NPORT-P
false
0001867090
XXXXXXXX
FUNDRISE INNOVATION FUND, LLC
811-23708
0001867090
549300GHPV9TAPWSMX39
11 DUPONT CIRCLE NW
9TH FLOOR
WASHINGTON
20036
202-584-0550
FUNDRISE INNOVATION FUND, LLC
549300GHPV9TAPWSMX39
2027-03-31
2026-06-30
N
813141712.26
36173350.34
776968361.92
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
60828531.65
N
AI Growth GRT, LLC
N/A
AI Growth GRT, LLC
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
72479780.00000000
9.328536855849
Long
US
Y
N/A
N
N
N
Loyal Animal Health, Inc.
N/A
Loyal Animal Health, Inc.
N/A
815447.00000000
NS
USD
9999989.72000000
1.287052370483
Long
CORP
US
Y
3
N
N
N
Stryder Corp. dba Handshake
N/A
Stryder Corp. dba Handshake, Series C
N/A
37525.00000000
NS
USD
2814375.00000000
0.362225173885
Long
CORP
US
Y
3
N
N
N
Vantage Data Centers - VDCM 2025-AZ D
N/A
Vantage Data Centers - VDCM 2025-AZ D
91825CAG0
9000000.00000000
PA
USD
8943405.30000000
1.151064282450
Long
ABS-MBS
US
N
2
2030-07-13
Variable
6.43365700
N
N
N
N
N
N
Stripe, Inc.
N/A
Stripe, Inc.
N/A
9804.00000000
NS
USD
617652.00000000
0.079495128794
Long
CORP
US
Y
3
N
N
N
AI Access 12, LLC
N/A
AI Access 12, LLC
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
45459418.00000000
5.850871184466
Long
US
Y
3
N
N
N
Ramp Business Corp.
N/A
Ramp Business Corp. - Common
N/A
26400.00000000
NS
USD
3168000.00000000
0.407738610124
Long
CORP
US
Y
3
N
N
N
Luminos, Inc.
N/A
Luminos, Inc., Series Seed 1 - Preferred
N/A
47196.00000000
NS
USD
79067.46000000
0.010176406643
Long
CORP
US
Y
3
N
N
N
Luminos, Inc.
N/A
Luminos, Inc., Series Seed 2 - Preferred
N/A
169906.00000000
NS
USD
284644.00000000
0.036635211155
Long
CORP
US
Y
3
N
N
N
QTS Data Centers - BX 2025-VLT7 E
N/A
QTS Data Centers - BX 2025-VLT7 E
123913AJ4
7000000.00000000
PA
USD
7026611.20000000
0.904362589827
Long
ABS-MBS
US
N
2
2027-07-15
Floating
7.37539000
N
N
N
N
N
N
Canva, Inc.
N/A
Canva, Inc.
N/A
5831.00000000
NS
USD
9598642.34000000
1.235396807700
Long
CORP
US
Y
3
N
N
N
Reverse Repo Barclays Bank PLC
2549003Q5J2G7ALNU316
Reverse Repo Barclays Bank PLC
N/A
-5320000.00000000
PA
USD
-5343456.77000000
-0.68773157722
Short
RA
CORP
US
Y
2
Reverse repurchase
N
4.81000000
2026-08-26
7000000.00000000
USD
7026611.20000000
USD
ABS
N
N
N
Erebor Bank, N.A.
N/A
Erebor Bank, N.A.
N/A
18679.00000000
NS
USD
4999920.01000000
0.643516551644
Long
CORP
US
Y
3
N
N
N
Fivetran, Inc.
N/A
Fivetran, Inc., Series D - Preferred Stock
N/A
441177.00000000
NS
USD
15000018.00000000
1.930582857059
Long
CORP
US
N
3
N
N
N
Immuta, Inc.
N/A
Immuta, Inc.
N/A
80000.00000000
NS
USD
1021600.00000000
0.131485405335
Long
CORP
US
Y
3
N
N
N
Rhino Labs, Inc.
