered0002037002 ↗
Engine Fund I SPV-D, LLC (single-deal SPV)December 2023$14M0002003890 ↗
Engine Fund I SPV-B, LLC (single-deal SPV)October 2021$10M0001882806 ↗
Engine Fund I SPV-A, LLC (single-deal SPV)November 2020$10M0001832233 ↗

1 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

Katie Rae, Israel Ruiz

What Engine invests in

Typical fund
$300M median, multistage
Median of this firm’s filed fund sizes on Form D.
Website
engineventures.com
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
Aduro (6 funds)
Auditor
Frank Rimerman (2 funds)

From Form ADV filed by FWH MANAGEMENT COMPANY, LLC CRD 327296 ↗, latest filing March 2026, covering 6 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.