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 / Softtech Vc III, LP
Softtech Vc III, LP
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
- $55.0Mwhat may be sold, not what was raised; file 021-153045, sworn by the adviser or filed under this vehicle
- Form D sold
- $55.0Mas of the filing of Jan 26, 2012, 53 investors
- First sale
- Dec 23, 2010
- Reported GAV
- $88.7Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 57
- Reported on ADV
- Mar 6, 2012 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2012-01-26: the stated $55.0M offering reported fully sold (fr-1)
evidence dated Jan 26, 2012. 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: 2010-12-23vintage year: $2,010adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $55.0Mform d offering usd: $55.0Mform d latest filed at: 2012-01-26
The fund's own reporting through time
16 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 6, 2012 | Venture Capital Fund | $53.4M | 50 | $25,000 | 5% | yes | |
| Mar 8, 2013 | Venture Capital Fund | $40.1M | 50 | $25,000 | 5% | yes | |
| Mar 26, 2014 | Venture Capital Fund | $40.1M | 50 | $25,000 | 1% | yes | |
| Mar 17, 2015 | Venture Capital Fund | $40.1M | 50 | $25,000 | 1% | yes | |
| Mar 14, 2016 | Venture Capital Fund | $207M | 50 | $25,000 | 1% | yes | |
| Mar 14, 2017 | Venture Capital Fund | $131M | 57 | $25,000 | 1% | yes | |
| Dec 6, 2017 | Venture Capital Fund | $131M | 57 | $25,000 | 1% | yes | |
| Mar 14, 2018 | Venture Capital Fund | $118M | 57 | $25,000 | 1% | yes | |
| Mar 12, 2019 | Venture Capital Fund | $141M | 57 | $25,000 | 1% | yes | |
| Mar 18, 2020 | Venture Capital Fund | $133M | 57 | $25,000 | 1% | yes | |
| Mar 18, 2020 | Venture Capital Fund | $139M | 57 | $25,000 | 1% | yes | |
| Mar 19, 2021 | Venture Capital Fund | $113M | 57 | $25,000 | 1% | yes | |
| Jun 22, 2021 | Venture Capital Fund | $113M | 57 | $25,000 | 1% | yes | |
| Mar 28, 2022 | Venture Capital Fund | $107M | 57 | $25,000 | 1% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $96.8M | 57 | $25,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $88.7M | 57 | $25,000 | 1% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Charles Hudson Executive Officer
- Jean-Francois Clavier Executive Officer
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| San Diego City Employees' Retirement System content.sdcers.gov | 2011 | $10.0M | $9.3M | $29.5M | $10.9M | 20.2% | 4.4x | Mar 31, 2026 |
Each 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).
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
5 events
- Mar 31, 2026SDCERS reports SoftTech VC III, L.P.: $10,000,000 committed, vintage 2011, net IRR 20.2%, 4.37xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 6, 2012Softtech Vc III, LP first reported on Form ADV by Softtech Vc Inc. (Venture Capital Fund), GAV $53,372,929Fund 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)
- Jan 26, 2012SoftTech VC III, L.P. filed Form D/A: $55,000,000 sold of $55,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Nov 29, 2011SoftTech VC III, L.P. filed Form D/A: $35,400,000 sold of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jan 5, 2011SoftTech VC III, L.P. filed Form D: $14,525,000 sold of $35,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
48 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $55.0M Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $35.4M Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $14.5M Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $55.0M Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $35.0M Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2010-12-23 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2010-12-23 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2010-12-23 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 53 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 44 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 26 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 395 Page Mill Road, Suite 110, PALO ALTO, CA, 94306 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 395 Page Mill Road, Suite 110, PALO ALTO, CA, 94306 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 420 FLORENCE AVENUE, SUITE 200, PALO ALTO, CA, 94301 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2010 Jan 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2010 Nov 29, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2010 Jan 5, 2011 Fact SEC EDGAR Form D data sets (quarterly)