DFX Intelligence
Energize Ventures Fund III LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
5 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +577%reported GAV
Reported gross assets rose from $56M to $379M between the Form ADV filings of 28 Mar 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2023basis: 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 021-499915, sworn by the adviser or filed under this vehicle
- Form D sold
- $312Mas of the filing of Apr 18, 2025, 82 investors
- First sale
- Dec 27, 2023
- Reported GAV
- $379Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 85
- Reported on ADV
- Mar 28, 2024 to Mar 31, 2026
Fundraising evidence
What counts as raisingA 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.Unknown
latest Form D 2025-04-18, older than 15 months (fr-1)
evidence dated Apr 18, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: Dec 27, 2023vintage year: 2023adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $312Mform d offering: n/aform d latest filed at: Apr 18, 2025
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $56.0M | 9 | $250,000 | 21% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $379M | 85 | $250,000 | 4% |
Principals and agents
8 principals on Form D, 1 placement agents
- Energize Ventures III GP LLC Promoter
- John Tough Executive Officer
- James Murphy Executive Officer
- Not Applicable placement agent
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorDeloitte · CHICAGO, Illinois, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorJuniper Square · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach 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).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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| John D & Catherine T Macarthur Foundation | FOUNDATION | $288,850 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
4 events
- Apr 18, 2025Energize Ventures Fund III LP filed Form D/A: $311,760,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Nov 5, 2024Energize Ventures Fund III LP filed Form D/A: $265,750,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 28, 2024Energize Ventures Fund III LP first reported on Form ADV by Energize Capital LLC (Venture Capital Fund), GAV $56,000,000Fund first reported on Form ADV Fact Form ADV
- Dec 15, 2023Energize Ventures Fund III LP filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact Form D
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 18, 2025 Fact Form D
- Entity type: Limited Partnership Nov 5, 2024 Fact Form D
- Entity type: Limited Partnership Dec 15, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Apr 18, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Nov 5, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Dec 15, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 18, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 5, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 15, 2023 Fact Form D
- Amendment: true Apr 18, 2025 Fact Form D
- Amendment: true Nov 5, 2024 Fact Form D
- Amendment: false Dec 15, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 18, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 5, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 15, 2023 Fact Form D
- Incorporated: withinFiveYears Apr 18, 2025 Fact Form D
- Incorporated: withinFiveYears Nov 5, 2024 Fact Form D
- Incorporated: withinFiveYears Dec 15, 2023 Fact Form D
- Jurisdiction: Delaware Apr 18, 2025 Fact Form D
- Jurisdiction: Delaware Nov 5, 2024 Fact Form D
- Jurisdiction: Delaware Dec 15, 2023 Fact Form D
- Amount sold (Form D): $312M Apr 18, 2025 Fact Form D
- Amount sold (Form D): $266M Nov 5, 2024 Fact Form D
- Amount sold (Form D): $0 Dec 15, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 18, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 5, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 15, 2023 Fact Form D
- First sale: 2023-12-27 Apr 18, 2025 Fact Form D
- First sale: 2023-12-27 Nov 5, 2024 Fact Form D
- Indefinite offering: true Apr 18, 2025 Fact Form D
- Indefinite offering: true Nov 5, 2024 Fact Form D
- Indefinite offering: true Dec 15, 2023 Fact Form D
- Investors (Form D): 82 Apr 18, 2025 Fact Form D
- Investors (Form D): 46 Nov 5, 2024 Fact Form D
- Investors (Form D): 0 Dec 15, 2023 Fact Form D
- Minimum investment (Form D): 0 Apr 18, 2025 Fact Form D
- Minimum investment (Form D): 0 Nov 5, 2024 Fact Form D
- Minimum investment (Form D): 0 Dec 15, 2023 Fact Form D
- Securities offered: pooled Apr 18, 2025 Fact Form D
- Securities offered: pooled Nov 5, 2024 Fact Form D
- Securities offered: pooled Dec 15, 2023 Fact Form D
- Office address: Apr 18, 2025 Fact Form D
- Office address: Nov 5, 2024 Fact Form D
- Office address: Dec 15, 2023 Fact Form D
- Year of incorporation: 2023 Apr 18, 2025 Fact Form D
- Year of incorporation: 2023 Nov 5, 2024 Fact Form D
- Year of incorporation: 2023 Dec 15, 2023 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Energize Ventures Fund III LP is the same institution as 4 records in Family Offices, Allocators and RIA and Wealth.
Family Offices2Allocators1RIA and Wealth1
DFX found 4 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
4 dated events on the change ledger, latest event first
- Form D filed2025-04-18source on record
- Form D filed2024-11-05source on record
- Fund first reported on ADV2024-03-28source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.