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 / Correlation Ventures III, L.P.

Correlation Ventures III, L.P.

MatureUnknownFundADV: Venture Capital FundCorrelation Management, LLCDelaware
Amounts, each with its basis
Vintage
2021basis: 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
$200Mwhat may be sold, not what was raised; file 021-419105, sworn by the adviser or filed under this vehicle
Form D sold
$121Mas of the filing of Oct 27, 2022, 95 investors
First sale
Nov 2, 2021
Reported GAV
$114Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
52
Reported on ADV
Apr 7, 2022 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2022-10-27, older than 15 months (fr-1)
evidence dated Oct 27, 2022. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-11-02vintage year: $2,021adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $121Mform d offering usd: $200Mform d latest filed at: 2022-10-27
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Apr 7, 2022Venture Capital Fund$76.4M
52$1.0M1%yes
Mar 30, 2023Venture Capital Fund$120M
52$1.0M1%yes
Mar 28, 2024Venture Capital Fund$114M
52$1.0M1%yes
Principals and agents
4 principals on Form D, 1 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
3 events
  1. Oct 27, 2022
    Correlation Ventures III, L.P. filed Form D/A: $120,854,000 sold of $200,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Apr 7, 2022
    Correlation Ventures III, L.P. first reported on Form ADV by Correlation Management, LLC (Venture Capital Fund), GAV $76,362,991
    Fund 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)
  3. Oct 28, 2021
    Correlation Ventures III, L.P. filed Form D: no sales yet of $200,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle