Eclipse

Venture Capital Exempt reporting adviser

Legal name: Eclipse Operations, LLC

Palo Alto, CA Website LinkedIn X

AUM

$7.4B
Private fund assets

Private funds

42
Venture Capital 42

Private fund assets

$7.4B
Gross asset value

Employees

—

Last Form D raise

Feb 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 26, 2026). View on SEC

Investment focus

As listed in industry directories; may be out of date.

Geographies
USAIsraelCanada

People(1)

Owners and executive officers named on the firm's SEC Form ADV.

L
Lior Susan
Managing Director
Source: SEC Form ADV

Funds(42)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Eclipse SPV Xxx LPVenture Capital$56.4M——Feb 2026Warm
Eclipse SPV Xxviii LPVenture Capital$31.3M$31.0M7Nov 2025Warm
Eclipse SPV Xxii LPVenture Capital$1.6M——Sep 2025Cool
Eclipse SPV Xxvii LPVenture Capital$20.2M——Sep 2025Cool
Eclipse SPV Xxvi LPVenture Capital$26.8M——Jul 2025Cool
Eclipse SPV Xxv LPVenture Capital$26.7M——Apr 2025Cool
Eclipse SPV Xxiv LPVenture Capital$20.2M——Apr 2025Cool
Eclipse SPV Xx LPVenture Capital$12.4M——Feb 2025Cool
Eclipse SPV Xxiii LPVenture Capital$9.2M——Feb 2025Cool
Eclipse SPV Xxi LPVenture Capital$9.7M——Oct 2024Cold
Eclipse SPV Xix LPVenture Capital$13.1M——Aug 2024Cold
Eclipse SPV Xviii LPVenture Capital$25.2M$25.0M5May 2024Cold
Eclipse SPV Xvii LPVenture Capital$8.4M$5.5M10May 2024Cold
Eclipse SPV Xvi LPVenture Capital$10.0M——Sep 2023Cold
Eclipse SPV Xv LPVenture Capital$5.4M——May 2023Cold

Board seats(3)

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

AutoLab AI
Other TechnologySan Francisco, CADirector: Lior Susan
$234.9M raised
Since May 2018
SEC Form D
Augury
Other TechnologyNew York, NYDirector: Lior Susan
$63.7M raised
Since Oct 2020
SEC Form D
6 River Systems
Other TechnologyWaltham, MADirector: Lior Susan
$47.3M raised
Since Mar 2016
SEC Form D

Regulatory identifiers

CRD number
255789
SEC file number
802-101492
CIK
1908066

Sources