Limited Partners
Invest Alongside
the Best Founders
NovaFund's LP base includes endowments, family offices, foundations, and select high-net-worth individuals who share our long-term vision for technology investing.
Fund performance
As of Q1 2026, our fund continues to deliver strong returns through disciplined investment strategy and active portfolio support.
27.3%
Fund IRR
Since inception
2.8x
TVPI
Multiple on invested capital
1.4x
DPI
Realized returns
63
Portfolio Companies
Active investments
Our Funds
NovaFund I
Fully Deployed
Vintage
2015
Fund Size
$180M
Net IRR
34.2%
TVPI
3.8x
Companies
22
NovaFund II
Fully Deployed
Vintage
2018
Fund Size
$450M
Net IRR
28.7%
TVPI
2.6x
Companies
34
NovaFund III
Investing
Vintage
2022
Fund Size
$820M
Net IRR
—
TVPI
1.4x (unrealized)
Companies
31
Why NovaFund
The NovaFund Advantage
Proven Track Record
Two fully realized funds with top-quartile returns in global VC benchmarks.
Rigorous Diligence
Every investment undergoes a structured diligence process with IC review and independent legal counsel.
Operator-Driven
Our partners have founded, scaled, and exited companies — providing unique insights into founder challenges.
Diversified Exposure
Balanced sector exposure across deep tech, climate, fintech, and future of work — mitigating concentration risk.
Our Investing
Interested in Investing?
NovaFund III is currently accepting commitments from qualified institutional and accredited investors. Minimum commitment: $2M.
Investment terms
Our fund structure is designed to align incentives between limited partners and the management team, with transparent terms and competitive economics.
Fund Size
$250M
Investment Range
$2M - $15M
Target Ownership
10% - 20%
Fund Life
10 years
Management Fee
2.0%
Carried Interest
20%
Secure access
All investor documents and data are protected with bank-level encryption and multi-factor authentication.
Confidentiality
We maintain strict confidentiality protocols for all limited partner information and fund performance data.