DFX Intelligence
Fuel Capital III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 26 Jul 2018, Latest Form D filed on 26 Jul 2018: no amount sold reported of $75M offered. 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
- unknownno dated first sale or first report yet
- 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
- $75.0Mwhat may be sold, not what was raised; file 021-317843, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jul 26, 2018
- First sale
- unknown
- Reported GAV
- $59.1Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 41
- Reported on ADV
- Sep 12, 2026 to Sep 12, 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 2018-07-26, older than 15 months (fr-1)
evidence dated Jul 26, 2018.
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Sep 12, 2026vintage basis: n/aform d sold: $0form d offering: $75.0Mform d latest filed at: Jul 26, 2018
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | Venture Capital Fund | $59.1M | 41 | $35,000 | 2% |
Principals and agents
4 principals on Form D, 0 placement agents
- Leah Busque Director
- Fuel Capital GP III, LLC Director
- Christopher Howard Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN JOSE, California, United StatesForm ADV filed Mar 26, 2026 reports.adviserinfo.sec.gov
- AdministratorNAVIGATION FUND SERVICES · SANTA ROSA BEACH, Florida, United StatesForm ADV filed Mar 26, 2026 reports.adviserinfo.sec.gov
- CustodianCITIZENS BANK, NATIONAL ASSOCIATION · PROVIDENCE, Rhode Island, United StatesForm ADV filed Mar 26, 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 |
|---|---|---|---|---|
| The Teagle Foundation Incorporated | FOUNDATION | $167,709 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
Evidence
16 observations
Every observation on this vehicle
- Adv pdf fund: 59,106,407 Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Jul 26, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Jul 26, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 26, 2018 Fact Form D
- Amendment: false Jul 26, 2018 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 26, 2018 Fact Form D
- Incorporated: withinFiveYears Jul 26, 2018 Fact Form D
- Jurisdiction: Delaware Jul 26, 2018 Fact Form D
- Amount sold (Form D): $0 Jul 26, 2018 Fact Form D
- Offering amount (Form D): $75.0M Jul 26, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jul 26, 2018 Fact Form D
- Investors (Form D): 0 Jul 26, 2018 Fact Form D
- Minimum investment (Form D): 0 Jul 26, 2018 Fact Form D
- Securities offered: pooled Jul 26, 2018 Fact Form D
- Office address: Jul 26, 2018 Fact Form D
- Year of incorporation: 2018 Jul 26, 2018 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Fuel Capital III, LP 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.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-09-12source on record
- Form D filed2018-07-26source 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.