Calculator Comparison

Private Equity IRR Calculator vs Venture Capital Return Calculator

Not sure which calculator to use? Here's a side-by-side comparison of the Private Equity IRR Calculator and Venture Capital Return Calculator to help you pick the right one for your needs.

Private Equity IRR Calculator

Investment & Retirement

Estimate the internal rate of return (IRR) for private equity fund investments. Model capital calls, holding periods, and exit multiples to evaluate PE fund performance and compare against public market benchmarks.

What you enter

Capital Committed
Capital Called (%)
Holding Period (Years)
Expected Exit Multiple (MOIC)
Annual Management Fee
Carried Interest

What you get

Gross IRR(primary)
Net IRR (After Fees)
Total Distributions
Total Fees Paid

Includes visual bar chart breakdown

Use Private Equity IRR Calculator

Venture Capital Return Calculator

Investment & Retirement

Model venture capital fund performance using industry-standard metrics. Calculate TVPI (total value), DPI (distributions), and RVPI (residual value) to evaluate VC fund returns across different portfolio scenarios.

What you enter

Fund Size (Total Capital)
Number of Portfolio Companies
Failure Rate (Total Loss)
Average Winner Multiple
Top Winner Multiple
Annual Management Fee

What you get

TVPI (Total Value to Paid-In)(primary)
Net Fund Return
Total Management Fees
Implied Net IRR

Includes visual bar chart breakdown

Use Venture Capital Return Calculator

Key Differences

Feature	Private Equity IRR Calculator	Venture Capital Return Calculator
Category	Investment & Retirement	Investment & Retirement
Inputs	6 required fields	6 required fields
Outputs	4 results	4 results
Chart	bar chart	bar chart
FAQs	3 answered	3 answered

Input Comparison

Shared Inputs

Annual Management Fee

Only in Private Equity IRR Calculator

Capital Committed
Capital Called (%)
Holding Period (Years)
Expected Exit Multiple (MOIC)
Carried Interest

Only in Venture Capital Return Calculator

Fund Size (Total Capital)
Number of Portfolio Companies
Failure Rate (Total Loss)
Average Winner Multiple
Top Winner Multiple

Which Calculator Should You Use?

Use the Private Equity IRR Calculator if you need to:

Calculate gross irr
When you know your capital committed and capital called (%)
Want a visual bar chart breakdown

Use the Venture Capital Return Calculator if you need to:

Calculate tvpi (total value to paid-in)
When you know your fund size (total capital) and number of portfolio companies
Want a visual bar chart breakdown

Frequently Asked Questions

What is IRR in private equity?

IRR (Internal Rate of Return) measures the annualized return of a PE investment accounting for the timing of cash flows. Unlike simple multiples, IRR captures when capital was called and distributed, making it the standard performance metric for PE funds.

What is a good IRR for private equity?

Top-quartile PE funds historically deliver net IRRs of 15-25%. Median PE fund returns are around 10-15% net. Returns vary significantly by vintage year, strategy (buyout vs. venture), and fund manager. A net IRR above 15% is generally considered strong.

What is TVPI in venture capital?

TVPI (Total Value to Paid-In) is the ratio of a fund's total value (distributions + remaining value) to the capital invested. A TVPI of 3.0x means the fund has generated for every invested. Top-quartile VC funds typically achieve TVPI of 2-3x.

What is the VC power law?

The power law in VC means a tiny fraction of investments generate the vast majority of returns. In a typical 25-company portfolio, one investment might return 50-100x while half the portfolio returns nothing. This single winner often drives the entire fund's performance.

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Bottom Line

Choose the Private Equity IRR Calculator if you need to calculate gross irr. Use the Venture Capital Return Calculator if you need to calculate tvpi (total value to paid-in). Both calculators are free and require no sign-up.

Use Private Equity IRR Calculator Use Venture Capital Return Calculator

Feature

Private Equity IRR Calculator

Venture Capital Return Calculator

Shared Inputs

Annual Management Fee

Only in Private Equity IRR Calculator

Capital Committed
Capital Called (%)
Holding Period (Years)
Expected Exit Multiple (MOIC)
Carried Interest

Only in Venture Capital Return Calculator

Fund Size (Total Capital)
Number of Portfolio Companies
Failure Rate (Total Loss)
Average Winner Multiple
Top Winner Multiple

Which Calculator Should You Use?

Use the Private Equity IRR Calculator if you need to:

Calculate gross irr
When you know your capital committed and capital called (%)
Want a visual bar chart breakdown

Use the Venture Capital Return Calculator if you need to:

Calculate tvpi (total value to paid-in)
When you know your fund size (total capital) and number of portfolio companies
Want a visual bar chart breakdown

Frequently Asked Questions

What is IRR in private equity?

What is a good IRR for private equity?

What is TVPI in venture capital?

What is the VC power law?