DFX Intelligence
Soma Capital Fund III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
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
- +191%reported GAV
Reported gross assets rose from $189M to $550M between the Form ADV filings of 26 Mar 2024 and 29 Jul 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
- 2019basis: 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
- $413Mwhat may be sold, not what was raised; file 021-424020, sworn by the adviser or filed under this vehicle
- Form D sold
- $413Mas of the filing of Dec 7, 2021, 316 investors
- First sale
- Aug 29, 2019
- Reported GAV
- $550Mon the Form ADV filed Jul 29, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 342
- Reported on ADV
- Apr 1, 2021 to Jul 29, 2026
- Structure
- master
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.Closed to new capital
Form D filed or amended 2021-12-07: the stated $412.7M offering reported fully sold (fr-1)
evidence dated Dec 7, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Aug 29, 2019vintage year: 2019adv gav as of: Jul 29, 2026vintage basis: Form d first saleform d sold: $413Mform d offering: $413Mform d latest filed at: Dec 7, 2021
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 1, 2021 | Venture Capital Fund | $68.9M | 52 | $50,000 | 0% | yes | |
| Aug 30, 2021 | Venture Capital Fund | $171M | 183 | $100,000 | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $118M | 183 | $100,000 | 1% | yes | |
| May 12, 2022 | Venture Capital Fund | $118M | 183 | $100,000 | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $455M | 340 | $100,000 | 1% | yes | |
| Jun 20, 2023 | Venture Capital Fund | $434M | 340 | $100,000 | 1% | yes | |
| Jul 24, 2023 | Venture Capital Fund | $434M | 340 | $100,000 | 1% | yes | |
| Oct 4, 2023 | Venture Capital Fund | $434M | 340 | $100,000 | 1% | yes | |
| Mar 26, 2024 | Venture Capital Fund | $189M | 340 | $100,000 | 1% | yes | |
| Jul 29, 2026 | Venture Capital Fund | $550M | 342 | $100,000 | 1% |
Principals and agents
3 principals on Form D, 0 placement agents
- Soma Capital Fund III Partners LLC Director
- Soma Capital Management LLC Promoter
- Aneel Ranadive Director
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorBDO · PHILADELPHIA, Pennsylvania, United StatesForm ADV filed Jul 29, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · HAMILTON, New Jersey, United StatesForm ADV filed Jul 29, 2026 reports.adviserinfo.sec.gov
- CustodianALEX BROWN · NEW YORK, New York, United StatesForm ADV filed Jul 29, 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 |
|---|---|---|---|---|
| Teach a Man to Fish Foundation | FOUNDATION | $1.4M 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
3 events
- Mar 31, 2022Auditor changed: BDO replaced Frank, Rimerman + Co., first reported on the Form ADV filed March 31, 2022 (previous filing August 30, 2021)Auditor changed Fact Form ADV
- Dec 7, 2021Soma Capital Fund III, L.P. filed Form D: $412,745,000 sold of $412,745,000, Private Equity FundForm D filed Fact Form D
- Apr 1, 2021Soma Capital Fund III, L.P. first reported on Form ADV by Soma Capital Management LLC (Venture Capital Fund), GAV $68,929,791Fund first reported on Form ADV Fact Form ADV
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 7, 2021 Fact Form D
- Form D fund type: Private Equity Fund Dec 7, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 7, 2021 Fact Form D
- Amendment: false Dec 7, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 7, 2021 Fact Form D
- Incorporated: withinFiveYears Dec 7, 2021 Fact Form D
- Jurisdiction: Delaware Dec 7, 2021 Fact Form D
- Amount sold (Form D): $413M Dec 7, 2021 Fact Form D
- Offering amount (Form D): $413M Dec 7, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 7, 2021 Fact Form D
- First sale: 2019-08-29 Dec 7, 2021 Fact Form D
- Investors (Form D): 316 Dec 7, 2021 Fact Form D
- Minimum investment (Form D): 0 Dec 7, 2021 Fact Form D
- Securities offered: pooled Dec 7, 2021 Fact Form D
- Office address: Dec 7, 2021 Fact Form D
- Year of incorporation: 2019 Dec 7, 2021 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Soma Capital Fund III, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Private Equity.
Allocators1RIA and Wealth1Private Equity1
DFX found 3 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.
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Record history
2 dated events on the change ledger, latest event first
- Form D filed2021-12-07source on record
- Fund first reported on ADV2021-04-01source on record
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.