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 / Sterling Road 3, LP
Sterling Road 3, LP
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $20.0Mwhat may be sold, not what was raised; file 021-436814, sworn by the adviser or filed under this vehicle
- Form D sold
- $8.3Mas of the filing of May 22, 2023, 39 investors
- First sale
- Mar 15, 2022
- Reported GAV
- $7.8Mon the Form ADV filed Feb 13, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 40
- Reported on ADV
- Sep 14, 2022 to Feb 13, 2024
Fundraising evidence
Unknown
latest Form D 2023-05-22, older than 15 months (fr-1)
evidence dated May 22, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-03-15vintage year: $2,022adv gav as of: 2024-02-13vintage basis: form_d_first_saleform d sold usd: $8.3Mform d offering usd: $20.0Mform d latest filed at: 2023-05-22
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 14, 2022 | Venture Capital Fund | $7.9M | 36 | $20,000 | 1% | no | |
| Mar 21, 2023 | Venture Capital Fund | $7.8M | 40 | $20,000 | 1% | no | |
| Feb 13, 2024 | Venture Capital Fund | $7.8M | 40 | $20,000 | 1% | no |
Principals and agents
1 principals on Form D, 0 placement agents
- Ashley Rust 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
3 events
- May 22, 2023Sterling Road 3, L.P. filed Form D/A: $8,330,000 sold of $20,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Sep 14, 2022Sterling Road 3, LP first reported on Form ADV by Sterling Road (Venture Capital Fund), GAV $7,855,000Fund 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)
- Mar 10, 2022Sterling Road 3, L.P. filed Form D: no sales yet of $20,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $8.3M May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $20.0M May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $20.0M Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-03-15 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 39 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1388 GOUGH ST., APT 1108, SAN FRANCISCO, CA, 94109 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1388 GOUGH ST., APT 1108, SAN FRANCISCO, CA, 94109 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 May 22, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)