DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Savory III GP LLC
Savory III GP LLC
Institutional venture firmLehi, UTSEC venture capital fund adviser
venture manager with no reported fund assets yet (scale unknown)
Importance
14
low
Active deployment
25
moderate
Emerging
0
low
Completeness
44
elevated
Freshness
98
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Lehi, UTadviserinfo.sec.gov
- Office address
- 1557 INNOVATION WAY, SUITE 150, Lehi, UT, 84043adviserinfo.sec.gov
- Business phone
- 801-220-0055adviserinfo.sec.gov
- Website
- unknown
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Sep 12, 2024
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $37.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Savory GP Mm LLC (Managing Member), NA
- business phone
- 801-220-0055adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Tandem Ventures SPV XII (pmtbox), LP | SPV or co-invest vehicle | 2026 form d first sale | Fundraising | unknown | unknown | $8.8M | Feb 17, 2026 |
| Tandem Ventures SPV XI (Enzo), LP | SPV or co-invest vehicle | 2025 form d first sale | Fundraising | unknown | unknown | $1.2M | Jan 12, 2026 |
| VCP Fund III, LP | Fund | 2023 form d first sale | Active deployment | unknown | unknown | $20.6M | Feb 6, 2025 |
| Tandem Ventures SPV XIII (Burq), LP | SPV or co-invest vehicle | unknown | Fundraising | unknown | unknown | $0 | Jun 30, 2026 |
| Tandem Ventures Fund II, LP | Fund | unknown | Fundraising | unknown | unknown | $0 | May 4, 2026 |
| Tintic Fund I, LP | Fund | unknown | Fundraising | unknown | unknown | $0 | Nov 25, 2025 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
1 current, 0 departed
Andrew K. Smith
PartnerSole Member And Manager · since Sep 1, 2023
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Sep 12, 2026Savory III GP LLC: MICRO_VC -> INSTITUTIONAL_VC (venture manager with no reported fund assets yet (scale unknown))Classification changedClassificationInferenceno URL
- Sep 12, 2024Savory III GP LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 12, 2024Savory Fund III Qp LP first reported on Form ADV by Savory III GP LLC (Venture Capital Fund), GAV $28,900,000Fund first reported on Form ADVFundsFactSavory Fund III Qp LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 12, 2024Savory Fund III Blocked LP first reported on Form ADV by Savory III GP LLC (Venture Capital Fund), GAV $6,818,466Fund first reported on Form ADVFundsFactSavory Fund III Blocked LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 12, 2024Savory Fund III LP first reported on Form ADV by Savory III GP LLC (Venture Capital Fund), GAV $2,000,000Fund first reported on Form ADVFundsFactSavory Fund III LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 13, 2026Institutional venture firm (confirmed, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $37.7M across 10 vehicles
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $37.7M across 3 vehicles
Evidence
14 observations from 1 source