DFX Intelligence
Draper Associates Rhino Spv III, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +80%reported GAV
Reported gross assets rose from $1.99M to $3.57M between the Form ADV filings of 7 May 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2024basis: adv first reported
- 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 the general partner the adviser swears for this fund, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.70); file 021-450889
- Form D sold
- $0as of the filing of Jun 30, 2022
- First sale
- unknown
- Reported GAV
- $3.6Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 28, 2024 to Mar 31, 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 2022-06-30, older than 15 months (fr-1)
evidence dated Jun 30, 2022.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: n/avintage year: 2024adv gav as of: Mar 31, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Jun 30, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $2.0M | 1 | $2.0M | 0% | no | |
| Mar 29, 2024 | Venture Capital Fund | $2.0M | 2 | $2.0M | 0% | no | |
| May 7, 2024 | Venture Capital Fund | $2.0M | 2 | $2.0M | 0% | no | |
| Mar 31, 2026 | Venture Capital Fund | $3.6M | 2 | $250,000 | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- Draper Associates VI, LLC Executive Officer
- Timothy Draper Executive Officer
Service providers
1 named on Form ADV Schedule D and Form D
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 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
- Mar 28, 2024Draper Associates Rhino Spv III, LLC first reported on Form ADV by Draper Management Company, LLC (Venture Capital Fund), GAV $1,985,183Fund first reported on Form ADV Fact Form ADV
- Jun 30, 2022Draper Associates Rhino SPV III, LLC filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jun 30, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Jun 30, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 30, 2022 Fact Form D
- Amendment: false Jun 30, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 30, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 30, 2022 Fact Form D
- Jurisdiction: Delaware Jun 30, 2022 Fact Form D
- Amount sold (Form D): $0 Jun 30, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jun 30, 2022 Fact Form D
- Indefinite offering: true Jun 30, 2022 Fact Form D
- Investors (Form D): 0 Jun 30, 2022 Fact Form D
- Minimum investment (Form D): 0 Jun 30, 2022 Fact Form D
- Securities offered: pooled Jun 30, 2022 Fact Form D
- Office address: Jun 30, 2022 Fact Form D
- Year of incorporation: 2022 Jun 30, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Draper Associates Rhino Spv III, LLC 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
- Fund first reported on ADV2024-03-28source on record
- Form D filed2022-06-30source 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.