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The Ultimate Guide to Raise a Venture Capital Fund

Everything Emerging Fund Managers Need to Know to Raise Capital from LPs in 2025: 14 VC Decks that Raised +500M, 3,000 LPs Database and new funds

Guillermo Flor's avatar
Guillermo Flor
Oct 11, 2025
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Raising a new venture fund in 2025 is a different game than it was just a few years ago.

Global VC fundraising peaked in 2021–2022 at over $385B across 4,500 funds. By Q3 2025, only $80B has been raised across 823 funds the lowest in a decade and less than a quarter of 2022 levels.

Raising a new VC fund is hardest than ever, but the best managers are still able to do it. How do they do it?

In this guide, I share the best resources out there to learn how to raise a VC fund, who to fundraise from and how the best do it.

Below, you’ll find a comprehensive list of resources to raise your VC Fund:

  1. How to Raise from LPs full Guide (with real life examples)

  2. How to Craft a Winning LP Pitch Deck

  3. 14 VC Decks of that Raised + $500M from LPs (decks from Not Boring, Wischoff Ventures, etc)

  4. A curated database of 3,000 LP investors with websites, deal size, LinkedIn, and more

  5. 6. The full list of the newest 125 VC funds raised in the last 5 months


Subscribe now (possibility of taking the free trial) to unlock The Ultimate Guide to Raise a Venture Capital Fund and get ahead in your fundraising journey.

You can take advantage of a limited 25% discount as we celebrate reaching 80k subs.

With the subscription, you will also get full access to:

Other resources you’ll be able to access with PMF’s premium subscription:

💰The Family Office List

💰The Angel Investor List

The 12 Tactics Behind Lovable’s Insane Growth to $50M ARR

𝐓𝐡𝐞 𝐑𝐞𝐝𝐝𝐢𝐭 𝐋𝐋𝐌 𝐒𝐄𝐎 𝐏𝐥𝐚𝐲𝐛𝐨𝐨𝐤

How ElevenLabs Grew From $0 to $200M ARR in 2 Years + Their Pre-Seed Deck

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