Sequoia Capital’s evergreen fund has reached $19.6 billion, indicating the firm’s resilience amid a venture capital funding slowdown, as reported by a U.S. SEC filing. This total includes new cash commitments, public company shares, and returns from mergers and acquisitions. Established in 2021, the Sequoia Capital Fund operates indefinitely, unlike traditional venture funds with limited lifespans. The fund has grown from $13.6 billion in early 2023 and is part of Sequoia’s broader management of $56 billion in assets, positioning it as one of the largest venture capital firms globally.