DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Venturesouth Angel Fund III LP
Venturesouth Angel Fund III LP
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
- $5.0Mwhat may be sold, not what was raised; file 021-330488, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.2Mas of the filing of Jan 15, 2019, 20 investors
- First sale
- Jan 1, 2019
- Reported GAV
- $3.3Mon the Form ADV filed Feb 14, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 84
- Reported on ADV
- Jul 21, 2020 to Feb 14, 2024
Fundraising evidence
Unknown
latest Form D 2019-01-15, older than 15 months (fr-1)
evidence dated Jan 15, 2019. A 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.
Lifecycle
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-01-01vintage year: $2,019adv gav as of: 2024-02-14vintage basis: form_d_first_saleform d sold usd: $1.2Mform d offering usd: $5.0Mform d latest filed at: 2019-01-15
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 21, 2020 | Venture Capital Fund | $4.5M | 84 | $25,000 | 1% | no | |
| Feb 5, 2021 | Venture Capital Fund | $4.5M | 84 | $25,000 | 1% | no | |
| Mar 17, 2022 | Venture Capital Fund | $4.1M | 84 | $25,000 | 1% | no | |
| Feb 6, 2023 | Venture Capital Fund | $3.9M | 84 | $25,000 | 1% | no | |
| Feb 14, 2024 | Venture Capital Fund | $3.3M | 84 | $25,000 | 1% | no |
Principals and agents
3 principals on Form D, 0 placement agents
- Paul Jonathan Clark Executive Officer
- Raymond Matthew Dunbar Executive Officer
- Leon Charles Banks Executive Officer
Limited partners and their reported performance
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.
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
- Jul 21, 2020Venturesouth Angel Fund III LP first reported on Form ADV by Venturesouth Funds (Venture Capital Fund), GAV $4,500,000Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 15, 2019VentureSouth Angel Fund III LP filed Form D: $1,235,000 sold of $5,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: SOUTH CAROLINA Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: SOUTH CAROLINA Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.2M Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.2M Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $5.0M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $5.0M Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-01-01 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2019-01-01 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 25,000 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 25,000 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 225 SOUTH PLEASSANTBURG DRIVE, SUITE C-15, GREENVILLE, SC, 29607 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 225 SOUTH PLEASSANTBURG DRIVE, SUITE C-15, GREENVILLE, SC, 29607 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2018 Jan 15, 2019 Fact SEC EDGAR Form D data sets (quarterly)