Sorenson Ventures III, L.P.

Fundmanaged by West Rim II Ugp, LLC· Delaware
Vintage
2023
Form D sold
$84.4M
Reported gross assets
$193M
Form ADV, Sep 12, 2026
Active deploymentFundraising status unknownADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

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.

Drawing the relationship network…

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

Unknown
latest Form D 2024-03-05, older than 15 months (fr-1)
evidence dated Mar 5, 2024.

Lifecycle

Active deployment
vintage 2 to 4 years
age years: 3first sale: Mar 15, 2023vintage year: 2023adv gav as of: Sep 12, 2026vintage basis: Form d first saleform d sold: $84.4Mform d offering: $150Mform d latest filed at: Mar 5, 2024

The fund's own reporting through time

3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2024Venture Capital Fund$71.1M
280%yes
Mar 30, 2026Venture Capital Fund$198M
1003%
Sep 12, 2026$193M
1003%

Principals and agents

3 principals on Form D, 0 placement 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

3 named on Form ADV Schedule D and Form D

Limited partners and their reported performance

0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.

Known LPs and allocators

0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.

Investments attributed to this vehicle

0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.

Timeline

4 events
  1. Mar 31, 2025
    Administrator 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
  2. Mar 28, 2024
    Sorenson Ventures III, L.P. first reported on Form ADV by West Rim Capital Associates II, L.P. (Venture Capital Fund), GAV $71,100,000
    Fund first reported on Form ADV Fact Form ADV
  3. Mar 5, 2024
    Sorenson Ventures III, L.P. filed Form D/A: $84,400,000 sold of $150,000,000, Venture Capital Fund
    Form D filed Fact Form D
  4. Mar 9, 2023
    Sorenson Ventures III, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital Fund
    Form D filed Fact Form D

Evidence

32 observations
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
Across the graphs

Sorenson Ventures III, L.P. 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…

Record history

3 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2024-03-28source on record
  • Form D filed
    2024-03-05source on record
  • Form D filed
    2023-03-09source 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.