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 / Tech Council Ventures Iii-Ai LP
Tech Council Ventures Iii-Ai LP
Amounts, each with its basis
- Vintage
- 2023basis: 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
- $75.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-522478
- Form D sold
- $597,500as of the filing of Aug 27, 2024, 20 investors
- First sale
- Dec 29, 2023
- Reported GAV
- $7.5Mon the Form ADV filed Jun 18, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 25
- Reported on ADV
- Jun 18, 2024 to Jun 18, 2024
Fundraising evidence
Unknown
latest Form D 2024-08-27, older than 15 months (fr-1)
evidence dated Aug 27, 2024. 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
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-12-29vintage year: $2,023adv gav as of: 2024-06-18vintage basis: form_d_first_saleform d sold usd: $597,500form d offering usd: $75.0Mform d latest filed at: 2024-08-27
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 18, 2024 | Venture Capital Fund | $7.5M | 25 | $200,000 | 3% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- James T Gunton Executive Officer
- Stephen T. Socolof Executive Officer
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
- Aug 27, 2024Tech Council Ventures III-AI LP filed Form D: $597,500 sold of $75,000,000, Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jun 18, 2024Tech Council Ventures Iii-Ai LP first reported on Form ADV by Tech Council Ventures LLC (Venture Capital Fund), GAV $7,500,000Fund 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)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $597,500 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $75.0M Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-12-29 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 15 Westminster Road, SUMMIT, NJ, 07901 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Aug 27, 2024 Fact SEC EDGAR Form D data sets (quarterly)