Disruptive, Alex Davis' VC Firm, Targets $10 Billion Megafund

Disruptive, the venture capital firm founded by Alex Davis, is targeting $10 billion for a new megafund, D Magazine reports.

The figure, if reached, would rank the vehicle among the largest single venture funds raised by a private, independently owned firm. The report identifies the target but does not yet disclose a first close, anchor investors or a closing timetable.

What do we know about the firm?

Disruptive is led by founder Alex Davis. The firm has built its profile investing across technology sectors, and the new vehicle would mark a significant step up in scale from its previous funds.

D Magazine, which first reported the fundraising plan, titled its coverage: "Alex Davis' VC Firm Disruptive Targets $10 Billion for New Megafund."

How large is $10 billion in context?

A $10 billion target places the fund in rare territory for venture capital. Only a small number of firms — among them Sequoia, Andreessen Horowitz and Tiger Global — have closed vehicles at or above that size in a single fund.

Key points from the report:

• Target size: $10 billion
• Firm: Disruptive
• Founder and leader: Alex Davis
• Source of the report: D Magazine
• First close and investor details: not disclosed

What remains unknown?

D Magazine's report does not specify when the fund will hold its first close, which limited partners have committed, or how the capital will be deployed across stages and sectors. Disruptive has not publicly confirmed the target beyond the report.

Why does the target matter now?

Venture fundraising has tightened across the industry, and a $10 billion target signals institutional confidence in a firm of Disruptive's profile. Whether Disruptive reaches the full amount — and on what timeline — will indicate how much dry powder investors are willing to commit to a single manager in the current cycle.