Lucas Venture
Lucas Venture last closed a fund in December 2025 — 11 months ago. By its own rhythm, that is not yet halfway to the next one.
Lucas Venture has raised 6 times about every 29 months. The last was Lucas Venture Group LI, LLC. That points to May 2028.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 17
- Capital raised
- $42M
- Latest close
- December 2025
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Lucas Venture Group LI, LLC | December 2025 | $1M | 0002103830 ↗ |
| Lucas Venture Group XLIX, LLC | June 2025 | $530,000 | 0002075223 ↗ |
| Lucas Venture Group L, LLC | May 2025 | $410,000 | 0002070841 ↗ |
| Lucas Venture Group XLVIII, LLC | June 2024 | $275,000 | 0002032111 ↗ |
| Lucas Venture Group XLVII, LLC | April 2024 | $350,000 | 0002023381 ↗ |
| Lucas Venture Group XLVI, LLC | March 2024 | $2M | 0002021395 ↗ |
| Lucas Venture Group XLIV, LLC | January 2024 | $500,000 | 0002021373 ↗ |
| Lucas Venture Group XLV, LLC | January 2024 | $2M | 0002021371 ↗ |
| Lucas Venture Fund II, LP | June 2023 | $5M | 0001983617 ↗ |
| Lucas Venture Group XLIII, LLC | May 2022 | $1M | 0002069854 ↗ |
| Lucas Venture Group XXXIX, LLC | February 2022 | $1M | 0002032231 ↗ |
| Lucas Venture Group XXXVII LLC | June 2021 | $2M | 0002024384 ↗ |
| Lucas Venture Fund I, LP | March 2021 | $15M | 0001849525 ↗ |
| Lucas Venture Group XXIX, LLC | June 2019 | $1M | 0002075222 ↗ |
| Lucas Venture Group V, L.P. | February 2016 | $2M | 0001666649 ↗ |
| Lucas Venture Group IV, L.P. | September 2013 | $5M | 0001588126 ↗ |
| Lucas Venture Group IX, LLC | September 2011 | $2M | 0001529801 ↗ |
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
Sarah Lucas, Jack Lucas, Donald Lucas
What Lucas Venture invests in
- Typical fund
- $1M median, pre-seed / seed scale
- Website
- lucasvg.com
Service providers
- Fund administrator
- Carta (4 funds)
- Auditor
- Not on file
From Form ADV filed by LUCAS VENTURE MANAGEMENT LLC CRD 341813 ↗, 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.