DFX Intelligence
Teamworthy Ventures III LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 27 May 2021, Latest Form D filed on 27 May 2021: $45.5M sold of $125M offered, 29 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: 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
- $125Mwhat may be sold, not what was raised; file 021-387922, sworn by the adviser or filed under this vehicle
- Form D sold
- $45.5Mas of the filing of May 27, 2021, 29 investors
- First sale
- Feb 1, 2021
- Reported GAV
- $84.8Mon the Form ADV filed Mar 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 52
- Reported on ADV
- Mar 8, 2021 to Mar 12, 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.Unknown
latest Form D 2021-05-27, older than 15 months (fr-1)
evidence dated May 27, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Feb 1, 2021vintage year: 2021adv gav as of: Mar 12, 2026vintage basis: Form d first saleform d sold: $45.5Mform d offering: $125Mform d latest filed at: May 27, 2021
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 8, 2021 | Venture Capital Fund | $41.1M | 16 | 46% | yes | ||
| May 13, 2021 | Venture Capital Fund | $43.4M | 24 | 44% | yes | ||
| Feb 27, 2022 | Venture Capital Fund | $91.8M | 50 | 33% | yes | ||
| Mar 13, 2023 | Venture Capital Fund | $85.3M | 50 | 33% | yes | ||
| Mar 7, 2024 | Venture Capital Fund | $88.6M | 50 | 33% | yes | ||
| Mar 12, 2026 | Venture Capital Fund | $84.8M | 52 | 33% |
Principals and agents
2 principals on Form D, 1 placement agents
- Thomas Lehrman Executive Officer
- Thomas Lehrman Executive Officer
- Emerson Equity LLC placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorWithumSmith+Brown · PRINCETON, New Jersey, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 12, 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
- May 27, 2021Teamworthy Ventures III LP filed Form D/A: $45,450,000 sold of $125,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 8, 2021Teamworthy Ventures III LP first reported on Form ADV by Teamworthy Group LLC (Venture Capital Fund), GAV $41,056,500Fund first reported on Form ADV Fact Form ADV
- Jan 29, 2021Teamworthy Ventures III LP filed Form D: no sales yet of $125,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 27, 2021 Fact Form D
- Entity type: Limited Partnership Jan 29, 2021 Fact Form D
- Form D fund type: Venture Capital Fund May 27, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jan 29, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund May 27, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 29, 2021 Fact Form D
- Amendment: true May 27, 2021 Fact Form D
- Amendment: false Jan 29, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose May 27, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 29, 2021 Fact Form D
- Incorporated: withinFiveYears May 27, 2021 Fact Form D
- Incorporated: withinFiveYears Jan 29, 2021 Fact Form D
- Jurisdiction: Delaware May 27, 2021 Fact Form D
- Jurisdiction: Delaware Jan 29, 2021 Fact Form D
- Amount sold (Form D): $45.5M May 27, 2021 Fact Form D
- Amount sold (Form D): $0 Jan 29, 2021 Fact Form D
- Offering amount (Form D): $125M May 27, 2021 Fact Form D
- Offering amount (Form D): $125M Jan 29, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 May 27, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jan 29, 2021 Fact Form D
- First sale: 2021-02-01 May 27, 2021 Fact Form D
- Investors (Form D): 29 May 27, 2021 Fact Form D
- Investors (Form D): 0 Jan 29, 2021 Fact Form D
- Minimum investment (Form D): 0 May 27, 2021 Fact Form D
- Minimum investment (Form D): 0 Jan 29, 2021 Fact Form D
- Securities offered: Equity, pooled May 27, 2021 Fact Form D
- Securities offered: Equity, pooled Jan 29, 2021 Fact Form D
- Office address: May 27, 2021 Fact Form D
- Office address: Jan 29, 2021 Fact Form D
- Year of incorporation: 2021 May 27, 2021 Fact Form D
- Year of incorporation: 2021 Jan 29, 2021 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Teamworthy Ventures III LP 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
3 dated events on the change ledger, latest event first
- Form D filed2021-05-27source on record
- Fund first reported on ADV2021-03-08source on record
- Form D filed2021-01-29source 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.