Iterative Fund
Iterative Fund last closed a fund in October 2024 — 25 months ago. By its own rhythm, that is inside the window where it usually raises again.
Iterative Fund has raised 3 times about every 26 months. The last was Iterative Fund III, LP. That points to Dec 2026 — it is inside its window now.
Historically about 1 in 4 firms in this position 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.
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
- 3
- Single-deal SPVs
- 10
- Capital raised
- $119M
- Latest close
- October 2024
- Based in
- WA, non-US
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Iterative Fund III, LP | October 2024 | $50M | 0002142049 ↗ |
| ITERATIVE FUND II, LP | July 2022 | $58M | 0001938228 ↗ |
| Iterative Fund I, LP | June 2020 | $10M | 0001815754 ↗ |
| WI-0522 Fund I, a series of Iterative Venture, LP | June 2024 | $260,000 | 0002024681 ↗ |
| YO-0428 Fund II, a series of Iterative Venture, LP | June 2024 | $129,160 | 0002023098 ↗ |
| YO Fund I, a series of Iterative Venture, LP | January 2022 | $274,807 | 0001907361 ↗ |
| IG Fund I, a series of Iterative Venture, LP | December 2021 | $190,000 | 0001903024 ↗ |
| LO Fund I, a series of Iterative Venture, LP | November 2021 | $98,000 | 0001895844 ↗ |
| KI Fund I, a series of Iterative Venture, LP | November 2021 | $207,997 | 0001892514 ↗ |
| EA Fund I, a series of Iterative Venture, LP | September 2021 | $129,600 | 0001885348 ↗ |
| UP Fund I, a series of Iterative Venture, LP | September 2021 | $82,021 | 0001885215 ↗ |
| CO Fund I, a series of Iterative Venture, LP | September 2021 | $140,000 | 0001884449 ↗ |
| CH Fund I, a series of Iterative Venture, LP | August 2021 | $84,750 | 0001879022 ↗ |
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
Brian Ma
What Iterative Fund invests in
- Typical fund
- $50M median, seed to early stage
- Says it invests in
- climate/energy · industrial/supply chain
- Cheque size, in its words
- $
- Website
- iterative.vc
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- AngelList (Belltower) (12 funds)
- Auditor
- Sensiba (2 funds)
From Form ADV filed by PLATFORM ADVISOR, LLC CRD 167700 ↗, latest filing June 2026, covering 12 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.