DFX Intelligence
Collab III L-B, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital FundFeeder or parallel vehicle
A feeder, parallel or offshore vehicle of a main fund; its assets may overlap the main fund's.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- -41%reported GAV
Reported gross assets fell from $12M to $7.08M between the Form ADV filings of 2 Oct 2024 and 27 Aug 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
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
- $7.0Mwhat may be sold, not what was raised; file 021-346989, sworn by the adviser or filed under this vehicle
- Form D sold
- $7.0Mas of the filing of Aug 20, 2019, 2 investors
- First sale
- Aug 12, 2019
- Reported GAV
- $7.1Mon the Form ADV filed Aug 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 24, 2020 to Aug 27, 2026
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.Closed to new capital
Form D filed or amended 2019-08-20: the stated $7.0M offering reported fully sold (fr-1)
evidence dated Aug 20, 2019.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Aug 12, 2019vintage year: 2019adv gav as of: Aug 27, 2026vintage basis: Form d first saleform d sold: $7.0Mform d offering: $7.0Mform d latest filed at: Aug 20, 2019
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 24, 2020 | Venture Capital Fund | $7.2M | 2 | $3.0M | 0% | no | |
| May 28, 2020 | Venture Capital Fund | $7.2M | 2 | $3.0M | 0% | no | |
| Jul 28, 2020 | Venture Capital Fund | $7.2M | 2 | $3.0M | 0% | no | |
| Mar 30, 2021 | Venture Capital Fund | $7.2M | 2 | $3.0M | 0% | no | |
| Mar 28, 2022 | Venture Capital Fund | $7.2M | 2 | $3.0M | 0% | no | |
| Mar 30, 2023 | Venture Capital Fund | $12.0M | 2 | $3.0M | 0% | no | |
| Mar 22, 2024 | Venture Capital Fund | $12.0M | 2 | $3.0M | 0% | no | |
| Oct 2, 2024 | Venture Capital Fund | $12.0M | 2 | $3.0M | 0% | no | |
| Aug 27, 2026 | Venture Capital Fund | $7.1M | 2 | $3.0M | 0% |
Principals and agents
2 principals on Form D, 0 placement agents
- Collab GP Growth, LLC Director
- Craig Shapiro Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorBDO · PHILADELPHIA, Pennsylvania, United StatesForm ADV filed Aug 27, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Aug 27, 2026 reports.adviserinfo.sec.gov
- CustodianPACIFIC WESTERN BANK · LOS ANGELES, California, United StatesForm ADV filed Aug 27, 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
- Aug 26, 2026Administrator changed: Carta replaced Standish Management, first reported on the Form ADV filed August 26, 2026 (previous filing March 27, 2026)Administrator changed Fact Form ADV
- Mar 24, 2020Collab III L-B, LLC first reported on Form ADV by Collaborative Fund Management LLC (Venture Capital Fund), GAV $7,199,040Fund first reported on Form ADV Fact Form ADV
- Aug 20, 2019Collab III L-B, LLC filed Form D: $7,000,000 sold of $7,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Fact Form D
- Entity type: Limited Liability Company Aug 20, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Aug 20, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Aug 20, 2019 Fact Form D
- Amendment: false Fact Form D
- Amendment: false Aug 20, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 20, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Aug 20, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Aug 20, 2019 Fact Form D
- Amount sold (Form D): $7.0M Fact Form D
- Amount sold (Form D): $7.0M Aug 20, 2019 Fact Form D
- Offering amount (Form D): $7.0M Fact Form D
- Offering amount (Form D): $7.0M Aug 20, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 20, 2019 Fact Form D
- First sale: 2019-08-12 Fact Form D
- First sale: 2019-08-12 Aug 20, 2019 Fact Form D
- Investors (Form D): 2 Fact Form D
- Investors (Form D): 2 Aug 20, 2019 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Aug 20, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Aug 20, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Aug 20, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Aug 20, 2019 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Collab III L-B, LLC 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 ADV2020-03-24source on record
- Form D filed2019-08-20source 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.