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 / Lerer Ventures Iii-A, LLC
Lerer Ventures Iii-A, LLC
HarvestClosed to new capitalFundADV: Venture Capital FundLerer Hippeau Ventures Management, LLCDelaware
Amounts, each with its basis
- Vintage
- 2012basis: 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
- $36.1Mwhat may be sold, not what was raised; file 021-184122, sworn by the adviser or filed under this vehicle
- Form D sold
- $36.1Mas of the filing of Oct 23, 2012, 77 investors
- First sale
- Sep 14, 2012
- Reported GAV
- $3.0Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 7
- Reported on ADV
- Apr 1, 2013 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2012-10-23: the stated $36.1M offering reported fully sold (fr-1)
evidence dated Oct 23, 2012. 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: 14first sale: 2012-09-14vintage year: $2,012adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $36.1Mform d offering usd: $36.1Mform d latest filed at: 2012-10-23
The fund's own reporting through time
14 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 1, 2013 | Venture Capital Fund | $2.1M | 6 | $50,000 | 100% | no | |
| Mar 26, 2014 | Venture Capital Fund | $2.3M | 6 | $50,000 | 100% | no | |
| Mar 27, 2015 | Venture Capital Fund | $3.2M | 7 | $50,000 | 95% | no | |
| Mar 25, 2016 | Venture Capital Fund | $5.2M | 7 | $50,000 | 95% | no | |
| May 8, 2017 | Venture Capital Fund | $5.2M | 7 | $50,000 | 95% | no | |
| Mar 28, 2018 | Venture Capital Fund | $5.9M | 7 | $50,000 | 95% | no | |
| Mar 20, 2019 | Venture Capital Fund | $5.9M | 7 | $50,000 | 95% | no | |
| Sep 24, 2019 | Venture Capital Fund | $5.9M | 7 | $50,000 | 95% | no | |
| Mar 30, 2020 | Venture Capital Fund | $4.2M | 7 | $50,000 | 95% | no | |
| Mar 26, 2021 | Venture Capital Fund | $4.2M | 7 | $50,000 | 95% | no | |
| Mar 31, 2022 | Venture Capital Fund | $5.3M | 7 | $50,000 | 95% | no | |
| Mar 31, 2023 | Venture Capital Fund | $3.5M | 7 | $50,000 | 95% | no | |
| Sep 8, 2023 | Venture Capital Fund | $3.5M | 7 | $50,000 | 95% | no | |
| Mar 29, 2024 | Venture Capital Fund | $3.0M | 7 | $50,000 | 95% | no |
Principals and agents
6 principals on Form D, 0 placement agents
- Lerer Ventures III GP, LLC Promoter
- Kenneth Lerer Director
- Benjamin Lerer Director
- Jordan Cooper Director
- Eric Hippeau Director
- Lerer Ventures Management, LLC Promoter
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
- Apr 1, 2013Lerer Ventures Iii-A, LLC first reported on Form ADV by Lerer Ventures Management, LLC (Venture Capital Fund), GAV $2,149,880Fund 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)
- Oct 23, 2012Lerer Ventures III, LP filed Form D/A: $36,150,000 sold of $36,150,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Sep 13, 2012Lerer Ventures III, LP filed Form D: no sales yet of $30,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $36.1M Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $36.1M Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $30.0M Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1, 3C.7 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.1, 3C.7 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2012-09-14 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 77 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 560 BROADWAY, SUITE 308, NEW YORK, NY, 10012 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 560 BROADWAY, SUITE 308, NEW YORK, NY, 10012 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2012 Oct 23, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2012 Sep 13, 2012 Fact SEC EDGAR Form D data sets (quarterly)