Form D · Other Investment Fund

Top Tier Venture Capital XI, L.P.

San Francisco, CA · CIK 0002007900

Offering snapshot reported Apr 3, 2026 · SEC filing

Reported sold: $262M
Investors reported: 23
Minimum accepted: $0
First sale: Apr 4, 2024

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$232,750,000 → $262,400,000
Reported investors14 → 23

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 3, 2026	Amendment	$262,400,000	$29,650,000vs Apr 4, 2025	23	SEC filing
Apr 4, 2025	Amendment	$232,750,000	No comparison	14	SEC filing
Apr 3, 2024	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-509548

The "Total Amount Sold" reflects limited partner interests sold by the Issuer and its feeder fund, Top Tier Venture Capital XI Feeder, L.P.

Source: Form D, filed Apr 3, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

TOP TIER VENTURE CAPITAL XI, LP

Investment adviser: TOP TIER CAPITAL PARTNERS, LLC

Gross asset value: $260M
Beneficial owners: 22
ADV minimum commitment: $10M

Reported in Form ADV on Sep 22, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STANDISH MANAGEMENT US, LLC WALNUT CREEK, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP SAN FRANCISCO, California, United States

Custodian BANC OF CALIFORNIA LOS ANGELES, California, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer SANGSANGIN INVESTMENT & SECURITIES CO., LTD GYEONGGI-DO, Korea, South Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Filing source

Form ADV 2133981 · Sep 22, 2026 · Schedule D 7.B.(1), fund 805-8156026060

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Top Tier Venture Capital V, L.P.	Apr 10, 2012	$200,252,000	8
Top Tier Venture Capital VI, L.P.	Mar 17, 2014	$243,939,394	7
Top Tier Venture Capital VII, L.P.	Jan 15, 2016	$348,888,888	7
Top Tier Venture Capital VIII, L.P.	Oct 12, 2018	$379,494,950	15
Top Tier Venture Capital IX, L.P.	Jan 7, 2021	$428,454,545	22
Top Tier Venture Capital X, L.P.	Jul 7, 2023	$564,550,000	74
Top Tier Venture Capital XI, L.P. (this fund)	Apr 3, 2026	$262,400,000	23

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Jessica Archibald	Director
Sean Engel	Director
Eric Fitzgerald	Director
Garth A.L. Timoll, Sr.	Director
N/A Top Tier Capital Partners, Llc	Promoter
N/A Top Tier Venture Capital 2023 Gp, Llc	Promoter
N/A Top Tier Venture Capital Xi Management, L.P.	Promoter
David A. York	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

650 California Street, Suite 2200
San Francisco, CA, 94108