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 / Avellaneda
Avellaneda
Amounts, each with its basis
- Vintage
- 2010basis: 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
- $58.8Mwhat may be sold, not what was raised; file 021-145233, sworn by the adviser or filed under this vehicle
- Form D sold
- $58.8Mas of the filing of Jul 20, 2010, 4 investors
- First sale
- Apr 30, 2010
- Reported GAV
- $747Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 5
- Reported on ADV
- Mar 29, 2012 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2010-07-20: the stated $58.8M offering reported fully sold (fr-1)
evidence dated Jul 20, 2010. 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
Harvest
vintage over 7 years, still reported
age years: 16first sale: 2010-04-30vintage year: $2,010adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $58.8Mform d offering usd: $58.8Mform d latest filed at: 2010-07-20
The fund's own reporting through time
18 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2012 | Venture Capital Fund | $85.3M | 4 | $350,000 | 100% | no | |
| Oct 25, 2012 | Venture Capital Fund | $85.3M | 4 | $350,000 | 100% | no | |
| Mar 26, 2013 | Venture Capital Fund | $113M | 4 | $350,000 | 100% | no | |
| Mar 27, 2014 | Venture Capital Fund | $173M | 4 | $350,000 | 100% | no | |
| Jul 22, 2014 | Venture Capital Fund | $173M | 4 | $350,000 | 100% | no | |
| Mar 30, 2015 | Venture Capital Fund | $228M | 5 | $350,000 | 100% | no | |
| Mar 30, 2016 | Venture Capital Fund | $273M | 5 | $350,000 | 100% | no | |
| Mar 28, 2017 | Venture Capital Fund | $255M | 5 | $350,000 | 100% | no | |
| Sep 28, 2017 | Venture Capital Fund | $255M | 5 | $350,000 | 100% | no | |
| Mar 26, 2018 | Venture Capital Fund | $259M | 5 | $350,000 | 100% | no | |
| Mar 28, 2019 | Venture Capital Fund | $276M | 5 | $350,000 | 100% | no | |
| Dec 20, 2019 | Venture Capital Fund | $276M | 5 | $350,000 | 100% | no | |
| Mar 30, 2020 | Venture Capital Fund | $290M | 5 | $350,000 | 100% | no | |
| Mar 31, 2021 | Venture Capital Fund | $631M | 5 | $350,000 | 100% | no | |
| Mar 29, 2022 | Venture Capital Fund | $387M | 5 | $350,000 | 100% | no | |
| Mar 30, 2023 | Venture Capital Fund | $265M | 5 | $350,000 | 100% | no | |
| Mar 29, 2024 | Venture Capital Fund | $324M | 5 | $350,000 | 100% | no | |
| Sep 14, 2026 | $747M | 5 | $350,000 | 98% |
Principals and agents
5 principals on Form D, 0 placement agents
- KEN Howery Promoter
- Luke Nosek Promoter
- Peter Thiel Promoter
- Sean Parker Promoter
- The Founders Fund III Management, LLC general partner (ADV 7.B.(1).A.3)
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
2 events
- Mar 29, 2012Avellaneda first reported on Form ADV by Founders Fund LLC (Venture Capital Fund), GAV $85,341,140Fund 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)
- Jul 20, 2010Founders Fund III Principals Fund, LP filed Form D: $58,814,703 sold of $58,814,703, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: THE FOUNDERS FUND III PRINCIPALS FUND, LP Sep 14, 2026 Fact IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Entity type: Limited Partnership Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $58.8M Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $58.8M Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2010-04-30 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 4 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O THE FOUNDERS FUND III MANAGEMENT LLC, ONE LETTERMAN DR, BLDG C, STE 420, SAN FRANCISCO, CA, 94129 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2010 Jul 20, 2010 Fact SEC EDGAR Form D data sets (quarterly)