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

HarvestUnknownFundADV: Venture Capital Fund3lines, LLCColorado
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
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Venture Capital Fund$1.5M
26$50,0007%no
Mar 31, 2023Venture Capital Fund$1.6M
26$50,0007%no
Sep 13, 2023Venture Capital Fund$1.6M
26$50,0007%no
Mar 28, 2024Venture Capital Fund$1.2M
26$50,0007%no
Principals and agents
1 principals on Form D, 0 placement agents
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
  1. Mar 31, 2022
    3lines 2016 Discretionary Fund LLC first reported on Form ADV by 3lines, LLC (Venture Capital Fund), GAV $1,480,000
  2. Mar 27, 2018
    3Lines 2016 Discretionary Fund, LLC filed Form D: $1,200,000 sold of $3,250,000, Venture Capital Fund
Evidence
16 observations
Every observation on this vehicle