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 / Ripple Ventures Fund III LP

Ripple Ventures Fund III LP

Active deploymentUnknownFundADV: Venture Capital FundRipple Manager Inc.Canada
Amounts, each with its basis
Vintage
2022basis: 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
indefinitewhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-476149
Form D sold
$535,000as of the filing of Mar 17, 2023, 5 investors
First sale
May 9, 2022
Reported GAV
$8.5Mon the Form ADV filed Mar 21, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
30
Reported on ADV
May 10, 2023 to Mar 21, 2024
Fundraising evidence
Unknown
latest Form D 2023-03-17, older than 15 months (fr-1)
evidence dated Mar 17, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-05-09vintage year: $2,022adv gav as of: 2024-03-21vintage basis: form_d_first_saleform d sold usd: $535,000form d offering usd: n/aform d latest filed at: 2023-03-17
The fund's own reporting through time
2 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
May 10, 2023Venture Capital Fund$6.6M
23$10,0004%yes
Mar 21, 2024Venture Capital Fund$8.5M
30$10,0002%yes
Principals and agents
2 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
2 events
  1. May 10, 2023
    Ripple Ventures Fund III LP first reported on Form ADV by Ripple Manager Inc. (Venture Capital Fund), GAV $6,638,500
    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)
  2. Mar 17, 2023
    Ripple Ventures Fund III LP filed Form D: $535,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle