DFX Intelligence
Royal Street Ventures Seed Fund III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
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: 3 Jan 2020, Latest Form D filed on 3 Jan 2020: $16.4M sold, 43 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
- 2019basis: 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
- indefinitewhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-357118
- Form D sold
- $16.4Mas of the filing of Jan 3, 2020, 43 investors
- First sale
- Dec 20, 2019
- Reported GAV
- $15.3Mon the Form ADV filed Mar 2, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 36
- Reported on ADV
- Sep 17, 2019 to Mar 2, 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.Unknown
latest Form D 2020-01-03, older than 15 months (fr-1)
evidence dated Jan 3, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Dec 20, 2019vintage year: 2019adv gav as of: Mar 2, 2026vintage basis: Form d first saleform d sold: $16.4Mform d offering: n/aform d latest filed at: Jan 3, 2020
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 17, 2019 | Venture Capital Fund | $12.3M | 36 | $25,000 | 13% | yes | |
| Apr 1, 2020 | Venture Capital Fund | $12.3M | 36 | $25,000 | 13% | yes | |
| Feb 16, 2021 | Venture Capital Fund | $12.3M | 36 | $25,000 | 13% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $12.3M | 36 | $25,000 | 13% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $17.6M | 36 | $25,000 | 13% | yes | |
| Mar 7, 2024 | Venture Capital Fund | $15.3M | 36 | $25,000 | 13% | yes | |
| Mar 2, 2026 | Venture Capital Fund | $15.3M | 36 | $25,000 | 13% |
Principals and agents
2 principals on Form D, 0 placement agents
- Laura Brady Executive Officer
- Jeffrey Stowell Executive Officer
Service providers
1 named on Form ADV Schedule D and Form D
- AuditorWSRP, LLC · SALT LAKE CITY, Utah, United StatesForm ADV filed Mar 2, 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).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
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.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
2 events
- Jan 3, 2020Royal Street Ventures Seed Fund III, L.P. filed Form D: $16,375,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Sep 17, 2019Royal Street Ventures Seed Fund III, L.P. first reported on Form ADV by Royal Street Ventures Management Company, LLC (Venture Capital Fund), GAV $12,250,000Fund first reported on Form ADV Fact Form ADV
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 3, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Jan 3, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 3, 2020 Fact Form D
- Amendment: false Jan 3, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 3, 2020 Fact Form D
- Incorporated: withinFiveYears Jan 3, 2020 Fact Form D
- Jurisdiction: Delaware Jan 3, 2020 Fact Form D
- Amount sold (Form D): $16.4M Jan 3, 2020 Fact Form D
- Exemptions: 06b Jan 3, 2020 Fact Form D
- First sale: 2019-12-20 Jan 3, 2020 Fact Form D
- Indefinite offering: true Jan 3, 2020 Fact Form D
- Investors (Form D): 43 Jan 3, 2020 Fact Form D
- Minimum investment (Form D): 25,000 Jan 3, 2020 Fact Form D
- Securities offered: Equity, pooled Jan 3, 2020 Fact Form D
- Office address: Jan 3, 2020 Fact Form D
- Year of incorporation: 2018 Jan 3, 2020 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Royal Street Ventures Seed Fund 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
2 dated events on the change ledger, latest event first
- Form D filed2020-01-03source on record
- Fund first reported on ADV2019-09-17source 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.