DFX Intelligence
Matchstick Branch III Spv, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +151%reported GAV
Reported gross assets rose from $1.66M to $4.16M between the Form ADV filings of 1 Apr 2024 and 24 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
- 2022basis: 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
- $2.1Mwhat may be sold, not what was raised; file 021-433862, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.1Mas of the filing of Feb 16, 2022, 22 investors
- First sale
- Jan 31, 2022
- Reported GAV
- $4.2Mon the Form ADV filed Mar 24, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 30
- Reported on ADV
- Mar 31, 2022 to Mar 24, 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.Closed to new capital
Form D filed or amended 2022-02-16: the stated $2.1M offering reported fully sold (fr-1)
evidence dated Feb 16, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Jan 31, 2022vintage year: 2022adv gav as of: Mar 24, 2026vintage basis: Form d first saleform d sold: $2.1Mform d offering: $2.1Mform d latest filed at: Feb 16, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $1.6M | 30 | $10,000 | 0% | no | |
| Feb 28, 2023 | Venture Capital Fund | $1.7M | 30 | $10,000 | 0% | no | |
| Apr 1, 2024 | Venture Capital Fund | $1.7M | 30 | $10,000 | 0% | no | |
| Mar 24, 2026 | Venture Capital Fund | $4.2M | 30 | $10,000 | 9% |
Principals and agents
2 principals on Form D, 0 placement agents
- Ryan Broshar Executive Officer/Promoter
- MV GP II, LLC Director
Service providers
1 named on Form ADV Schedule D and Form D
- AdministratorMERITAGE AG, LLC D/B/A MERITAGE ACCOUNTING GROUP · ARVADA, Colorado, United StatesForm ADV filed Mar 24, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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 31, 2022Matchstick Branch III Spv, LLC first reported on Form ADV by Matchstick Ventures, LLC (Venture Capital Fund), GAV $1,640,330Fund first reported on Form ADV Fact Form ADV
- Feb 16, 2022Matchstick Branch III SPV, LLC filed Form D: $2,090,330 sold of $2,090,330, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Feb 16, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Feb 16, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 16, 2022 Fact Form D
- Amendment: false Feb 16, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Feb 16, 2022 Fact Form D
- Incorporated: withinFiveYears Feb 16, 2022 Fact Form D
- Jurisdiction: Delaware Feb 16, 2022 Fact Form D
- Amount sold (Form D): $2.1M Feb 16, 2022 Fact Form D
- Offering amount (Form D): $2.1M Feb 16, 2022 Fact Form D
- Exemptions: 06b Feb 16, 2022 Fact Form D
- First sale: 2022-01-31 Feb 16, 2022 Fact Form D
- Investors (Form D): 22 Feb 16, 2022 Fact Form D
- Minimum investment (Form D): 0 Feb 16, 2022 Fact Form D
- Securities offered: equity Feb 16, 2022 Fact Form D
- Office address: Feb 16, 2022 Fact Form D
- Year of incorporation: 2021 Feb 16, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Matchstick Branch III Spv, LLC is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-31source on record
- Form D filed2022-02-16source 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.