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 / Innovation Endeavors III LP
Innovation Endeavors III LP
HarvestClosed to new capitalFundADV: Venture Capital FundInnovation Endeavors III Advisers LLCCayman Islands
Amounts, each with its basis
- Vintage
- 2017basis: 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
- $334Mwhat may be sold, not what was raised; file 021-298691, sworn by the adviser or filed under this vehicle
- Form D sold
- $334Mas of the filing of May 21, 2018, 69 investors
- First sale
- Oct 31, 2017
- Reported GAV
- $961Mon the Form ADV filed Oct 11, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 50
- Reported on ADV
- Jan 9, 2018 to Oct 11, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2018-05-21: the stated $333.5M offering reported fully sold (fr-1)
evidence dated May 21, 2018. 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: 9first sale: 2017-10-31vintage year: $2,017adv gav as of: 2024-10-11vintage basis: form_d_first_saleform d sold usd: $334Mform d offering usd: $334Mform d latest filed at: 2018-05-21
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jan 9, 2018 | Venture Capital Fund | $178M | 24 | $5.0M | 25% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $44.2M | 52 | $5.0M | 19% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $209M | 50 | $5.0M | 19% | yes | |
| Mar 22, 2021 | Venture Capital Fund | $303M | 50 | $5.0M | 19% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $1.2B | 50 | $5.0M | 19% | yes | |
| Mar 28, 2023 | Venture Capital Fund | $1.1B | 50 | $5.0M | 19% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $961M | 50 | $5.0M | 19% | yes | |
| Oct 11, 2024 | Venture Capital Fund | $961M | 50 | $5.0M | 19% | yes |
Principals and agents
5 principals on Form D, 0 placement agents
- Richard Scanlon Executive Officer
- Innovation Endeavors III GP, LLC Executive Officer
- Innovation Endeavors III Advisors LLC Promoter
- Dror Berman Executive Officer
- Scott Brady Executive Officer
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| New York State Common Retirement Fund osc.ny.gov | 2018 | $15.0M | n/a | n/a | n/a | not meaningful yet | unknown | Mar 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2018 | $15.0M | n/a | n/a | n/a | not meaningful yet | unknown | May 17, 2018 |
Each 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).
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
6 events
- Mar 31, 2025NYSCRF reports Innovation Endeavors III, LP: $15,000,000 committed, vintage 2018 via Hamilton Lane/NYSCRF Israel Fund, L.P.LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- May 21, 2018Innovation Endeavors III LP filed Form D/A: $333,500,000 sold of $333,500,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- May 17, 2018NYSCRF commits $15,000,000 to Innovation Endeavors III, L. P. through the Hamilton Lane/NYSCRF Israel Fund, L. P., closed 2018-05-17
- May 17, 2018NYSCRF commits $15,000,000 to Innovation Endeavors III, L. P. through the Hamilton Lane/NYSCRF Israel Fund, L. P., closed 2018-05-17
- Jan 9, 2018Innovation Endeavors III LP first reported on Form ADV by Innovation Endeavors III Advisers LLC (Venture Capital Fund), GAV $178,000,000Fund 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)
- Nov 14, 2017Innovation Endeavors III LP filed Form D: $178,000,000 sold of $300,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
33 observations
Every observation on this vehicle
- Entity type: Other May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Lp reported fund: Innovation Endeavors III, L. P. through the Hamilton Lane/NYSCRF Israel Fund, L. P May 17, 2018 Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Amount sold (Form D): $334M May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $178M Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $334M May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $300M Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-10-31 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-10-31 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 69 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 22 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 5,000,000 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 5,000,000 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 10 EAST 53RD STREET, 14TH FLOOR, NEW YORK, NY, 10022 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 10 EAST 53RD STREET, 14TH FLOOR, NEW YORK, NY, 10022 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 May 21, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2017 Nov 14, 2017 Fact SEC EDGAR Form D data sets (quarterly)