Crosscut Ventures
Also known as CrossCut Ventures, Crosscut
Los Angeles, United States Founded 2008 crosscut.vc Los Angeles ecosystem (#3 of 32)
Crosscut Ventures’s latest fund is Crosscut Ventures VI: $100M, 2024, #242 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2017 | $125M |
| 2024 | $100M |
Updates from Crosscut Ventures
Overview
Sixth fund refocused on frontier tech (energy, space, advanced manufacturing, defense). Fifth fund size not independently verified.
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| Crosscut Ventures VI | 2024 | $100M | techcrunch.com |
| Crosscut Ventures IV | 2017 | $125M | techcrunch.com |
LPs on the record
1 private foundation lists on their latest IRS Form 990-PF, and 1 other LP reports holding Crosscut Ventures’s funds.
- Employees' Retirement System of the State of Hawaii (HIERS)
- John D and Catherine T Macarthur Foundation
Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Crosscut Ventures, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
Find LPs for Crosscut Ventures and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| CrossCut 5 | 2020 | N/M | — | — | Employees' Retirement System of the State of Hawaii (HIERS) | |
| CrossCut 4 | 2017 | N/M | — | — | Employees' Retirement System of the State of Hawaii (HIERS) |
Employees' Retirement System of the State of Hawaii (HIERS): HIERS Private Equity Partnerships: Performance Summary by Investment, as of March 31, 2026. ERS posts a quarterly "Performance Summary by Investment" of its private equity partnerships in which only "Capital Committed", "Paid-In Capital" and "Reported Market Value" (with the date of that value) are filled in; the Capital Distributed, Remaining Cost, Net IRR and TVM columns are empty in the published version. So committed, paid-in and market value are shown, in whole US dollars as printed, and distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. The report says paid-in capital includes both commitment and non-commitment reducing capital calls, that cash flows are HIERS' actual cash paid and received, and that market values reflect HIERS' unrealized interest in each investment. "Vintage Year" is as printed. All 371 investments are included as ERS classifies them by strategy (61 Buyout - Large, 42 Buyout - Mega, 59 Buyout - Mid, 13 Buyout - Small, 3 Co/Direct Investment, 6 Distressed Debt, 40 Growth Equity, 10 Mezzanine, 2 Secondaries, 10 Special Situations, 125 Venture Capital), in the report's blocks: Core (334), Stafford Capital Management - 1 (8), Stafford Capital Management - 2 (11), Stafford Capital Management - 3 (17), Stafford Ho'oulu Fund (1); the Stafford Capital Management blocks list the partnerships held through the Hawaii Targeted Investment Program funds (HiTIP I, II and III) that ERS's Holdings page also reports separately. They add up to the printed Grand Total of $8,371,769,464 committed, $6,707,086,129 paid in and $5,197,639,074 reported market value. 114 investments have no remaining value (liquidated, or not yet called), shown as 0; 9 others carry a value dated before the report date. Each page of the report carries the legend "Institutional Use Only/Not for Public Use | Proprietary and Confidential"; this is the version ERS itself posts on its Holdings page. ERS's separate private credit, real assets and timber reports are not imported. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.