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 / Westly Capital Partners Fund III, L.P.
Westly Capital Partners Fund III, L.P.
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- $150Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.70); file 021-269434
- Form D sold
- $0as of the filing of Aug 23, 2016
- First sale
- unknown
- Reported GAV
- $149Mon the Form ADV filed Dec 23, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 28
- Reported on ADV
- Dec 23, 2024 to Dec 23, 2024
Fundraising evidence
Unknown
latest Form D 2016-08-23, older than 15 months (fr-1)
evidence dated Aug 23, 2016. 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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-12-23vintage basis: n/aform d sold usd: 0form d offering usd: $150Mform d latest filed at: 2016-08-23
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 23, 2024 | Venture Capital Fund | $149M | 28 | $200,000 | 1% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Steve Westly Executive Officer
- David Coglizer Executive Officer
- Lisa Lambert Executive Officer
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
- Dec 23, 2024Westly Capital Partners Fund III, L.P. first reported on Form ADV by Westly Capital Management III, L.L.C. (Venture Capital Fund), GAV $148,657,382Fund 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)
- Aug 23, 2016Westly Capital Partners Fund III, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
14 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $150M Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2200 SAND HILL ROAD, SUITE 250, MENLO PARK, CA, 94025 Aug 23, 2016 Fact SEC EDGAR Form D data sets (quarterly)