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.
Funds / Vspring III Sp, LP
Vspring III Sp, LP
Amounts, each with its basis
- Vintage
- 2008basis: 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
- $35.0Mwhat may be sold, not what was raised; file 021-121647, sworn by the adviser or filed under this vehicle
- Form D sold
- $35.0Mas of the filing of Jan 19, 2010, 3 investors
- First sale
- Aug 8, 2008
- Reported GAV
- $6.4Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 4
- Reported on ADV
- Mar 23, 2012 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2010-01-19: the stated $35.0M offering reported fully sold (fr-1)
evidence dated Jan 19, 2010. A 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
Harvest
vintage over 7 years, still reported
age years: 18first sale: 2008-08-08vintage year: $2,008adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $35.0Mform d offering usd: $35.0Mform d latest filed at: 2010-01-19
The fund's own reporting through time
14 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 23, 2012 | Venture Capital Fund | $27.7M | 4 | $5.0M | 1% | yes | |
| Apr 27, 2012 | Venture Capital Fund | $27.7M | 4 | $5.0M | 1% | yes | |
| Apr 1, 2013 | Venture Capital Fund | $23.6M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2014 | Venture Capital Fund | $24.7M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2015 | Venture Capital Fund | $30.6M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2016 | Venture Capital Fund | $32.5M | 4 | $5.0M | 1% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $30.5M | 4 | $5.0M | 1% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $29.9M | 4 | $5.0M | 1% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $23.3M | 4 | $5.0M | 1% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $1.1M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $14.8M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $5.6M | 4 | $5.0M | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $6.5M | 4 | $5.0M | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $6.4M | 4 | $5.0M | 1% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Dinesh Patel Executive Officer
- ED Ekstrom Executive Officer
- Scott Petty Executive Officer
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.
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
2 events
- Mar 23, 2012Vspring III Sp, LP first reported on Form ADV by Vspring Capital (Venture Capital Fund), GAV $27,709,596Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 19, 2010Vspring III (sp) LP filed Form D/A: $35,000,000 sold of $35,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $35.0M Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2008-08-08 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 3 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2795 EAST COTTONWOOD PARKWAY, SUITE 360, SALT LAKE CITY, UT, 84121 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2008 Jan 19, 2010 Fact SEC EDGAR Form D data sets (quarterly)