N/A
Rhino Labs, Inc., Series P
N/A
10233.48160000
NS
USD
1023348.16000000
0.131710402914
Long
CORP
US
Y
3
N
N
N
Inspectify, Inc.
N/A
Inspectify, Inc.
N/A
1.00000000
OU
SIMPLE AGREEMENT FOR FUTURE EQUITY
USD
1000000.00000000
0.128705369357
Long
CORP
US
Y
3
N
N
N
Carry Technologies, Inc. dba Hightouch
N/A
Carry Technologies, Inc. dba Hightouch - Common
N/A
11717.00000000
NS
USD
1098285.96000000
0.141355300141
Long
CORP
US
Y
3
N
N
N
HOF Capital AP Growth, LLC
N/A
HOF Capital AP Growth, LLC
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
19548977.00000000
2.516058305346
Long
US
Y
3
N
N
N
AI-LLM, LLC
N/A
AI-LLM, LLC
N/A
1.00000000
OU
LLC INTERESTS
USD
23105000.00000000
2.973737559004
Long
US
Y
3
N
N
N
ACA Projects, Inc. dba Risotto
N/A
ACA Projects, Inc. dba Risotto, Series Seed 1 - Preferred
N/A
87411.00000000
NS
USD
125426.05000000
0.016143006092
Long
CORP
US
Y
3
N
N
N
Flock Group, Inc.
N/A
Flock Group, Inc., Class A
N/A
440000.00000000
NS
USD
6878036.00000000
0.885240163834
Long
CORP
US
Y
3
N
N
N
Rhino Labs, Inc.
N/A
Rhino Labs, Inc., Series D-1
N/A
169712.00000000
NS
USD
141434.80000000
0.018203418174
Long
CORP
US
Y
3
N
N
N
Intercom, Inc. dba Fin
N/A
Intercom, Inc. dba Fin - Preferred
N/A
7861.00000000
NS
USD
416633.00000000
0.053622904151
Long
CORP
US
Y
3
N
N
N
Flock Group, Inc.
N/A
Flock Group, Inc., Class A First SAFE
N/A
372501.00000000
NS
USD
5822898.00000000
0.749438237821
Long
CORP
US
Y
3
N
N
N
DittoLive, Inc.
N/A
DittoLive, Inc.
N/A
73288.00000000
NS
USD
999992.78000000
0.128704440104
Long
CORP
US
Y
3
N
N
N
EdgeCore Data Centers - ECORE 2025-1A B
N/A
EdgeCore Data Centers - ECORE 2025-1A B
268332AB9
6000000.00000000
PA
USD
5546962.80000000
0.713923895986
Long
ABS-MBS
US
N
2
2030-07-25
Fixed
4.55000000
N
N
N
N
N
N
Anduril Industries, Inc.
N/A
Anduril Industries, Inc.
N/A
76087.00000000
NS
USD
5246199.00000000
0.675213980017
Long
CORP
US
Y
3
N
N
N
Epic Games, Inc.
N/A
Epic Games, Inc.
