DFX Intelligence
Matchstick Ventures 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
Nothing material in the last 365 days. Last change: 12 Nov 2021, Latest Form D filed on 12 Nov 2021: $52.8M sold of $52.8M offered, 95 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: 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
- $52.8Mwhat 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, not sworn by the adviser (confidence 0.85); file 021-420925
- Form D sold
- $52.8Mas of the filing of Nov 12, 2021, 95 investors
- First sale
- Jul 23, 2021
- Reported GAV
- $50.4Mon the Form ADV filed Mar 24, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 97
- Reported on ADV
- Mar 31, 2022 to Mar 24, 2026
Fundraising evidenceWhat 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 2021-11-12: the stated $52.8M offering reported fully sold (fr-1)
evidence dated Nov 12, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Jul 23, 2021vintage year: 2021adv gav as of: Mar 24, 2026vintage basis: Form d first saleform d sold: $52.8Mform d offering: $52.8Mform d latest filed at: Nov 12, 2021
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 | $6.8M | 98 | $100,000 | 1% | no | |
| Feb 28, 2023 | Venture Capital Fund | $56.2M | 98 | $100,000 | 1% | yes | |
| Apr 1, 2024 | Venture Capital Fund | $54.3M | 98 | $100,000 | 1% | yes | |
| Mar 24, 2026 | Venture Capital Fund | $50.4M | 97 | $100,000 | 1% |
Principals and agents
3 principals on Form D, 0 placement agents
- Nathaniel Zola Director
- Ryan Broshar Director/Promoter
- MV GP III, LLC Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN JOSE, California, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
- AdministratorMERITAGE AG, LLC D/B/A MERITAGE ACCOUNTING GROUP · ARVADA, Colorado, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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
4 events
- Mar 11, 2025Custodian changed: Silicon Valley Bank replaced Carta, first reported on the Form ADV filed March 11, 2025 (previous filing April 1, 2024)Custodian changed Fact Form ADV
- Apr 1, 2024Auditor changed: Frank, Rimerman + Co. replaced RSM, first reported on the Form ADV filed April 1, 2024 (previous filing February 28, 2023)Auditor changed Fact Form ADV
- Mar 31, 2022Matchstick Ventures Fund III, L.P. first reported on Form ADV by Matchstick Ventures, LLC (Venture Capital Fund), GAV $6,802,709Fund first reported on Form ADV Fact Form ADV
- Nov 12, 2021Matchstick Ventures Fund III, L.P. filed Form D: $52,790,000 sold of $52,790,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 12, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Nov 12, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 12, 2021 Fact Form D
- Amendment: false Nov 12, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Nov 12, 2021 Fact Form D
- Incorporated: withinFiveYears Nov 12, 2021 Fact Form D
- Jurisdiction: Delaware Nov 12, 2021 Fact Form D
- Amount sold (Form D): $52.8M Nov 12, 2021 Fact Form D
- Offering amount (Form D): $52.8M Nov 12, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Nov 12, 2021 Fact Form D
- First sale: 2021-07-23 Nov 12, 2021 Fact Form D
- Investors (Form D): 95 Nov 12, 2021 Fact Form D
- Minimum investment (Form D): 0 Nov 12, 2021 Fact Form D
- Securities offered: Equity, pooled Nov 12, 2021 Fact Form D
- Office address: Nov 12, 2021 Fact Form D
- Year of incorporation: 2021 Nov 12, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Matchstick Ventures Fund III, L.P. 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 filed2021-11-12source 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.