Houston Ventures III Management, LLC

Micro VCpart of Signet Healthcare PartnersSEC venture capital fund adviser· Houston, TexasHOUVEN.COM

Micro VC, based in Houston, Texas, reporting $27.1M of fund assets across 2 funds.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$27.1M
the adviser's own Form ADV total
New companies, 12 mo
2
Investment team
17
Latest vintage
2011
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

4 additional co-investors and affiliates, 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
  • Member And Manager
    Why: Named with investment responsibility
    No route on file yet
  • Member And Manager
    Why: Named with investment responsibility
    No route on file yet

Relationship network

5 connected entities

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.

Houston Ventures III Management, LLC
Houston, TX
Reading the network
  • Sponsor
  • 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 Houston Ventures III Management, 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 Houston Ventures III Management, LLC

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

Investing

8 companies on record, 2 new in 12 months

Investments on record

8 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 2

Team

20 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Charles Louis Davis · Member And Manager
    Why this person: Named with investment responsibility
  • James Roy Newell · Member And Manager
    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

20 current, 3 departed

Contacts

1 firm phone

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

Funds and LPs

2 vehicles, 0 LPs disclosed

Funds and vehicles

2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
SMH Private Equity Group III (institutional), L.P.Fund2011 form d first saleHarvest$15.5M
Feb 8, 2024
31$13.1MNov 19, 2012
SMH Private Equity Group III, L.P.Fund2011 form d first saleHarvest$11.6M
Feb 8, 2024
70$11.1MNov 19, 2012

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

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

1 co-investors · on 1 other DFX graph

Co-investors

1 counted from shared deals, for the whole firm
  • 1 shared deal · one time
    2009-09-01
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Houston Ventures III Management, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

3 dated events, 31 observations from 2 sources

Timeline

3 dated events
  1. Mar 29, 2012
    SMH Private Equity Group GP III, L.P. first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  2. Mar 29, 2012
    SMH Private Equity Group III, L.P. first reported on Form ADV by SMH Private Equity Group GP III, L.P. (Venture Capital Fund), GAV $10,167,766
    Fund first reported on Form ADVFundsFactSMH Private Equity Group III, L.P.Form ADV
  3. Mar 29, 2012
    SMH Private Equity Group III (institutional), L.P. first reported on Form ADV by SMH Private Equity Group GP III, L.P. (Venture Capital Fund), GAV $12,969,543
    Fund first reported on Form ADVFundsFactSMH Private Equity Group III (institutional), L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Feb 8, 2024 · 2 private fundsShow
Headquarters
Houston, TXadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
HOUVEN.COM
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
Feb 8, 2024
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$27.1Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $27.1M across 2 vehicles

Evidence

31 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserFeb 8, 2024FactForm ADV
SEC adviser typeExempt reporting adviserFeb 8, 2024FactForm ADV
First Form ADV filing2012-03-29Feb 8, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-02-08Feb 8, 2024FactForm ADV
Venture share of reported funds1Feb 8, 2024FactForm ADV
Business phoneFeb 8, 2024FactForm ADV
HeadquartersHouston, TXFeb 8, 2024FactForm ADV
Office addressFeb 8, 2024FactForm ADV
Legal formLimited Liability CompanyFeb 8, 2024FactForm ADV
Private funds reported2Feb 8, 2024FactForm ADV
Private fund gross assets (reported)$27.1MFeb 8, 2024FactForm ADV
Schedule a diffsadiff-1Jul 15, 2025FactForm ADV
Venture funds reported2Feb 8, 2024FactForm ADV
WebsiteFeb 8, 2024FactForm ADV
How this is scored
Scores, classification basis and filing advisersMicro VC, confirmed · 8 filing advisers share this firmShow
Importance
10
low
Active deployment
0
low
Emerging
0
low
Freshness
99
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $27.1M across 2 vehicles

One of 8 advisers that share houven.com; the firm is Signet Healthcare Partners. Signet Healthcare Partners, LLC, Houston Ventures IV Management, LLC, Signet Healthcare Management LLC and 4 more advisers. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.13 · funds: 0.17 · people: 0.16 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $27.1M · first adv filing: 2012-03-29 · years since first filing: 14.5

Fits, record history and connections

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

Record history

2 identity changes, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-30
  • Grouped with firm
    2026-09-14
  • Adviser's first ADV filing
    2012-03-29source 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.