DFX Intelligence
Drive Capital Overdrive Fund III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingActive offering evidenceADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- $810Moffered
Latest Form D filed on 15 Dec 2025: no amount sold reported of $810M offered. 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
- unknownno dated first sale or first report yet
- 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
- $810Mwhat may be sold, not what was raised; file 021-566732, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Dec 15, 2025
- First sale
- unknown
- Reported GAV
- $109Mon the Form ADV filed Jun 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 10
- Reported on ADV
- unknown
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.Active offering evidence
Form D filed or amended 2025-12-15: sold $0 of a stated $810.0M offering (fr-1)
evidence dated Dec 15, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: n/avintage year: n/aadv gav as of: Jun 17, 2026vintage basis: n/aform d sold: $0form d offering: $810Mform d latest filed at: Dec 15, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 17, 2026 | Venture Capital Fund | $109M | 10 | $500,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- Christopher Olsen Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorDeloitte · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- AdministratorZEDRA · BEACHWOOD, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- CustodianBMO HARRIS BANK, NA · CHICAGO, Illinois, United StatesForm ADV filed Jun 17, 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
3 events
- Jun 17, 2026Drive Capital Overdrive Fund III, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $108,600,000Fund first reported on Form ADV Inference Form ADV
- May 14, 2026Administrator changed: ZEDRA replaced GRYPHON FUND GROUP, LLC, first reported on the Form ADV filed May 14, 2026 (previous filing March 27, 2026)Administrator changed Fact Form ADV
- Dec 15, 2025Drive Capital Overdrive Fund III, L.P. filed Form D: no sales yet of $810,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 15, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Dec 15, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 15, 2025 Fact Form D
- Amendment: false Dec 15, 2025 Fact Form D
- Revenue range (Form D): Not Applicable Dec 15, 2025 Fact Form D
- Incorporated: withinFiveYears Dec 15, 2025 Fact Form D
- Jurisdiction: Delaware Dec 15, 2025 Fact Form D
- Amount sold (Form D): $0 Dec 15, 2025 Fact Form D
- Offering amount (Form D): $810M Dec 15, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 15, 2025 Fact Form D
- Investors (Form D): 0 Dec 15, 2025 Fact Form D
- Minimum investment (Form D): 0 Dec 15, 2025 Fact Form D
- Securities offered: pooled Dec 15, 2025 Fact Form D
- Office address: Dec 15, 2025 Fact Form D
- Year of incorporation: 2025 Dec 15, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Drive Capital Overdrive 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 ADV2026-06-17source on record
- Form D filed2025-12-15source 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.