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 / Playground Ventures III, LP
Playground Ventures III, LP
Amounts, each with its basis
- Vintage
- 2023basis: adv first reported
- 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
- $500Mwhat may be sold, not what was raised; file 021-433159, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Feb 10, 2022
- First sale
- unknown
- Reported GAV
- $363Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 145
- Reported on ADV
- Mar 27, 2023 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2022-02-10, older than 15 months (fr-1)
evidence dated Feb 10, 2022. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: n/avintage year: $2,023adv gav as of: 2024-03-27vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $500Mform d latest filed at: 2022-02-10
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2023 | Venture Capital Fund | $250M | 75 | 1% | yes | ||
| Mar 27, 2024 | Venture Capital Fund | $363M | 145 | 2% | yes |
Principals and agents
6 principals on Form D, 0 placement agents
- Matt Hershenson Director
- Jory Bell Director
- Bruce Leak Director
- Playground Ventures GP III, LLC Director
- Peter Barrett Director
- Laurie Yoler Director
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
- Mar 27, 2023Playground Ventures III, LP first reported on Form ADV by Playground Global (Venture Capital Fund), GAV $250,403,130Fund 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)
- Feb 10, 2022Playground Ventures III, L.P. filed Form D: no sales yet of $500,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $500M Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 380 PORTAGE AVE., PALO ALTO, CA, 94306 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Feb 10, 2022 Fact SEC EDGAR Form D data sets (quarterly)