VC Fund Performance Calculator
Our calculator produces percentile scores across vintage years by combining performance data from hundreds of recent venture capital funds.
The percentile score is based on a fund's effective duration rather than its vintage year. A fund's effective duration changes if it has invested faster or slower than its vintage-year peers. Read more about why we created the calculator on our blog.
You can enter your own fund's net TVPI and net IRR values or to see the percentile score of an equal-weighted pool of every fund on AngelList.

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Data Sources
We used our own proprietary data as well as data from external sources, including publicly available disclosures and benchmarks.

Want to share your fund's performance? Get in touch with us at [email protected].

This tool does not use data from, and will not produce accurate results for certain portfolios and fee structures including growth equity funds, funds that focus on fast distributions to LPs, and fund-of-funds that invest in many different venture funds such as AngelList's broadly indexed managed funds. More recent funds with an effective duration of shorter than three years may see substantial near-term volatility in their performance percentile.

Data was last updated and is valid up to January 23, 2024.

Disclosures

Fund performance values presented on this page represent estimates of current value prepared in accordance with the methodologies described below.

An "equal-weighted pool of every fund on AngelList" corresponds to the returns net of fees of having invested an equal amount into every fund on AngelList with each investment paid in when those funds called capital.

Certain external data is sourced from PitchBook Data, Inc. PitchBook retains sole ownership over any PitchBook content incorporated into this work product.

This tool and the information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction. Past performance is not indicative of future returns.

While AngelList's fund performance sources are believed to be reliable, we do not undertake to verify the accuracy of such sources.

This summary is not intended to be a complete description of our fund performance valuation methodologies. For details of our fund performance valuation policy, please contact us.

Methodology