DFX Intelligence
Threshold Ventures III, LP
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: 23 Jul 2020, Latest Form D filed on 23 Jul 2020: $147M sold of $250M offered, 20 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
- $250Mwhat may be sold, not what was raised; file 021-344896, sworn by the adviser or filed under this vehicle
- Form D sold
- $147Mas of the filing of Jul 23, 2020, 20 investors
- First sale
- Jul 24, 2019
- Reported GAV
- $225Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 36
- Reported on ADV
- Sep 26, 2019 to Mar 30, 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 2020-07-23, older than 15 months (fr-1)
evidence dated Jul 23, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Jul 24, 2019vintage year: 2019adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $147Mform d offering: $250Mform d latest filed at: Jul 23, 2020
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 26, 2019 | Venture Capital Fund | $0 | 16 | 7% | yes | ||
| Mar 25, 2020 | Venture Capital Fund | $137M | 18 | 7% | yes | ||
| Mar 17, 2021 | Venture Capital Fund | $186M | 36 | 5% | yes | ||
| Mar 25, 2022 | Venture Capital Fund | $293M | 36 | 5% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $331M | 37 | 5% | yes | ||
| Mar 27, 2024 | Venture Capital Fund | $243M | 37 | 5% | yes | ||
| Jul 3, 2024 | Venture Capital Fund | $243M | 37 | 5% | yes | ||
| Dec 9, 2024 | Venture Capital Fund | $243M | 37 | 5% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $225M | 36 | 5% |
Principals and agents
2 principals on Form D, 0 placement agents
- Josh Stein Executive Officer
- Emily Melton Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorPwC · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianMorgan Stanley · MENLO PARK, California, United StatesForm ADV filed Mar 30, 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Hawaii Employees' Retirement System | STATE RETIREMENT SYSTEM | $3.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Rasmuson Foundation | FOUNDATION | $3.7M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Jul 23, 2020Threshold Ventures III, L.P. filed Form D/A: $146,575,000 sold of $250,000,000, Venture Capital FundForm D filed Fact Form D
- Sep 26, 2019Threshold Ventures III, LP first reported on Form ADV by Threshold Management, LLC (Venture Capital Fund)Fund first reported on Form ADV Fact Form ADV
- Jul 23, 2019Threshold Ventures III, L.P. filed Form D: no sales yet of $250,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Jul 23, 2020 Fact Form D
- Entity type: Limited Partnership Jul 23, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jul 23, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Jul 23, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jul 23, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 23, 2019 Fact Form D
- Amendment: false Fact Form D
- Amendment: true Jul 23, 2020 Fact Form D
- Amendment: false Jul 23, 2019 Fact Form D
- Revenue range (Form D): Not Applicable Fact Form D
- Revenue range (Form D): Not Applicable Jul 23, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Jul 23, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jul 23, 2020 Fact Form D
- Incorporated: withinFiveYears Jul 23, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Jul 23, 2020 Fact Form D
- Jurisdiction: Delaware Jul 23, 2019 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $147M Jul 23, 2020 Fact Form D
- Amount sold (Form D): $0 Jul 23, 2019 Fact Form D
- Offering amount (Form D): $250M Fact Form D
- Offering amount (Form D): $250M Jul 23, 2020 Fact Form D
- Offering amount (Form D): $250M Jul 23, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 23, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 23, 2019 Fact Form D
- First sale: 2019-07-24 Jul 23, 2020 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 20 Jul 23, 2020 Fact Form D
- Investors (Form D): 0 Jul 23, 2019 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jul 23, 2020 Fact Form D
- Minimum investment (Form D): 0 Jul 23, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jul 23, 2020 Fact Form D
- Securities offered: pooled Jul 23, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Jul 23, 2020 Fact Form D
- Office address: Jul 23, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Jul 23, 2020 Fact Form D
- Year of incorporation: 2019 Jul 23, 2019 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Threshold Ventures III, LP is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2020-07-23source on record
- Fund first reported on ADV2019-09-26source on record
- Form D filed2019-07-23source 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.