ParaFi Venture Fund III LP

Fundmanaged by NSV Management LLC· Delaware
Vintage
2025
Form D sold
$52.7M
Reported gross assets
$74.8M
Form ADV, Sep 18, 2026
FundraisingActive offering evidenceADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

2 additional placement agents

Every relationship, signal and contact on this record, with the source on each.

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What matters now

  1. $52.7M
    sold at the filing

    Latest Form D filed on 7 Oct 2025: $52.7M sold of $100M offered, 59 investors. A Form D amount is what was sold at the filing, never a final close.

    A new or amended Form D means the vehicle is taking money now.

    FactSEC Form DFor LPs, placement agentsFundraising evidence →
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
$100Mwhat may be sold, not what was raised; file 021-560051, sworn by the adviser or filed under this vehicle
Form D sold
$52.7Mas of the filing of Oct 7, 2025, 59 investors
First sale
Oct 1, 2025
Reported GAV
$74.8Mon the Form ADV filed Sep 18, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
88
Reported on ADV
unknown

Fundraising evidence

Active offering evidence
Form D filed or amended 2025-10-07: sold $52.7M of a stated $100.0M offering (fr-1)
evidence dated Oct 7, 2025.

Lifecycle

Fundraising
Form D within 18 months and the offering is not sold out
first sale: Oct 1, 2025vintage year: 2025adv gav as of: Sep 18, 2026vintage basis: Form d first saleform d sold: $52.7Mform d offering: $100Mform d latest filed at: Oct 7, 2025

The fund's own reporting through time

1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Sep 18, 2026Venture Capital Fund$74.8M
882%

Principals and agents

3 principals on Form D, 0 placement agents
  • Parafi Capital LLC Executive Officer
  • ParaFi Venture GP III LLC Executive Officer
  • Benjamin Forman Executive Officer

Service providers

5 named on Form ADV Schedule D and Form D

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.

Known LPs and allocators

0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.

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. Sep 18, 2026
    Parafi Venture Fund III LP first reported on Form ADV by Parafi Capital LP (Venture Capital Fund), GAV $74,830,313
    Fund first reported on Form ADV Inference Form ADV
  2. Oct 7, 2025
    ParaFi Venture Fund III LP filed Form D: $52,735,000 sold of $100,000,000, Venture Capital Fund
    Form D filed Fact Form D

Evidence

16 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Oct 7, 2025 Fact Form D
  • Form D fund type: Venture Capital Fund Oct 7, 2025 Fact Form D
  • Form D industry group: Pooled Investment Fund Oct 7, 2025 Fact Form D
  • Amendment: false Oct 7, 2025 Fact Form D
  • Revenue range (Form D): Decline to Disclose Oct 7, 2025 Fact Form D
  • Incorporated: withinFiveYears Oct 7, 2025 Fact Form D
  • Jurisdiction: Delaware Oct 7, 2025 Fact Form D
  • Amount sold (Form D): $52.7M Oct 7, 2025 Fact Form D
  • Offering amount (Form D): $100M Oct 7, 2025 Fact Form D
  • Exemptions: 06b, 3C, 3C.7 Oct 7, 2025 Fact Form D
  • First sale: 2025-10-01 Oct 7, 2025 Fact Form D
  • Investors (Form D): 59 Oct 7, 2025 Fact Form D
  • Minimum investment (Form D): 0 Oct 7, 2025 Fact Form D
  • Securities offered: pooled Oct 7, 2025 Fact Form D
  • Office address: Oct 7, 2025 Fact Form D
  • Year of incorporation: 2025 Oct 7, 2025 Fact Form D

Relationships across DFX

on 1 other DFX graph
Across the graphs

ParaFi Venture Fund III LP is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Record history

2 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2026-09-18source on record
  • Form D filed
    2025-10-07source 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.