DFX Intelligence
SYN Ventures Fund III LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingActive offering evidenceADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- $206Msold at the filing
Latest Form D filed on 24 Oct 2025: $206M sold of $300M offered, 79 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
Drawing the relationship network…
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
- $300Mwhat may be sold, not what was raised; file 021-562074, sworn by the adviser or filed under this vehicle
- Form D sold
- $206Mas of the filing of Oct 24, 2025, 79 investors
- First sale
- Oct 7, 2025
- Reported GAV
- $300Mon the Form ADV filed Mar 6, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 120
- Reported on ADV
- unknown
Fundraising evidence
What counts as raisingA 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.Active offering evidence
Form D filed or amended 2025-10-24: sold $206.1M of a stated $300.0M offering (fr-1)
evidence dated Oct 24, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: Oct 7, 2025vintage year: 2025adv gav as of: Mar 6, 2026vintage basis: Form d first saleform d sold: $206Mform d offering: $300Mform d latest filed at: Oct 24, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 6, 2026 | Venture Capital Fund | $300M | 120 | $50,000 | 4% |
Principals and agents
2 principals on Form D, 0 placement agents
- Jay Leek Executive Officer
- SYN Ventures GP III LLC Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 6, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · SAN FRANCISCO, California, United StatesForm ADV filed Mar 6, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 6, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach 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).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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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 6, 2026SYN Ventures Fund III LP first reported on Form ADV by SYN Ventures Management LLC (Venture Capital Fund), GAV $300,000,000Fund first reported on Form ADV Inference Form ADV
- Oct 24, 2025SYN Ventures Fund III LP filed Form D: $206,065,000 sold of $300,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 24, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Oct 24, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 24, 2025 Fact Form D
- Amendment: false Oct 24, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 24, 2025 Fact Form D
- Incorporated: withinFiveYears Oct 24, 2025 Fact Form D
- Jurisdiction: Delaware Oct 24, 2025 Fact Form D
- Amount sold (Form D): $206M Oct 24, 2025 Fact Form D
- Offering amount (Form D): $300M Oct 24, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Oct 24, 2025 Fact Form D
- First sale: 2025-10-07 Oct 24, 2025 Fact Form D
- Investors (Form D): 79 Oct 24, 2025 Fact Form D
- Minimum investment (Form D): 50,000 Oct 24, 2025 Fact Form D
- Securities offered: pooled Oct 24, 2025 Fact Form D
- Office address: Oct 24, 2025 Fact Form D
- Year of incorporation: 2025 Oct 24, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
SYN Ventures Fund III LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-06source on record
- Form D filed2025-10-24source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.