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 / Comma Capital Fund III, LP
Comma Capital Fund III, LP
FundraisingActive offering evidenceFundADV: Venture Capital FundComma Capital Management, LLCDelaware
Amounts, each with its basis
- Vintage
- 2025basis: 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
- $40.0Mwhat may be sold, not what was raised; file 021-559264, sworn by the adviser or filed under this vehicle
- Form D sold
- $34.5Mas of the filing of Sep 30, 2025, 31 investors
- First sale
- Aug 25, 2025
- Reported GAV
- $39.4Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 73
- Reported on ADV
- Sep 12, 2026 to Sep 12, 2026
Fundraising evidence
Active offering evidence
Form D filed or amended 2025-09-30: sold $34.5M of a stated $40.0M offering (fr-1)
evidence dated Sep 30, 2025. 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
Fundraising
Form D within 18 months and the offering is not sold out
first sale: 2025-08-25vintage year: $2,025adv gav as of: 2026-09-12vintage basis: form_d_first_saleform d sold usd: $34.5Mform d offering usd: $40.0Mform d latest filed at: 2025-09-30
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | Venture Capital Fund | $39.4M | 73 | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Comma Capital Partners Fund III, LLC Director
- Adarsh Santosh Bhatt Director
- Comma Capital Partners Fund III, LLC general partner (ADV 7.B.(1).A.3)
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
1 events
- Sep 30, 2025Comma Capital Fund III, LP filed Form D: $34,500,000 sold of $40,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: COMMA CAPITAL FUND III, LP Sep 12, 2026 Fact IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Entity type: Limited Partnership Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $34.5M Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $40.0M Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2025-08-25 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 31 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1178 BROADWAY, 3RD FLOOR #1071, NEW YORK, NY, 10001 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2025 Sep 30, 2025 Fact SEC EDGAR Form D data sets (quarterly)