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 / Revolution Growth III, LP

Revolution Growth III, LP

HarvestClosed to new capitalGrowth fundADV: Venture Capital FundRevolution Growth Management Company, Inc.Delaware
Amounts, each with its basis
Vintage
2015basis: 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
$525Mwhat may be sold, not what was raised; file 021-240889, sworn by the adviser or filed under this vehicle
Form D sold
$525Mas of the filing of Jun 15, 2016, 70 investors
First sale
Jun 3, 2015
Reported GAV
$640Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
49
Reported on ADV
Mar 30, 2016 to Mar 27, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-06-15: the stated $525.0M offering reported fully sold (fr-1)
evidence dated Jun 15, 2016. 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: 11first sale: 2015-06-03vintage year: $2,015adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $525Mform d offering usd: $525Mform d latest filed at: 2016-06-15
The fund's own reporting through time
10 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2016Venture Capital Fund$432M
33$250,00015%yes
Mar 31, 2017Venture Capital Fund$526M
49$250,00010%yes
Mar 30, 2018Venture Capital Fund$349M
49$250,00010%yes
Mar 29, 2019Venture Capital Fund$501M
49$200,00010%yes
Jan 18, 2020Venture Capital Fund$501M
49$200,00010%yes
May 14, 2020Venture Capital Fund$647M
49$200,00010%yes
Mar 26, 2021Venture Capital Fund$1.0B
49$200,00010%yes
Mar 30, 2022Venture Capital Fund$912M
49$200,00010%yes
Mar 29, 2023Venture Capital Fund$609M
49$200,00010%yes
Mar 27, 2024Venture Capital Fund$640M
49$200,00010%yes
Principals and agents
3 principals on Form D, 1 placement agents
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
3 events
  1. Jun 15, 2016
    Revolution Growth III, LP filed Form D/A: $525,000,000 sold of $525,000,000, Venture Capital Fund
  2. Mar 30, 2016
    Revolution Growth III, LP first reported on Form ADV by Revolution Growth Management Company II, Inc. (Venture Capital Fund), GAV $431,574,647
  3. Jun 1, 2015
    Revolution Growth III, LP filed Form D: no sales yet of $450,000,000, Venture Capital Fund
Evidence
31 observations
Every observation on this vehicle