DFX Intelligence
OpenAI Startup Fund SPV III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early 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
- $5.09Msold at the filing
Latest Form D filed on 21 May 2026: $5.09M sold of $5.09M offered, 2 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2024basis: 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
- $5.1Mwhat may be sold, not what was raised; file 021-513130, sworn by the adviser or filed under this vehicle
- Form D sold
- $5.1Mas of the filing of May 21, 2026, 2 investors
- First sale
- May 7, 2024
- Reported GAV
- $17.4Mon the Form ADV filed Mar 13, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 3
- Reported on ADV
- unknown
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 2026-05-21: the stated $5.1M offering reported fully sold (fr-1)
evidence dated May 21, 2026.
LifecycleEarly deployment
vintage within 2 years
age years: 2first sale: May 7, 2024vintage year: 2024adv gav as of: Mar 13, 2026vintage basis: Form d first saleform d sold: $5.1Mform d offering: $5.1Mform d latest filed at: May 21, 2026
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 13, 2026 | Venture Capital Fund | $17.4M | 3 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- IAN Hathaway Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 13, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · COLUMBUS, Ohio, United StatesForm ADV filed Mar 13, 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
3 events
- May 21, 2026OpenAI Startup Fund SPV III, L.P. filed Form D/A: $5,085,000 sold of $5,085,000, Venture Capital FundForm D filed Fact Form D
- Mar 13, 2026Openai Startup Fund Spv III, L.P. first reported on Form ADV by Openai Startup Fund Management, LLC (Venture Capital Fund), GAV $17,407,699Fund first reported on Form ADV Inference Form ADV
- May 13, 2024OpenAI Startup Fund SPV III, L.P. filed Form D: $5,000,000 sold of $5,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 21, 2026 Fact Form D
- Entity type: Limited Partnership May 13, 2024 Fact Form D
- Form D fund type: Venture Capital Fund May 21, 2026 Fact Form D
- Form D fund type: Venture Capital Fund May 13, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund May 21, 2026 Fact Form D
- Form D industry group: Pooled Investment Fund May 13, 2024 Fact Form D
- Amendment: true May 21, 2026 Fact Form D
- Amendment: false May 13, 2024 Fact Form D
- Revenue range (Form D): Not Applicable May 21, 2026 Fact Form D
- Revenue range (Form D): Not Applicable May 13, 2024 Fact Form D
- Incorporated: withinFiveYears May 21, 2026 Fact Form D
- Incorporated: withinFiveYears May 13, 2024 Fact Form D
- Jurisdiction: Delaware May 21, 2026 Fact Form D
- Jurisdiction: Delaware May 13, 2024 Fact Form D
- Amount sold (Form D): $5.1M May 21, 2026 Fact Form D
- Amount sold (Form D): $5.0M May 13, 2024 Fact Form D
- Offering amount (Form D): $5.1M May 21, 2026 Fact Form D
- Offering amount (Form D): $5.0M May 13, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 21, 2026 Fact Form D
- Exemptions: 06b, 3C, 3C.7 May 13, 2024 Fact Form D
- First sale: 2024-05-07 May 21, 2026 Fact Form D
- First sale: 2024-05-07 May 13, 2024 Fact Form D
- Investors (Form D): 2 May 21, 2026 Fact Form D
- Investors (Form D): 2 May 13, 2024 Fact Form D
- Minimum investment (Form D): 0 May 21, 2026 Fact Form D
- Minimum investment (Form D): 0 May 13, 2024 Fact Form D
- Securities offered: pooled May 21, 2026 Fact Form D
- Securities offered: pooled May 13, 2024 Fact Form D
- Office address: May 21, 2026 Fact Form D
- Office address: May 13, 2024 Fact Form D
- Year of incorporation: 2024 May 21, 2026 Fact Form D
- Year of incorporation: 2024 May 13, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
OpenAI Startup Fund SPV 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
3 dated events on the change ledger, latest event first
- Form D filed2026-05-21source on record
- Fund first reported on ADV2026-03-13source on record
- Form D filed2024-05-13source 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.