Third Rock Ventures, LLC.

Institutional venture firmSEC venture capital fund adviserRaising· Boston, MassachusettsTHIRDROCKVENTURES.COM

Third Rock Ventures is a leading healthcare venture firm focused on advancing disruptive areas of science and medicine to deliver breakthroughs to…

In the firm's own words, from its website.

Reported fund assets
$1.9B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
6
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

5 additional team members, 1 additional co-investor or affiliate, 10 additional investments, funds and LPs, 11 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people
  • Manager/Member
    Why: Named with investment responsibility
    No route on file yet
  • Manager/Member
    Why: Named with investment responsibility
    No route on file yet
  • Executive Officer
    Why: Named with investment responsibility
    No route on file yet

Relationship network

23 connected entities2 observed rounds1 dated round shown here, 2009

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Third Rock Ventures, LLC.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Third Rock Ventures, LLC.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

4 companies on record, 0 new in 12 months

Investments on record

4 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Corvia Medical, Inc.portfolio listingunknownunknownunknownunknownSep 30, 2026Fact Company website
Asherbioportfolio listingleadunknownunknownunknownSep 17, 2026Fact Company website
Afferent PharmaceuticalsForm D equity offeringunknown · boardKevin Paul Starr (strongly supported)$150,000
form d sold
unknownNov 5, 2009Inference Form D

Stated thesis versus observed behaviour

4 observed deals
Stated (the firm’s website)
Sectors
biotech
Stages
not stated or not yet read
Geography
boston
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
Industries, each company once
Life sciences (1)
lead rate 100%follow-on rate 0%new companies, 12 months 0

Team

8 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Abbie Celniker · Manager/Member
    Why this person: Named with investment responsibility
  • Jeff K Tong · Manager/Member
    Why this person: Named with investment responsibility
  • Jeffrey K Tong · Executive Officer
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

8 current, 3 departed
3 departed (kept with end dates)
  • Kevin Paul Starr · Manager/Member · Dec 1, 2014 to Mar 31, 2022 Inference
  • Mark Jay Levin · Manager/Member · Dec 1, 2014 to Mar 31, 2022 Inference
  • Alexis Borisy · Effective Officer · Sep 1, 2016 to Mar 19, 2019 Inference

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

7 vehicles, 0 LPs disclosed

Funds and vehicles

7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Third Rock Ventures VI, L.P.Fund2022 form d first saleActive deployment$787M
Mar 19, 2026
66$1.1B
of $1.1B
Jun 10, 2022
Third Rock Ventures V, L.P.Fund2019 form d first saleMature$736M
Mar 19, 2026
68$750M
of $750M
Jun 7, 2019
Third Rock Ventures IV, L.P.Fund2016 form d first saleHarvest$326M
Mar 19, 2026
58$600M
of $600M
Nov 2, 2016

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

8 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Hess Philanthropic FundFOUNDATIONThird Rock Ventures VI, L.P.$949,933
fair value on the foundation's return
reported as of Nov 30, 2025Fact IRS Form 990 / 990-PF e-file returns
The Grantham Foundation for the Protection of the EnvironmentFOUNDATIONThird Rock Ventures III, L.P.$238,124
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Pritzker Traubert FoundationFOUNDATIONThird Rock Ventures V, L.P.$2.6M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

4 co-investors · on 2 other DFX graphs

Co-investors

4 counted from shared deals, for the whole firm

Compare portfolios with Accelmed Partners II Management, LLC, Lumira Capital, Mission Biocapital or any firm. Co-investors across the market

Across DFX and the capital chainon 2 other DFX graphs · 6 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Third Rock Ventures, LLC. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Third Rock Ventures, LLC. sits on 6 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 6 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

