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 / 3lines 2016 Discretionary Fund LLC
3lines 2016 Discretionary Fund LLC
Amounts, each with its basis
- Vintage
- 2016basis: name year
- 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
- $3.3Mwhat may be sold, not what was raised; file 021-308618, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.2Mas of the filing of Mar 27, 2018, 22 investors
- First sale
- May 5, 2017
- Reported GAV
- $1.2Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 26
- Reported on ADV
- Mar 31, 2022 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2018-03-27, older than 15 months (fr-1)
evidence dated Mar 27, 2018. 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: 10first sale: 2017-05-05vintage year: $2,016adv gav as of: 2024-03-28vintage basis: name_yearform d sold usd: $1.2Mform d offering usd: $3.3Mform d latest filed at: 2018-03-27
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $1.5M | 26 | $50,000 | 7% | no | |
| Mar 31, 2023 | Venture Capital Fund | $1.6M | 26 | $50,000 | 7% | no | |
| Sep 13, 2023 | Venture Capital Fund | $1.6M | 26 | $50,000 | 7% | no | |
| Mar 28, 2024 | Venture Capital Fund | $1.2M | 26 | $50,000 | 7% | no |
Principals and agents
1 principals on Form D, 0 placement agents
- Krishna Kunapuli Director/Promoter
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 31, 20223lines 2016 Discretionary Fund LLC first reported on Form ADV by 3lines, LLC (Venture Capital Fund), GAV $1,480,000Fund 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)
- Mar 27, 20183Lines 2016 Discretionary Fund, LLC filed Form D: $1,200,000 sold of $3,250,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: COLORADO Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.2M Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $3.3M Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-05-05 Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 22 Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 3242 WINDRIDGE CIRCLE, HIGHLANDS RANCH, CO, 80126 Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2016 Mar 27, 2018 Fact SEC EDGAR Form D data sets (quarterly)