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Bison Ventures Fund 2 closes $160.37M venture fund in San Francisco

Fund raise update · Venture capital · Closed · SAN FRANCISCO, CA · Form D/A filed 2026-10-19 · sponsor: Bison Ventures · all Bison Ventures vehicles

Bison Ventures Fund 2, L.P., a Delaware-formed venture capital fund, has closed its $160.37M offering as of March 31, 2025. The fund is structured under Regulation D exemptions 3(c)(7) for institutional investors and operates with 100 investors at full capacity.

$100M+ sold3(c)(7) — qualified purchasersCapital closing nowVenture capital

How this compares

  • $160.4M is larger than 99% of the 7,726 venture capital fund launches with a stated size in the last two years; the median is $1.1M.
  • Among 1,633 fund launches filed from CA in the same window it is larger than 84%; the CA median is $19M.
  • Across 444 venture capital sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 3 months.
  • This is the sponsor's 2nd fund launch on EDGAR; the previous one, Bison Ventures Fund 2, L.P., was filed 19 months earlier at $175M.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose from $148.1M to $160.4M (+$12.3M, +14 investors) in 178 days since the previous filing.

FiledFormSoldInvestorsChange
2025-03-28D$00
2026-04-24D/A$148.1M86+$148.1M
2026-10-19D/A$160.4M100+$12.3M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

Bison Ventures on EDGAR

Earlier and related filings by the same issuer and sponsor. All Bison Ventures vehicles →

People on the filing

N/A N/A Bison Ventures Fund 2 GP, LLCDirector
Ben HemaniDirector
Tom BiegalaDirector

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Ben Hemani, Managing Director of the General Partner of the Issuer.

Why now — by persona

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Filing contact

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