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 / Obvious Ventures III, L.P.

Obvious Ventures III, L.P.

MatureUnknownFundADV: Venture Capital FundObvious VenturesDelaware
Amounts, each with its basis
Vintage
2019basis: 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; file 021-336609, sworn by the adviser or filed under this vehicle
Form D sold
$272Mas of the filing of Jan 13, 2020, 97 investors
First sale
May 8, 2019
Reported GAV
$394Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
99
Reported on ADV
Mar 28, 2020 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2020-01-13, older than 15 months (fr-1)
evidence dated Jan 13, 2020. 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
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-05-08vintage year: $2,019adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $272Mform d offering usd: n/aform d latest filed at: 2020-01-13
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2020Venture Capital Fund$270M
11215%yes
Mar 30, 2021Venture Capital Fund$287M
9815%yes
Mar 30, 2022Venture Capital Fund$417M
9815%yes
Dec 14, 2022Venture Capital Fund$438M
9815%yes
Mar 30, 2023Venture Capital Fund$447M
9815%yes
Mar 28, 2024Venture Capital Fund$394M
999%yes
Principals and agents
1 principals on Form D, 1 placement agents
  • Obvious Ventures GP III, L.L.C. Promoter
  • Oppenheimer & Co. Inc. placement agent
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. Mar 28, 2020
    Obvious Ventures III, L.P. first reported on Form ADV by Obvious Ventures (Venture Capital Fund), GAV $270,141,233
    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. Jan 13, 2020
    Obvious Ventures III, L.P. filed Form D/A: $271,828,182 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jul 26, 2019
    Obvious Ventures III, L.P. filed Form D/A: $154,250,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. May 7, 2019
    Obvious Ventures III, L.P. filed Form D/A: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  5. Apr 5, 2019
    Obvious Ventures III, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
84 observations
Every observation on this vehicle