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 / Founders Fund Growth III, LP

Founders Fund Growth III, LP

Newly closedClosed to new capitalGrowth fundADV: Venture Capital FundFounders Fund LLCDelaware
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
$4.6Bwhat may be sold, not what was raised; file 021-543524, sworn by the adviser or filed under this vehicle
Form D sold
$4.6Bas of the filing of Apr 11, 2025, 270 investors
First sale
Mar 28, 2025
Reported GAV
$4.2Bon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
237
Reported on ADV
Sep 14, 2026 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2025-04-11: the stated $4.6bn offering reported fully sold (fr-1)
evidence dated Apr 11, 2025. 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
Newly closed
first sale within 24 months; Form D sold out or quiet
first sale: 2025-03-28vintage year: $2,025adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $4.6Bform d offering usd: $4.6Bform d latest filed at: 2025-04-11
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Sep 14, 2026$4.2B
237$100,00010%
Principals and agents
6 principals on Form D, 0 placement agents
  • Trae Stephens Director
  • The Founders Fund Growth III Management, LP Director
  • FF Upper Tier GP, LLC Director
  • Peter Thiel Director
  • Napoleon Ta Director
  • The Founders Fund Growth III Management, LP general partner (ADV 7.B.(1).A.3)
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
1 events
  1. Apr 11, 2025
    Founders Fund Growth III, LP filed Form D: $4,595,493,889 sold of $4,595,493,889, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
17 observations
Every observation on this vehicle