Evolution

Evolution last closed a fund in February 2026 — 7 months ago.

Deploying  This firm closed a fund recently and has capital to put to work.

Funds on file
6
Single-deal SPVs
6
Capital raised
$2.69B+
Latest close
February 2026
Based in
CA, NY, WA, non-US

Vehicles on file

VehicleFirst closeAmount
Evolution Technology Fund IV, L.P.February 2026not stated
Evolution Technology Fund III, L.P.June 2022$900M
EVOLUTION SPECIAL OPPORTUNITY FUND I, L.P.September 2018$198M
EVOLUTION FUND I, L.P.September 2018$396M
Evolution Ventures LPnot stated
Evolution Ventures 2 LPnot stated
IN-1212 Fund II, a series of Evolution Master Partnership, LP (single-deal SPV)January 2026$75,000
RE-0424 Fund I, a series of Evolution Master Partnership, LP (single-deal SPV)July 2024$81,600
KN-0829 Fund I, a series of Evolution Master Partnership, LP (single-deal SPV)October 2023$136,440
BE Fund I, a series of Evolution Master Partnership, LP (single-deal SPV)May 2022$108,500
IN Fund I, a series of Evolution Master Partnership, LP (single-deal SPV)March 2022$83,500
TH Fund I, a series of Evolution Master Partnership, LP (single-deal SPV)February 2022$111,500

2 of these filed no amount (an “Indefinite” offering), so the total above is a floor.

Named on filings

Dennis Smith, J.R. Smith, Karel Obluk, Karthik Subramanian, LIMITED MSVC GP, LLC Fund GP,, Ltd. Belltower Fund Group, Ltd. Belltower Fund Group,

Dated from filing date; no date of first sale was reported.

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.

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. Roughly 40% of venture rounds are raised under exemptions that carry no filing obligation, so a firm that does not file 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.