- Recent Funding
- Investors
- Brentwood Associates
Brentwood Associates portfolio
Brentwood Associates has 2 portfolio companies on record at Recent Funding.
About this page
It is a growth equity firm based in Los Angeles, US. It led 1 of the 2 rounds it joined. Its most recent investment on record is L-Nutra's $47M Series B+ round in December 2023, which it led, alongside Stéphane Bancel and Portfolia. By category, its portfolio leans toward Health and bio (1) and Manufacturing and industrial (1). It has co-invested with Portfolia, Stéphane Bancel and Florida Funders.
About Brentwood Associates
Fund returns
| Fund | Vintage | Size | Net IRR | TVPI | DPI | As of |
|---|---|---|---|---|---|---|
| Brentwood Associates Private Equity VI | 2017 | — | 17.1% | 1.61x | 0.64x | Jun 30, 2025 |
| Brentwood Associates IV, L.P. | 1983 | — | 10.9% | 2.20x | 2.17x | Sep 30, 2025 |
| Brentwood Associates Private Equity IV | 1983 | — | 10.9% | 2.17x | 2.17x | Jun 30, 2020 |
| Brentwood Associates Private Equity III | 1981 | — | -0.2% | 0.98x | 0.98x | Jun 30, 2020 |
What Brentwood Associates invests in
- Health and bio · 1 · 50%
- Manufacturing and industrial · 1 · 50%
- Fintech · 1 · 50%
- Education · 1 · 50%
How Brentwood Associates invests
Brentwood Associates portfolio companies
LL-Nutra$47MSeries B+ · Dec 2023
CClassWallet$2.3MSeed · May 2018
| Company | Round with Brentwood Associates | Total raised | Latest raise |
|---|---|---|---|
Health and bio |
Series B+ · $47M · lead | $83.5M | Feb 10, 2026 Series B+ |
Fintech |
Seed · $2.3M | $99.2M | Sep 21, 2023 Series B+ |
Most frequent co-investors
PPortfolia1 shared round · last Dec 1, 2023
SStéphane Bancel1 shared round · last Dec 1, 2023
FFlorida Funders1 shared round · last May 7, 2018
SSinovation Ventures1 shared round · last May 7, 2018
RRainfall Ventures1 shared round · last May 7, 2018
NNewSchools Venture Fund1 shared round · last May 7, 2018
Similar investors
LLearnLaunch Fund + Accelerator2 companies · 1 deal in 12 mo
- UUrban Ventures1 company · 1 deal in 12 mo
IInflexor Ventures5 companies · 3 deals in 12 mo
Bb2venture12 companies · 7 deals in 12 mo
LLightspeed India Partners17 companies · 3 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Health and bio).
How this is counted
Net returns as reported by the public-pension and foundation LPs invested in each fund.
Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 2 rounds on Recent Funding that name Brentwood Associates. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists Brentwood Associates, which is a subset of its real portfolio. API: /api/v1/investors/brentwood-associates (get a free API key). More: the most active VC firms and new venture capital funds.