16 dated events, 68 observations from 3 sources

Timeline

16 dated events
  1. Jun 3, 2026
    Third Rock Ventures, LLC. filed the first Form D for Third Rock Ventures VII, L.P. (fund 7), its next fund after Third Rock Ventures VI, L.P. (vintage 2022); offering $750.0M
    Fund next filedderived signalInferenceThird Rock Ventures VII, L.P.
  2. Mar 29, 2023
    Third Rock Ventures VI, L.P. first reported on Form ADV by Third Rock Ventures, LLC. (Venture Capital Fund), GAV $1,112,827,403
    Fund first reported on Form ADVFundsFactThird Rock Ventures VI, L.P.Form ADV
  3. Mar 31, 2022
    Kevin Paul Starr (Manager/Member) no longer on Schedule A of Third Rock Ventures, LLC.
    Person leftPeopleInferenceKevin Paul StarrForm ADV
  4. Mar 31, 2022
    Mark Jay Levin (Manager/Member) no longer on Schedule A of Third Rock Ventures, LLC.
    Person leftPeopleInferenceMark Jay LevinForm ADV
  5. Jan 1, 2022
    Alison Connors joined Schedule A of Third Rock Ventures, LLC. as Chief Financial Officer
    Person joinedPeopleFactAlison ConnorsForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 19, 2026 · 5 private fundsShow
Headquarters
Boston, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
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
Mar 19, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Third Rock Ventures Holdings, L.P. (Member), owns 75% or more; Third Rock Ventures Management, LLC (General Partner)

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $1.9B across 7 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $2.4B across 7 vehicles

Evidence

69 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 19, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 19, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 26, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 19, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 19, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 26, 2024FactForm ADV
First Form ADV filing2012-03-28Mar 19, 2026FactForm ADV
First Form ADV filing2012-03-28Mar 26, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-19Mar 19, 2026FactForm ADV
Latest Form ADV filing2026-03-19Mar 19, 2026FactForm ADV
Latest Form ADV filing2024-03-26Mar 26, 2024FactForm ADV
SEC statusERA - ActiveMar 19, 2026FactForm ADV
SEC status effective2012-03-28Mar 19, 2026FactForm ADV
Venture share of reported funds1Mar 19, 2026FactForm ADV
Venture share of reported funds1Mar 26, 2024FactForm ADV
Business phoneMar 19, 2026FactForm ADV
Business phoneMar 26, 2024FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
HeadquartersBoston, MAMar 19, 2026FactForm ADV
HeadquartersBoston, MAMar 26, 2024FactForm ADV
Office addressMar 19, 2026FactForm ADV
Office addressMar 26, 2024FactForm ADV
Legal formLimited Liability CompanyMar 19, 2026FactForm ADV
Legal formLimited Liability CompanyMar 26, 2024FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported5Mar 19, 2026FactForm ADV
Private funds reported5Mar 19, 2026FactForm ADV
Private funds reported6Mar 26, 2024FactForm ADV
Private fund gross assets (reported)$1.9BMar 19, 2026FactForm ADV
Private fund gross assets (reported)$1.9BMar 19, 2026FactForm ADV
Private fund gross assets (reported)$2.4BMar 26, 2024FactForm ADV
Schedule a diffsadiff-1Mar 19, 2026FactForm ADV
Stated geographyboston
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyboston
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsbiotech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsbiotech
“sector words on the home page”
Sep 14, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported5Mar 19, 2026FactForm ADV
Venture funds reported5Mar 19, 2026FactForm ADV
Venture funds reported6Mar 26, 2024FactForm ADV
WebsiteMar 19, 2026FactForm ADV
WebsiteMar 26, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
47
elevated
Active deployment
35
elevated
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $1.9B across 7 vehicles

The inputs behind each score
importance
gav: 0.69 · funds: 0.58 · people: 0.36 · investments: 0.22 · co investors: 0.24
active deployment
investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 7 · reported gav: $1.9B · first adv filing: 2012-03-28 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

2 scored matches, best firstas of
  • score 36.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 36.7confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-28source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.