DFX Intelligence
Founders Fund Growth III, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Newly closedClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 11 Apr 2025, Latest Form D filed on 11 Apr 2025: $4.6B sold of $4.6B offered, 270 investors. A Form D amount is what was sold at the filing, never a final close.
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
- $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
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.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.
Lifecycle
Newly closed
Lifecycle
first sale within 24 months; Form D sold out or quiet
first sale: Mar 28, 2025vintage year: 2025adv gav as of: Sep 14, 2026vintage basis: Form d first saleform d sold: $4.6Bform d offering: $4.6Bform d latest filed at: Apr 11, 2025
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2026 | Venture Capital Fund | $4.2B | 237 | $100,000 | 10% | ||
| Sep 14, 2026 | $4.2B | 237 | $100,000 | 10% |
Principals and agents
6 principals on Form D, 0 placement agents
- The Founders Fund Growth III Management, LP Director
- FF Upper Tier GP, LLC Director
- Peter Thiel Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianCOINBASE CUSTODY TRUST COMPANY, LLC · NEW YORK, New York, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · JERSEY CITY, New Jersey, United StatesForm ADV filed Mar 30, 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Peter and Carmen Lucia Buck Foundation Inc | FOUNDATION | $1.6M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Commonwealth Fund | FOUNDATION | $1.6M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
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 30, 2026The Founders Fund Growth III, LP first reported on Form ADV by Founders Fund LLC (Venture Capital Fund), GAV $4,171,333,093Fund first reported on Form ADV Inference Form ADV
- Apr 11, 2025Founders Fund Growth III, LP filed Form D: $4,595,493,889 sold of $4,595,493,889, Venture Capital FundForm D filed Fact Form D
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: 4,171,333,093 Sep 14, 2026 Fact Form ADV
- Entity type: Limited Partnership Apr 11, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Apr 11, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 11, 2025 Fact Form D
- Amendment: false Apr 11, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 11, 2025 Fact Form D
- Incorporated: withinFiveYears Apr 11, 2025 Fact Form D
- Jurisdiction: Delaware Apr 11, 2025 Fact Form D
- Amount sold (Form D): $4.6B Apr 11, 2025 Fact Form D
- Offering amount (Form D): $4.6B Apr 11, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 11, 2025 Fact Form D
- First sale: 2025-03-28 Apr 11, 2025 Fact Form D
- Investors (Form D): 270 Apr 11, 2025 Fact Form D
- Minimum investment (Form D): 0 Apr 11, 2025 Fact Form D
- Securities offered: pooled Apr 11, 2025 Fact Form D
- Office address: Apr 11, 2025 Fact Form D
- Year of incorporation: 2025 Apr 11, 2025 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Founders Fund Growth III, LP is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-30source on record
- Form D filed2025-04-11source 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.