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 / Tola Capital III, LLC

Tola Capital III, LLC

Active deploymentUnknownFundADV: Venture Capital FundTola Capital Management, LLCDelaware
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
$400Mwhat may be sold, not what was raised; file 021-435996, sworn by the adviser or filed under this vehicle
Form D sold
$230Mas of the filing of Nov 29, 2023, 59 investors
First sale
Mar 11, 2022
Reported GAV
$227Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
60
Reported on ADV
Mar 28, 2023 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2023-11-29, older than 15 months (fr-1)
evidence dated Nov 29, 2023. 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: 2022-03-11vintage year: $2,022adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $230Mform d offering usd: $400Mform d latest filed at: 2023-11-29
The fund's own reporting through time
2 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2023Venture Capital Fund$193M
31$1.0M3%yes
Mar 29, 2024Venture Capital Fund$227M
60$100,0005%yes
Principals and agents
2 principals on Form D, 0 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. Nov 29, 2023
    Tola Capital III, LP filed Form D/A: $230,000,000 sold of $400,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 28, 2023
    Tola Capital III, LLC first reported on Form ADV by Tola Capital Management, LLC (Venture Capital Fund), GAV $192,606,735
    Fund 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)
  3. Mar 4, 2022
    Tola Capital III, LP filed Form D: no sales yet of $400,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle