DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / The Evolution Technology Fund III, L.P.
The Evolution Technology Fund III, L.P.
Active deploymentClosed to new capitalFundADV: Venture Capital FundEvolution Equity PartnersDelaware
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
- $900Mwhat may be sold, not what was raised; file 021-447969, sworn by the adviser or filed under this vehicle
- Form D sold
- $900Mas of the filing of Apr 18, 2024, 1,101 investors
- First sale
- Jun 3, 2022
- Reported GAV
- $828Mon the Form ADV filed Jun 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1100
- Reported on ADV
- Mar 21, 2023 to Jun 25, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2024-04-18: the stated $899.8M offering reported fully sold (fr-1)
evidence dated Apr 18, 2024. A 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.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-06-03vintage year: $2,022adv gav as of: 2024-06-25vintage basis: form_d_first_saleform d sold usd: $900Mform d offering usd: $900Mform d latest filed at: 2024-04-18
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 21, 2023 | Venture Capital Fund | $370M | 400 | 0% | yes | ||
| Mar 18, 2024 | Venture Capital Fund | $796M | 1063 | 2% | yes | ||
| Apr 17, 2024 | Venture Capital Fund | $796M | 1063 | 2% | yes | ||
| Jun 25, 2024 | Venture Capital Fund | $828M | 1100 | 2% | yes |
Principals and agents
9 principals on Form D, 3 placement agents
- Taher Elgamal Executive Officer
- Karthik Subramanian Executive Officer
- J.R. Smith Executive Officer
- Karel Obluk Executive Officer
- Dennis Smith Executive Officer
- Richard Seewald Executive Officer
- Evolution Equity Partners III GP, LLC Executive Officer
- Yuval Ben-Itzhak Executive Officer
- Evolution Equity Partners, LLC Executive Officer
- Jefferies LLC placement agent
- Morgan Stanley Smith Barney LLC placement agent
- Stifel, Nicolaus & Company, Incorporated placement agent
Limited partners and their reported performance
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.
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
5 events
- Apr 18, 2024Evolution Technology Fund III, L.P. filed Form D/A: $899,798,680 sold of $899,798,680, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Nov 16, 2023Evolution Technology Fund III, L.P. filed Form D/A: $691,135,897 sold of $750,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 21, 2023The Evolution Technology Fund III, L.P. first reported on Form ADV by Evolution Equity Partners (Venture Capital Fund), GAV $370,430,000Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 21, 2022Evolution Technology Fund III, L.P. filed Form D/A: $345,280,000 sold of $750,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jun 2, 2022Evolution Technology Fund III, L.P. filed Form D: no sales yet of $750,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
63 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $900M Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $691M Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $345M Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $900M Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $750M Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $750M Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $750M Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-06-03 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-06-03 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-06-03 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 1,101 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 968 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 387 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 340 MADISON AVENUE, SUITE 2200E, NEW YORK, NY, 10173 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 340 MADISON AVENUE, SUITE 2200E, NEW YORK, NY, 10173 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 340 MADISON AVENUE, SUITE 2200E, NEW YORK, NY, 10173 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 340 MADISON AVENUE, SUITE 2200E, NEW YORK, NY, 10173 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Apr 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Nov 16, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Dec 21, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jun 2, 2022 Fact SEC EDGAR Form D data sets (quarterly)