Wonder
Wonder last closed a fund in July 2026 — 4 months ago. By its own rhythm, that is barely into the cycle.
Wonder has raised 5 times about every 23 months. The last was Wonder Ventures V, L.P. That points to Jun 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
- 16
- Single-deal SPVs
- 2
- Capital raised
- $223M+
- Latest close
- July 2026
- Based in
- CA, WA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Wonder Ventures V, L.P. | July 2026 | not stated | 0002143525 ↗ |
| Wonder Ventures Inflection II, L.P. | July 2026 | not stated | 0002143524 ↗ |
| Wonder Fund VI LLC | February 2026 | $12M | 0002112136 ↗ |
| Wonder Fund IV-A LLC | April 2024 | $3M | 0002019127 ↗ |
| Wonder Fund V LLC | April 2024 | $15M | 0002019123 ↗ |
| Wonder Fund IV LLC | February 2024 | $9M | 0002013750 ↗ |
| Wonder Ventures IV Sidecar, L.P. | December 2023 | $1M | 0002005285 ↗ |
| Wonder Ventures Inflection I, L.P. | September 2022 | $44M | 0001946148 ↗ |
| Wonder Ventures IV, L.P. | September 2022 | $55M | 0001946157 ↗ |
| Wonder Fund III LLC | May 2022 | $15M | 0001929545 ↗ |
| Wonder Fund II LLC | May 2021 | $7M | 0001860486 ↗ |
| Wonder Fund I LLC | May 2021 | $13M | 0001860510 ↗ |
| Wonder What Opportunity I, LLC | January 2021 | $2M | 0001844651 ↗ |
| Wonder Ventures III Sidecar, L.P. | January 2021 | $2M | 0001826656 ↗ |
| Wonder Ventures II, L.P. | June 2017 | $15M | 0001708977 ↗ |
| Wonder Ventures III, L.P. | — | $30M | 0001804581 ↗ |
| SH Fund I, a series of Wonder Ventures Funds, LP | June 2021 | $77,500 | 0001870792 ↗ |
| Wonder Coinvest, LP | March 2019 | $94M | 0001773252 ↗ |
2 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
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
Dustin Rosen, Michael Wargel, Damian Giangiacomo, Daniel Flesh
What Wonder invests in
- Typical fund
- $13M median, pre-seed / seed scale
- Website
- nexuslp.com
Service providers
- Fund administrator
- Carta (7 funds), Aduro (3 funds), Northern Trust (2 funds)
- Auditor
- Deloitte (2 funds), Weaver (2 funds)
From Form ADV filed by WONDER FUND MANAGEMENT LLC CRD 314900 ↗, latest filing June 2026, covering 13 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.