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 / Fulcrum Growth Fund III Qp, LLC

Fulcrum Growth Fund III Qp, LLC

HarvestClosed to new capitalGrowth fundADV: Venture Capital FundFulcrum Equity Partners, Inc.Delaware
Amounts, each with its basis
Vintage
2016basis: 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
$182Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-263202
Form D sold
$182Mas of the filing of Aug 10, 2017, 218 investors
First sale
Apr 29, 2016
Reported GAV
$193Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
222
Reported on ADV
Mar 29, 2017 to Mar 28, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2017-08-10: the stated $181.5M offering reported fully sold (fr-1)
evidence dated Aug 10, 2017. 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: 2016-04-29vintage year: $2,016adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $182Mform d offering usd: $182Mform d latest filed at: 2017-08-10
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2017Venture Capital Fund$76.7M
127$50,0004%yes
Mar 29, 2018Venture Capital Fund$192M
218$50,0005%yes
Mar 27, 2019Venture Capital Fund$194M
218$50,0005%yes
Mar 25, 2020Venture Capital Fund$246M
218$50,0006%yes
Mar 31, 2021Venture Capital Fund$254M
222$62,5006%yes
Mar 31, 2022Venture Capital Fund$204M
222$62,5006%yes
Mar 28, 2023Venture Capital Fund$148M
222$62,5006%yes
Mar 28, 2024Venture Capital Fund$193M
222$62,5006%yes
Principals and agents
4 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. Aug 10, 2017
    Fulcrum Growth Fund III Qp, LLC filed Form D/A: $181,542,500 sold of $181,542,500, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 29, 2017
    Fulcrum Growth Fund III Qp, LLC first reported on Form ADV by Fulcrum Equity Partners, Inc. (Venture Capital Fund), GAV $76,745,158
    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. May 16, 2016
    Fulcrum Growth Fund III Qp, LLC filed Form D: $29,587,500 sold of $150,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle