DFX Intelligence
Kcrise Fund III, LP
Fundmanaged by Kcrise Capital
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentUnknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal, 1 event
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 365 days. Last change: 12 Apr 2023, Latest Form D filed on 12 Apr 2023: $27.1M sold of $40M offered, 81 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
- 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
- $40.0Mwhat may be sold, not what was raised; file 021-464819, 021-339552; 1 joined by exact issuer name, corroborated by the issuer filing from the adviser's state, not sworn
- Form D sold
- $27.1Mas of the filing of Apr 12, 2023, 81 investors
- First sale
- Nov 11, 2022
- Reported GAV
- $33.7Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 95
- Reported on ADV
- Mar 31, 2023 to Mar 31, 2026
Fundraising evidenceWhat 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.
Unknown
latest Form D 2023-04-12, older than 15 months (fr-1)
evidence dated Apr 12, 2023.
LifecycleActive deployment
vintage 2 to 4 years
age years: 4first sale: Nov 11, 2022vintage year: 2022adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $27.1Mform d offering: $40.0Mform d latest filed at: Apr 12, 2023
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2023 | Venture Capital Fund | $18.7M | 50 | $250,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $33.7M | 95 | $250,000 | 1% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $33.7M | 95 | $250,000 | 1% |
Principals and agents
4 principals on Form D, 0 placement agents
- Darcy S. Howe Executive Officer/Director
- Edward S. Frindt Executive Officer/Director
- Darcy Howe Executive Officer/Director
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorPLANTE & MORAN, PLLC · CHICAGO, Illinois, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorSEGUE PARTNERS · ST. LOUIS, Missouri, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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).
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 allocatorsWhat 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.
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
6 events
- Jun 26, 2023KCRise Fund III, L.P. filed Form D/A: $33,700,000 sold of $33,700,000, Venture Capital FundForm D filed Fact Form D
- Jun 20, 2023KCRise Fund III, L.P. filed Form D/A: $33,700,000 sold of $33,700,000, Venture Capital FundForm D filed Fact Form D
- Apr 12, 2023KCRise Fund III, L.P. filed Form D/A: $27,125,000 sold of $40,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 31, 2023Kcrise Fund III, LP first reported on Form ADV by Kcrise Capital (Venture Capital Fund), GAV $18,700,000Fund first reported on Form ADV Fact Form ADV
- Jan 19, 2023KCRise Fund III, L.P. filed Form D/A: $22,125,000 sold of $40,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
80 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 26, 2023 Fact Form D
- Entity type: Limited Partnership Jun 20, 2023 Fact Form D
- Entity type: Limited Partnership Apr 12, 2023 Fact Form D
- Entity type: Limited Partnership Jan 19, 2023 Fact Form D
- Entity type: Limited Partnership Nov 15, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jun 26, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Jun 20, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Apr 12, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Jan 19, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Nov 15, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 26, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 20, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 12, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 19, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 15, 2022 Fact Form D
- Amendment: true Jun 26, 2023 Fact Form D
- Amendment: true Jun 20, 2023 Fact Form D
- Amendment: true Apr 12, 2023 Fact Form D
- Amendment: true Jan 19, 2023 Fact Form D
- Amendment: false Nov 15, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 26, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 20, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 12, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 19, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 15, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 26, 2023 Fact Form D
- Incorporated: withinFiveYears Jun 20, 2023 Fact Form D
- Incorporated: withinFiveYears Apr 12, 2023 Fact Form D
- Incorporated: withinFiveYears Jan 19, 2023 Fact Form D
- Incorporated: withinFiveYears Nov 15, 2022 Fact Form D
- Jurisdiction: Delaware Jun 26, 2023 Fact Form D
- Jurisdiction: Delaware Jun 20, 2023 Fact Form D
- Jurisdiction: Delaware Apr 12, 2023 Fact Form D
- Jurisdiction: Delaware Jan 19, 2023 Fact Form D
- Jurisdiction: Delaware Nov 15, 2022 Fact Form D
- Amount sold (Form D): $33.7M Jun 26, 2023 Fact Form D
- Amount sold (Form D): $33.7M Jun 20, 2023 Fact Form D
- Amount sold (Form D): $27.1M Apr 12, 2023 Fact Form D
- Amount sold (Form D): $22.1M Jan 19, 2023 Fact Form D
- Amount sold (Form D): $18.7M Nov 15, 2022 Fact Form D
- Offering amount (Form D): $33.7M Jun 26, 2023 Fact Form D
- Offering amount (Form D): $33.7M Jun 20, 2023 Fact Form D
- Offering amount (Form D): $40.0M Apr 12, 2023 Fact Form D
- Offering amount (Form D): $40.0M Jan 19, 2023 Fact Form D
- Offering amount (Form D): $40.0M Nov 15, 2022 Fact Form D
- Exemptions: 06b Jun 26, 2023 Fact Form D
- Exemptions: 06b Jun 20, 2023 Fact Form D
- Exemptions: 06b Apr 12, 2023 Fact Form D
- Exemptions: 06b Jan 19, 2023 Fact Form D
- Exemptions: 06b Nov 15, 2022 Fact Form D
- First sale: 2022-11-11 Jun 26, 2023 Fact Form D
- First sale: 2022-11-11 Jun 20, 2023 Fact Form D
- First sale: 2022-11-11 Apr 12, 2023 Fact Form D
- First sale: 2022-11-11 Jan 19, 2023 Fact Form D
- First sale: 2022-11-11 Nov 15, 2022 Fact Form D
- Investors (Form D): 98 Jun 26, 2023 Fact Form D
- Investors (Form D): 98 Jun 20, 2023 Fact Form D
- Investors (Form D): 81 Apr 12, 2023 Fact Form D
- Investors (Form D): 65 Jan 19, 2023 Fact Form D
- Investors (Form D): 51 Nov 15, 2022 Fact Form D
- Minimum investment (Form D): 50,000 Jun 26, 2023 Fact Form D
- Minimum investment (Form D): 500,000 Jun 20, 2023 Fact Form D
- Minimum investment (Form D): 25,000 Apr 12, 2023 Fact Form D
- Minimum investment (Form D): 25,000 Jan 19, 2023 Fact Form D
- Minimum investment (Form D): 100,000 Nov 15, 2022 Fact Form D
- Securities offered: equity Jun 26, 2023 Fact Form D
- Securities offered: equity Jun 20, 2023 Fact Form D
- Securities offered: equity Apr 12, 2023 Fact Form D
- Securities offered: equity Jan 19, 2023 Fact Form D
- Securities offered: equity Nov 15, 2022 Fact Form D
- Office address: Jun 26, 2023 Fact Form D
- Office address: Jun 20, 2023 Fact Form D
- Office address: Apr 12, 2023 Fact Form D
- Office address: Jan 19, 2023 Fact Form D
- Office address: Nov 15, 2022 Fact Form D
- Year of incorporation: 2022 Jun 26, 2023 Fact Form D
- Year of incorporation: 2022 Jun 20, 2023 Fact Form D
- Year of incorporation: 2022 Apr 12, 2023 Fact Form D
- Year of incorporation: 2022 Jan 19, 2023 Fact Form D
- Year of incorporation: 2022 Nov 15, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Kcrise Fund III, LP 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
5 dated events on the change ledger, latest event first
- Form D filed2023-06-26source on record
- Form D filed2023-06-20source on record
- Form D filed2023-04-12source on record
+2 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.