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 / Floodgate Fund III, L.P.

Floodgate Fund III, L.P.

HarvestClosed to new capitalFundADV: Venture Capital FundFloodgateDelaware
Amounts, each with its basis
Vintage
2010basis: 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
$73.5Mwhat may be sold, not what was raised; file 021-145691, sworn by the adviser or filed under this vehicle
Form D sold
$73.5Mas of the filing of Jul 30, 2010, 11 investors
First sale
Jul 15, 2010
Reported GAV
$12.6Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
12
Reported on ADV
Mar 30, 2012 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2010-07-30: the stated $73.5M offering reported fully sold (fr-1)
evidence dated Jul 30, 2010. 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
Harvest
vintage over 7 years, still reported
age years: 16first sale: 2010-07-15vintage year: $2,010adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $73.5Mform d offering usd: $73.5Mform d latest filed at: 2010-07-30
The fund's own reporting through time
15 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2012Venture Capital Fund$86.7M
12$800,0002%yes
Dec 12, 2012Venture Capital Fund$86.7M
12$800,0002%yes
Apr 1, 2013Venture Capital Fund$99.2M
12$800,0002%yes
Mar 31, 2014Venture Capital Fund$94.4M
12$800,0002%yes
Mar 27, 2015Venture Capital Fund$118M
12$800,0002%yes
Mar 29, 2016Venture Capital Fund$144M
12$800,0002%yes
Mar 29, 2017Venture Capital Fund$124M
12$800,0002%yes
Mar 30, 2018Venture Capital Fund$77.3M
12$800,0002%yes
Mar 28, 2019Venture Capital Fund$62.1M
12$800,0002%yes
Mar 30, 2020Venture Capital Fund$38.2M
12$800,0002%yes
Jul 22, 2020Venture Capital Fund$38.2M
12$800,0002%yes
Mar 30, 2021Venture Capital Fund$30.7M
12$800,0002%yes
Mar 30, 2022Venture Capital Fund$39.2M
12$800,0002%yes
Mar 30, 2023Venture Capital Fund$14.4M
12$800,0002%yes
Mar 29, 2024Venture Capital Fund$12.6M
12$800,0002%yes
Principals and agents
2 principals on Form D, 0 placement agents
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
3 events
  1. Mar 30, 2012
    Floodgate Fund III, L.P. first reported on Form ADV by Floodgate (Venture Capital Fund), GAV $86,695,525
    Fund 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)
  2. Aug 2, 2010
    Floodgate Fund III, L.P. filed Form D/A: $73,500,000 sold of $73,500,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jul 30, 2010
    Floodgate Fund III, L.P. filed Form D: $73,500,000 sold of $73,500,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle