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 / Merus Capital III, L.P.
Merus Capital III, L.P.
Amounts, each with its basis
- Vintage
- 2015basis: 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 021-254020, sworn by the adviser or filed under this vehicle
- Form D sold
- $45.3Mas of the filing of Dec 29, 2015, 15 investors
- First sale
- Dec 15, 2015
- Reported GAV
- $69.4Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 36
- Reported on ADV
- Mar 9, 2017 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2015-12-29, older than 15 months (fr-1)
evidence dated Dec 29, 2015. 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
Harvest
vintage over 7 years, still reported
age years: 11first sale: 2015-12-15vintage year: $2,015adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $45.3Mform d offering usd: n/aform d latest filed at: 2015-12-29
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 9, 2017 | Venture Capital Fund | $16.6M | 36 | $100,000 | 3% | yes | |
| Mar 22, 2018 | Venture Capital Fund | $75.6M | 36 | $100,000 | 3% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $77.7M | 36 | $100,000 | 3% | yes | |
| Mar 31, 2020 | Venture Capital Fund | $87.9M | 36 | $100,000 | 3% | yes | |
| Sep 4, 2020 | Venture Capital Fund | $87.9M | 36 | $100,000 | 3% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $70.1M | 36 | $100,000 | 3% | yes | |
| Apr 1, 2022 | Venture Capital Fund | $83.0M | 36 | $100,000 | 3% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $66.1M | 36 | $100,000 | 3% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $69.4M | 36 | $100,000 | 3% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- General Partner Merus Capital Management III, L.P. Promoter
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
- Mar 9, 2017Merus Capital III, L.P. first reported on Form ADV by Merus Capital Management Company, LLC (Venture Capital Fund), GAV $16,619,998Fund 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)
- Dec 29, 2015Merus Capital III, L.P. filed Form D: $45,300,000 sold (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $45.3M Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2015-12-15 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 15 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 505 HAMILTON AVENUE, SUITE 315, PALO ALTO, CA, 94301 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Dec 29, 2015 Fact SEC EDGAR Form D data sets (quarterly)