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 / Sands Capital Global Venture Fund III, L.P.
Sands Capital Global Venture Fund III, L.P.
Amounts, each with its basis
- Vintage
- 2021basis: 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
- indefinitewhat may be sold, not what was raised; file 021-411838, sworn by the adviser or filed under this vehicle
- Form D sold
- $202Mas of the filing of Aug 22, 2022, 93 investors
- First sale
- Oct 22, 2021
- Reported GAV
- $96.1Mon the Form ADV filed Oct 11, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 134
- Reported on ADV
- Mar 31, 2022 to Oct 11, 2024
Fundraising evidence
Unknown
latest Form D 2022-08-22, older than 15 months (fr-1)
evidence dated Aug 22, 2022. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-10-22vintage year: $2,021adv gav as of: 2024-10-11vintage basis: form_d_first_saleform d sold usd: $202Mform d offering usd: n/aform d latest filed at: 2022-08-22
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $46.7M | 119 | $5.0M | 36% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $70.2M | 119 | $5.0M | 36% | yes | |
| Feb 6, 2024 | Venture Capital Fund | $70.2M | 119 | $5.0M | 36% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $96.1M | 134 | $5.0M | 24% | yes | |
| Jul 1, 2024 | Venture Capital Fund | $96.1M | 134 | $5.0M | 24% | yes | |
| Oct 11, 2024 | Venture Capital Fund | $96.1M | 134 | $5.0M | 24% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- IAN Ratcliffe Executive Officer
- Michael Graninger Executive Officer
- Scott Frederick Executive Officer
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
- Aug 22, 2022Sands Capital Global Venture Fund III, L.P. filed Form D/A: $201,500,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2022Sands Capital Global Venture Fund III, L.P. first reported on Form ADV by Sands Capital Ventures, LLC (Venture Capital Fund), GAV $46,700,671Fund 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)
- Aug 31, 2021Sands Capital Global Venture Fund III, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Other Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $202M Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.7 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.7 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-10-22 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 93 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL VENTURES, LLC, 1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA, 22209 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL VENTURES, LLC, 1000 WILSON BOULEVARD, SUITE 3000, ARLINGTON, VA, 22209 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Aug 22, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Aug 31, 2021 Fact SEC EDGAR Form D data sets (quarterly)