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 / Dreamit Fund III, LP

Dreamit Fund III, LP

HarvestUnknownFundADV: Venture Capital FundDreamit VenturesDelaware
Amounts, each with its basis
Vintage
2018basis: 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
$50.0Mwhat 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 filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-304991
Form D sold
$37.8Mas of the filing of Feb 4, 2019, 23 investors
First sale
Jan 23, 2018
Reported GAV
$56.9Mon the Form ADV filed Mar 4, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
42
Reported on ADV
Mar 29, 2018 to Mar 4, 2024
Fundraising evidence
Unknown
latest Form D 2019-02-04, older than 15 months (fr-1)
evidence dated Feb 4, 2019. 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: 8first sale: 2018-01-23vintage year: $2,018adv gav as of: 2024-03-04vintage basis: form_d_first_saleform d sold usd: $37.8Mform d offering usd: $50.0Mform d latest filed at: 2019-02-04
The fund's own reporting through time
9 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2018Venture Capital Fund$1.1M
2$1.0M1%yes
Mar 22, 2019Venture Capital Fund$1.1M
23$1.0M1%yes
Jul 18, 2019Venture Capital Fund$7.5M
27$1.0M1%yes
Mar 3, 2020Venture Capital Fund$7.5M
27$1.0M1%yes
Mar 30, 2021Venture Capital Fund$7.5M
27$1.0M1%yes
Feb 15, 2022Venture Capital Fund$7.5M
27$1.0M1%yes
May 4, 2022Venture Capital Fund$24.8M
42$1.0M1%yes
Feb 21, 2023Venture Capital Fund$24.8M
42$1.0M1%yes
Mar 4, 2024Venture Capital Fund$56.9M
42$1.0M1%yes
Principals and agents
4 principals on Form D, 0 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. Feb 4, 2019
    Dreamit Fund III, L.P. filed Form D/A: $37,777,778 sold of $50,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 29, 2018
    Dreamit Fund III, LP first reported on Form ADV by Dreamit Ventures (Venture Capital Fund), GAV $1,150,000
    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. Feb 7, 2018
    Dreamit Fund III, L.P. filed Form D: $10,000,000 sold of $50,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle