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 / Grotech Ventures III, L.P.
Grotech Ventures III, L.P.
Amounts, each with its basis
- Vintage
- 2016basis: adv first reported
- 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
- $200Mwhat may be sold, not what was raised; file 021-242491, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Jun 25, 2015
- First sale
- unknown
- Reported GAV
- $183Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 37
- Reported on ADV
- Mar 24, 2016 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2015-06-25, older than 15 months (fr-1)
evidence dated Jun 25, 2015. 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: 10first sale: n/avintage year: $2,016adv gav as of: 2024-03-28vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $200Mform d latest filed at: 2015-06-25
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 24, 2016 | Venture Capital Fund | $147M | 50 | $100,000 | 2% | yes | |
| Mar 9, 2017 | Venture Capital Fund | $149M | 27 | $100,000 | 2% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $145M | 27 | $100,000 | 2% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $151M | 25 | $100,000 | 2% | yes | |
| Mar 17, 2020 | Venture Capital Fund | $181M | 25 | $100,000 | 2% | yes | |
| Mar 24, 2021 | Venture Capital Fund | $215M | 25 | $100,000 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $215M | 32 | $100,000 | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $215M | 32 | $100,000 | 2% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $183M | 37 | $100,000 | 2% | yes |
Principals and agents
7 principals on Form D, 0 placement agents
- Joseph R. Zell Executive Officer
- Charles P. Cullen Executive Officer
- Stephen M. Fredrick Executive Officer
- Donald L. Devries Executive Officer
- Grotech Ventures III, LLC Executive Officer
- Frank a. Adams Executive Officer
- Donald J. Rainey 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
2 events
- Mar 24, 2016Grotech Ventures III, L.P. first reported on Form ADV by Grotech Management Company (Venture Capital Fund), GAV $146,663,709Fund 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)
- Jun 25, 2015Grotech Ventures III, L.P. filed Form D: no sales yet of $200,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $200M Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 8000 TOWERS CRESCENT DRIVE, SUITE 850, VIENNA, VA, 22182 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Jun 25, 2015 Fact SEC EDGAR Form D data sets (quarterly)