DFX Intelligence
Costanoa Ventures Opportunity Fund III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +75%reported GAV
Reported gross assets rose from $82.9M to $145M between the Form ADV filings of 28 Mar 2024 and 27 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
- $175Mwhat may be sold, not what was raised; file 021-474127, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Feb 23, 2023
- First sale
- unknown
- Reported GAV
- $145Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 78
- Reported on ADV
- Mar 28, 2024 to Mar 27, 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 2023-02-23, older than 15 months (fr-1)
evidence dated Feb 23, 2023.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: n/avintage year: 2024adv gav as of: Mar 27, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $175Mform d latest filed at: Feb 23, 2023
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $82.9M | 71 | $25,000 | 4% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $145M | 78 | $25,000 | 3% |
Principals and agents
2 principals on Form D, 0 placement agents
- Gregory P Sands Director
- Costanoa Venture Partners (Opportunity Fund) III, LLC Director
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorKPMG · SAN FRANCISCO, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · WALNUT CREEK, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianComerica · SAN JOSE, California, United StatesForm ADV filed Mar 27, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Surdna Foundation Inc | FOUNDATION | $1.5M fair value on the foundation's return | reported as of Jun 30, 2025 | 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
2 events
- Mar 28, 2024Costanoa Ventures Opportunity Fund III, L.P. first reported on Form ADV by Costanoa Ventures (Venture Capital Fund), GAV $82,863,721Fund first reported on Form ADV Fact Form ADV
- Feb 23, 2023Costanoa Ventures Opportunity Fund III, L.P. filed Form D: no sales yet of $175,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 23, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Feb 23, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 23, 2023 Fact Form D
- Amendment: false Feb 23, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 23, 2023 Fact Form D
- Incorporated: withinFiveYears Feb 23, 2023 Fact Form D
- Jurisdiction: Delaware Feb 23, 2023 Fact Form D
- Amount sold (Form D): $0 Feb 23, 2023 Fact Form D
- Offering amount (Form D): $175M Feb 23, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Feb 23, 2023 Fact Form D
- Investors (Form D): 0 Feb 23, 2023 Fact Form D
- Minimum investment (Form D): 0 Feb 23, 2023 Fact Form D
- Securities offered: pooled Feb 23, 2023 Fact Form D
- Office address: Feb 23, 2023 Fact Form D
- Year of incorporation: 2023 Feb 23, 2023 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Costanoa Ventures Opportunity Fund III, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2024-03-28source on record
- Form D filed2023-02-23source 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.