DFX Intelligence
Felicis Ventures III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +22%reported GAV
Reported gross assets rose from $212M to $257M between the Form ADV filings of 11 Dec 2024 and 30 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
- 2012basis: 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
- $52.0Mwhat may be sold, not what was raised; file 021-178526, sworn by the adviser or filed under this vehicle
- Form D sold
- $52.0Mas of the filing of May 18, 2012, 8 investors
- First sale
- Apr 27, 2012
- Reported GAV
- $257Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 18
- Reported on ADV
- Mar 26, 2013 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.Closed to new capital
Form D filed or amended 2012-05-18: the stated $52.0M offering reported fully sold (fr-1)
evidence dated May 18, 2012.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 14first sale: Apr 27, 2012vintage year: 2012adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $52.0Mform d offering: $52.0Mform d latest filed at: May 18, 2012
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2013 | Venture Capital Fund | $71.0M | 20 | $75,000 | 3% | yes | |
| Mar 21, 2014 | Venture Capital Fund | $72.6M | 18 | $75,000 | 3% | yes | |
| Mar 27, 2015 | Venture Capital Fund | $89.2M | 18 | $75,000 | 2% | yes | |
| Mar 16, 2016 | Venture Capital Fund | $122M | 18 | $75,000 | 2% | yes | |
| Mar 29, 2017 | Venture Capital Fund | $136M | 18 | $75,000 | 2% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $173M | 18 | $75,000 | 2% | yes | |
| Mar 19, 2019 | Venture Capital Fund | $281M | 18 | $75,000 | 2% | yes | |
| Mar 22, 2020 | Venture Capital Fund | $239M | 18 | $75,000 | 2% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $214M | 18 | $75,000 | 3% | yes | |
| May 4, 2021 | Venture Capital Fund | $214M | 18 | $75,000 | 3% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $450M | 18 | $75,000 | 3% | yes | |
| Aug 4, 2022 | Venture Capital Fund | $450M | 18 | $75,000 | 3% | yes | |
| Sep 29, 2022 | Venture Capital Fund | $450M | 18 | $75,000 | 3% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $369M | 18 | $75,000 | 3% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $212M | 18 | $75,000 | 3% | yes | |
| Dec 11, 2024 | Venture Capital Fund | $212M | 18 | $75,000 | 3% | yes | |
| Mar 30, 2026 | Venture Capital Fund | $257M | 18 | $75,000 | 3% |
Principals and agents
2 principals on Form D, 0 placement agents
- Aydin Senkut Director
- Felicis Ventures GP III, LLC Director
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorSENSIBA SAN FILIPPO LLP · PLEASANTON, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · LOS ANGELES, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, 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.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
4 events
- Mar 25, 2025Custodian changed: First Citizens Bank replaced RAYMOND JAMES & ASSOCIATES, INC., Western Alliance / Bridge Bank, first reported on the Form ADV filed March 25, 2025 (previous filing December 11, 2024)Custodian changed Fact Form ADV
- Mar 26, 2013Felicis Ventures III, LP first reported on Form ADV by Felicis Ventures (Venture Capital Fund), GAV $70,976,275Fund first reported on Form ADV Fact Form ADV
- Jun 29, 2012Felicis Ventures III, LP filed Form D/A: $70,538,461 sold of $70,538,461, Venture Capital FundForm D filed Fact Form D
- May 18, 2012Felicis Ventures III, L filed Form D: $52,000,000 sold of $52,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 29, 2012 Fact Form D
- Entity type: Limited Partnership May 18, 2012 Fact Form D
- Form D fund type: Venture Capital Fund Jun 29, 2012 Fact Form D
- Form D fund type: Venture Capital Fund May 18, 2012 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 29, 2012 Fact Form D
- Form D industry group: Pooled Investment Fund May 18, 2012 Fact Form D
- Amendment: true Jun 29, 2012 Fact Form D
- Amendment: false May 18, 2012 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 29, 2012 Fact Form D
- Revenue range (Form D): Decline to Disclose May 18, 2012 Fact Form D
- Incorporated: withinFiveYears Jun 29, 2012 Fact Form D
- Incorporated: withinFiveYears May 18, 2012 Fact Form D
- Jurisdiction: Delaware Jun 29, 2012 Fact Form D
- Jurisdiction: Delaware May 18, 2012 Fact Form D
- Amount sold (Form D): $70.5M Jun 29, 2012 Fact Form D
- Amount sold (Form D): $52.0M May 18, 2012 Fact Form D
- Offering amount (Form D): $70.5M Jun 29, 2012 Fact Form D
- Offering amount (Form D): $52.0M May 18, 2012 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Jun 29, 2012 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 May 18, 2012 Fact Form D
- First sale: 2012-04-27 Jun 29, 2012 Fact Form D
- First sale: 2012-04-27 May 18, 2012 Fact Form D
- Investors (Form D): 16 Jun 29, 2012 Fact Form D
- Investors (Form D): 8 May 18, 2012 Fact Form D
- Minimum investment (Form D): 0 Jun 29, 2012 Fact Form D
- Minimum investment (Form D): 0 May 18, 2012 Fact Form D
- Securities offered: pooled Jun 29, 2012 Fact Form D
- Securities offered: pooled May 18, 2012 Fact Form D
- Office address: Jun 29, 2012 Fact Form D
- Office address: May 18, 2012 Fact Form D
- Year of incorporation: 2012 Jun 29, 2012 Fact Form D
- Year of incorporation: 2012 May 18, 2012 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Felicis Ventures III, LP 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
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2013-03-26source on record
- Form D filed2012-06-29source on record
- Form D filed2012-05-18source 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.