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 / Fund III, a Series of N49p, LP

Fund III, a Series of N49p, LP

Active deploymentClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundAngellist AdvisorsDelaware
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
$25.2Mwhat may be sold, not what was raised; file 021-455571, sworn by the adviser or filed under this vehicle
Form D sold
$25.2Mas of the filing of Jul 22, 2024, 82 investors
First sale
Aug 4, 2022
Reported GAV
$6.2Mon the Form ADV filed Jun 14, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
29
Reported on ADV
Mar 30, 2023 to Jun 14, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2024-07-22: the stated $25.2M offering reported fully sold (fr-1)
evidence dated Jul 22, 2024. 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: 2022-08-04vintage year: $2,022adv gav as of: 2024-06-14vintage basis: form_d_first_saleform d sold usd: $25.2Mform d offering usd: $25.2Mform d latest filed at: 2024-07-22
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2023Venture Capital Fund$286,535
20$10,0000%no
Mar 29, 2024Venture Capital Fund$6.2M
29$10,0000%yes
Jun 14, 2024Venture Capital Fund$6.2M
29$10,0000%yes
Principals and agents
2 principals on Form D, 0 placement agents
  • Fund GP, LLC Director
  • Belltower Fund Group, Ltd. Director
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
5 events
  1. Jul 22, 2024
    Fund III, a series of N49P, LP filed Form D/A: $25,191,000 sold of $25,191,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 13, 2024
    Fund III, a series of N49P, LP filed Form D/A: $18,286,000 sold of $18,286,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Aug 29, 2023
    Fund III, a series of N49P, LP filed Form D/A: $13,375,000 sold of $13,375,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Mar 30, 2023
    Fund III, a Series of N49p, LP first reported on Form ADV by Angellist Advisors (Venture Capital Fund), GAV $286,535
    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)
  5. Aug 10, 2022
    Fund III, a series of N49P, LP filed Form D: $7,315,000 sold of $35,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
64 observations
Every observation on this vehicle