Sorenson Ventures III, L.P.
Nothing material in the last 365 days. Last change: 5 Mar 2024, Latest Form D filed on 5 Mar 2024: $84.4M sold of $150M offered, 33 investors. A Form D amount is what was sold at the filing, never a final close.
Amounts, each with its basis
- Vintage
- 2023basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $150Mwhat may be sold, not what was raised; file 021-475330, sworn by the adviser or filed under this vehicle
- Form D sold
- $84.4Mas of the filing of Mar 5, 2024, 33 investors
- First sale
- Mar 15, 2023
- Reported GAV
- $193Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 100
- Reported on ADV
- Mar 28, 2024 to Sep 12, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Lifecycle
Active deployment
Lifecycle
The fund's own reporting through time
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $71.1M | 28 | 0% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $198M | 100 | 3% | |||
| Sep 12, 2026 | $193M | 100 | 3% |
Principals and agents
- KEN Elefant Executive Officer
- ROB Rueckert Executive Officer
- Sorenson Ventures Associates III, L.P. general partner (ADV 7.B.(1).A.3)
Service providers
- AuditorEY · SAN FRANCISCO, California, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · NEW YORK, New York, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Jul 16, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.Investments attributed to this vehicle
Timeline
- Mar 31, 2025Administrator changed: SS&C replaced STRATA FUND SOLUTIONS LLC, first reported on the Form ADV filed March 31, 2025 (previous filing March 28, 2024)Administrator changed Fact Form ADV
- Mar 28, 2024Sorenson Ventures III, L.P. first reported on Form ADV by West Rim Capital Associates II, L.P. (Venture Capital Fund), GAV $71,100,000Fund first reported on Form ADV Fact Form ADV
- Mar 5, 2024Sorenson Ventures III, L.P. filed Form D/A: $84,400,000 sold of $150,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 9, 2023Sorenson Ventures III, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Adv pdf fund: SORENSON VENTURES III, L.P. Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Mar 5, 2024 Fact Form D
- Entity type: Limited Partnership Mar 9, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Mar 5, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Mar 9, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 5, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 9, 2023 Fact Form D
- Amendment: true Mar 5, 2024 Fact Form D
- Amendment: false Mar 9, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Mar 5, 2024 Fact Form D
- Revenue range (Form D): Not Applicable Mar 9, 2023 Fact Form D
- Incorporated: withinFiveYears Mar 5, 2024 Fact Form D
- Incorporated: withinFiveYears Mar 9, 2023 Fact Form D
- Jurisdiction: Delaware Mar 5, 2024 Fact Form D
- Jurisdiction: Delaware Mar 9, 2023 Fact Form D
- Amount sold (Form D): $84.4M Mar 5, 2024 Fact Form D
- Amount sold (Form D): $0 Mar 9, 2023 Fact Form D
- Offering amount (Form D): $150M Mar 5, 2024 Fact Form D
- Offering amount (Form D): $150M Mar 9, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 5, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 9, 2023 Fact Form D
- First sale: 2023-03-15 Mar 5, 2024 Fact Form D
- Investors (Form D): 33 Mar 5, 2024 Fact Form D
- Investors (Form D): 0 Mar 9, 2023 Fact Form D
- Minimum investment (Form D): 0 Mar 5, 2024 Fact Form D
- Minimum investment (Form D): 0 Mar 9, 2023 Fact Form D
- Securities offered: Equity, pooled Mar 5, 2024 Fact Form D
- Securities offered: Equity, pooled Mar 9, 2023 Fact Form D
- Office address: Mar 5, 2024 Fact Form D
- Office address: Mar 9, 2023 Fact Form D
- Year of incorporation: 2023 Mar 5, 2024 Fact Form D
- Year of incorporation: 2023 Mar 9, 2023 Fact Form D
Relationships across DFX
on 1 other DFX graph
Sorenson Ventures III, L.P. is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
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Record history
- Fund first reported on ADV2024-03-28source on record
- Form D filed2024-03-05source on record
- Form D filed2023-03-09source 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.