N/A
42963.00000000
NS
USD
19179610.00000000
2.468518789182
Long
CORP
US
Y
3
N
N
N
Carry Technologies, Inc. dba Hightouch
N/A
Carry Technologies, Inc. dba Hightouch - Preferred
N/A
2010.00000000
NS
USD
188406.14000000
0.024248881837
Long
CORP
US
Y
3
N
N
N
QTS Data Centers - BX 2025-VLT6 D
N/A
QTS Data Centers - BX 2025-VLT6 D
12433KAG2
5000000.00000000
PA
USD
4987415.00000000
0.641907089714
Long
ABS-MBS
US
N
2
2027-03-15
Floating
6.21698000
N
N
N
N
N
N
Reverse Repo Barclays Bank PLC
2549003Q5J2G7ALNU316
Reverse Repo Barclays Bank PLC
N/A
-8075000.00000000
PA
USD
-8109493.71000000
-1.04373538324
Short
RA
CORP
US
Y
2
Reverse repurchase
N
4.66000000
2026-08-26
10000000.00000000
USD
10031684.00000000
USD
ABS
N
N
N
SP Private Investments XIII, LLC
N/A
SP Private Investments XIII, LLC
N/A
5100.00000000
OU
LLC INTERESTS
USD
33086011.00000000
4.258347266321
Long
US
Y
3
N
N
N
QTS Data Centers - BX 2025-VOLT C
N/A
QTS Data Centers - BX 2025-VOLT C
05619PAE6
10000000.00000000
PA
USD
10031684.00000000
1.291131594497
Long
ABS-MBS
US
N
2
2027-12-15
Floating
5.97539000
N
N
N
N
N
N
FSTK FR, LP
N/A
FSTK FR, LP
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
19312500.00000000
2.485622445716
Long
US
Y
3
N
N
N
Omni Analytics, Inc.
N/A
Omni Analytics, Inc.
N/A
58036.00000000
NS
USD
1219917.00000000
0.157009868070
Long
CORP
US
Y
3
N
N
N
Anyscale, Inc.
N/A
Anyscale, Inc.
N/A
510880.00000000
NS
USD
2493722.96000000
0.320955534642
Long
CORP
US
Y
3
N
N
N
Promissory Note - Theory Ventures
N/A
Promissory Note - Theory Ventures
N/A
5000000.00000000
PA
USD
5696275.00000000
0.733141177836
Long
CORP
US
Y
3
2033-04-28
Fixed
10.00000000
N
N
N
N
N
N
AgentHub, Inc. dba Gumloop
N/A
AgentHub, Inc. dba Gumloop
N/A
4532.00000000
NS
USD
67225.00000000
0.008652218455
Long
CORP
US
Y
3
N
N
N
JP Morgan U.S. Treasury Plus Money Market Fund, Capital Shares
N/A
JP Morgan U.S. Treasury Plus Money Market Fund, Capital Shares
4812C2239
41695512.29000000
NS
USD
41695512.29000000
5.366436309834
Long
STIV
RF
US
N
1
N
N
N
QTS Data Centers - BX 2025-VLT7 D
N/A
QTS Data Centers - BX 2025-VLT7 D
123913AG0
7000000.00000000
PA
USD
7019250.70000000
0.903415253956
Long
ABS-MBS
US
N
2
2027-07-15
Floating
6.87539000
N
N
N
N
N
N
Ramp Business Corp.
N/A
Ramp Business Corp., Series C-1 - Preferred
N/A
133333.00000000
NS
USD
15999960.00000000
2.059280761505
Long
CORP
US
Y
3
N
N
N
Stryder Corp. dba Handshake
N/A
Stryder Corp. dba Handshake, Series D
N/A
8013.00000000
NS
USD
600975.00000000
0.077348709349
Long
CORP
US
Y
3
N
N
N
Reverse Repo Barclays Bank PLC
2549003Q5J2G7ALNU316
Reverse Repo Barclays Bank PLC
N/A
-5486250.00000000
PA
USD
-5510188.34000000
-0.70919082552
Short
RA
CORP
US
Y
2
Reverse repurchase
N
4.76000000
2026-08-26
7000000.00000000
USD
7019250.70000000
USD
ABS
N
N
N
ACA Projects, Inc. dba Risotto
N/A
ACA Projects, Inc. dba Risotto, Series Seed 2 - Preferred
N/A
261346.00000000
NS
USD
375005.38000000
0.048265205943
Long
CORP
US
Y
3
N
N
N
Figure AI, Inc.
N/A
Figure AI, Inc.
