Venture Capital Dashboard

Portfolio Performance & NAV Intelligence — Meridian Ventures Fund II

2018 Vintage 28.4% IRR
As of
Dec 31, 2024
Fund TVPI
2.34x
+0.18x QoQ
DPI
0.61x
+0.09x QoQ
Fund IRR
28.4%
Top Quartile
Active Positions
23
3 Exits YTD
Reserve Ratio
1.42x
-0.08x QoQ
Median Rev Growth
47%
YoY Weighted

Gross MOIC Distribution (Position-Level)

TVPI by Vintage Cohort & Sector

SaaS
FinTech
HealthTech
DeepTech
Consumer
2017
3.1x
2.2x
2.8x
1.1x
1.9x
2018
4.2x
2.7x
2.1x
3.3x
1.6x
2019
2.9x
2.0x
1.8x
0.9x
0.7x
2020
1.7x
1.5x
2.4x
1.3x
0.6x

DPI Progression vs. Fund Age

Ownership Dilution by Position

Reserve Adequacy by Sector

Unrealized vs. Realized Value

Portfolio Revenue Growth Distribution

Portfolio Position Detail

Company Sector Vintage Invested Current FMV MOIC Ownership Rev Growth Status
Nucleus AI SaaS 2018 $4.2M $63.0M 15.0x 8.2% +124% Outperformer
ClearRoute FinTech FinTech 2018 $6.8M $54.4M 8.0x 11.5% +89% Outperformer
VitalCare Health HealthTech 2019 $5.5M $27.5M 5.0x 9.8% +67% Core
DataStream Analytics SaaS 2017 $3.9M $15.6M 4.0x 7.3% +52% Core
QuantumEdge Materials DeepTech 2018 $7.2M $23.8M 3.3x 14.2% +34% Core
PayFlow Solutions FinTech 2019 $4.1M $11.5M 2.8x 8.9% +41% Watch
ShopLocal Marketplace Consumer 2020 $5.3M $9.0M 1.7x 12.1% +28% Watch
NeuroTech Diagnostics HealthTech 2020 $6.0M $7.8M 1.3x 10.5% +19% Watch

Fund IRR vs. Cambridge Associates Benchmark

Follow-On Investment Rate

Lead Investor Follow-On 68%
Participation Follow-On 42%
Write-Down Rate 4.2%
% of Invested Capital
Write-Off Rate 1.8%
% of Invested Capital