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 / Madrona Venture Fund III, LP

Madrona Venture Fund III, LP

UnknownUnknownFundADV: Venture Capital FundMadrona Venture Group, LLCDelaware
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
unknownwhat may be sold, not what was raised; file 021-78950, sworn by the adviser or filed under this vehicle
Form D sold
unknown
First sale
unknown
Reported GAV
$12.9Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
89
Reported on ADV
Feb 17, 2012 to Mar 28, 2024
Structure
master
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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: 2024-03-28vintage basis: n/aform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
14 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 17, 2012Venture Capital Fund$199M
93$1.0M6%yes
Mar 28, 2013Venture Capital Fund$257M
93$1.0M6%yes
Mar 19, 2014Venture Capital Fund$303M
93$1.0M6%yes
Mar 27, 2015Venture Capital Fund$374M
93$1.0M6%yes
Mar 29, 2016Venture Capital Fund$344M
93$1.0M6%yes
Mar 28, 2017Venture Capital Fund$306M
93$1.0M6%yes
Mar 28, 2018Venture Capital Fund$577M
93$1.0M7%yes
Mar 28, 2019Venture Capital Fund$493M
88$1.0M7%yes
Mar 30, 2020Venture Capital Fund$240M
93$1.0M7%yes
Mar 30, 2020Venture Capital Fund$240M
93$1.0M7%yes
Mar 29, 2021Venture Capital Fund$103M
93$1.0M7%yes
Mar 25, 2022Venture Capital Fund$56.2M
89$1.0M7%yes
Mar 28, 2023Venture Capital Fund$52.4M
89$1.0M2%yes
Mar 28, 2024Venture Capital Fund$12.9M
89$1.0M2%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
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. Feb 17, 2012
    Madrona Venture Fund III, LP first reported on Form ADV by Madrona Venture Group, LLC (Venture Capital Fund), GAV $199,426,522
Evidence
0 observations
Every observation on this vehicle