N/A
51300.00000000
NS
USD
9999989.75000000
1.287052374344
Long
CORP
US
Y
3
N
N
N
SWITCH Data Centers - SWCH 2025-DATA E
N/A
SWITCH Data Centers - SWCH 2025-DATA E
78489CAE9
12500000.00000000
PA
USD
12394036.25000000
1.595179013386
Long
ABS-MBS
US
N
2
2027-02-15
Floating
6.96561000
N
N
N
N
N
N
QTS Data Centers - BX 2025-VLT6 E
N/A
QTS Data Centers - BX 2025-VLT6 E
12433KAJ6
10000000.00000000
PA
USD
9975960.00000000
1.283959616495
Long
ABS-MBS
US
N
2
2027-03-15
Floating
6.81612000
N
N
N
N
N
N
Ramp Business Corp.
N/A
Ramp Business Corp., Series A-2 - Preferred
N/A
148500.00000000
NS
USD
17820000.00000000
2.293529681950
Long
CORP
US
Y
3
N
N
N
Vanta, Inc.
N/A
Vanta, Inc.
N/A
554888.00000000
NS
USD
10115608.02000000
1.301933066489
Long
CORP
US
Y
3
N
N
N
SaxeCap Advisors VIII, LP
N/A
SaxeCap Advisors VIII, LP
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
128169056.00000000
16.49604569268
Long
US
Y
3
N
N
N
Reverse Repo Barclays Bank PLC
2549003Q5J2G7ALNU316
Reverse Repo Barclays Bank PLC
N/A
-7600000.00000000
PA
USD
-7633509.67000000
-0.98247368157
Short
RA
CORP
US
Y
2
Reverse repurchase
N
4.81000000
2026-08-26
10000000.00000000
USD
9975960.00000000
USD
ABS
N
N
N
Flock Group, Inc.
N/A
Flock Group, Inc., Class B
N/A
631320.00000000
NS
USD
9868731.00000000
1.270158668444
Long
CORP
US
Y
3
N
N
N
Inspectify, Inc.
N/A
Inspectify, Inc.
N/A
1295462.00000000
NS
USD
4999965.01000000
0.643522343386
Long
CORP
US
Y
3
N
N
N
Flock Group, Inc.
N/A
Flock Group, Inc., Class C
N/A
103010.00000000
NS
USD
1610242.00000000
0.207246791364
Long
CORP
US
Y
3
N
N
N
Databricks, Inc.
N/A
Databricks, Inc.
N/A
122400.00000000
NS
USD
23256000.00000000
2.993172069777
Long
CORP
US
Y
3
N
N
N
Intercom, Inc. dba Fin
N/A
Intercom, Inc. dba Fin - Common
N/A
45000.00000000
NS
USD
2385000.00000000
0.306962305917
Long
CORP
US
Y
3
N
N
N
Rhino Labs, Inc.
N/A
Rhino Labs, Inc., Series D-1A
N/A
299983.00000000
NS
USD
250000.20000000
0.032176368080
Long
CORP
US
Y
3
N
N
N
Quiet OA Access LP
N/A
Quiet OA Access LP
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
64613489.00000000
8.316102967221
Long
US
Y
3
N
N
N
Reverse Repo Barclays Bank PLC
2549003Q5J2G7ALNU316
Reverse Repo Barclays Bank PLC
N/A
-3918750.00000000
PA
USD
-3935848.81000000
-0.50656487482
Short
RA
CORP
US
Y
2
Reverse repurchase
N
4.76000000
2026-08-26
5000000.00000000
USD
4987415.00000000
USD
ABS
N
N
N
RWL AI, LLC
N/A
RWL AI, LLC
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
15000000.00000000
1.930580540362
Long
US
Y
3
N
N
N
8VC ANSE SPV, LP
N/A
8VC ANSE SPV, LP
N/A
1.00000000
OU
MEMBERSHIP INTERESTS
USD
21578178.00000000
2.777227369551
Long
US
Y
3
N
N
N
2026-08-27
Fundrise Innovation Fund, LLC
/s/ Lauren Stuntebeck
Lauren Stuntebeck
Assistant Treasurer
XXXX