Venture
Drive Capital Fund III, L.P.
Sold $350M 2019-11-04Venture Capital Fund · adviser (attributed) Drive Capital LLC
- CIK 1773451
- File 021-337756
- State OH
- 506(b)
- 3(c)(1)
- 3(c)(7)
- Sought
- $350M
- Form D target
- Sold so far
- $350M
- 100% of sought · 2019-11-04
- Investors
- 61
- reported
- Minimum investment
- $500K
- per investor, as filed
Connected
from Form D 021-337756Fund size — sought vs sold
$350M of $350M$350M sold · 100%$350M sought
Facts
As its latest Form D states them
- Fund type
- Venture Capital Fund
- Adviser (attributed)
- Drive Capital LLC
- State
- Ohio (OH)
- Exemptions
- Rule 506(b); Investment Company Act Section 3(c)(1); Investment Company Act Section 3(c)(7)
- First filed
- 2019-04-19
- Latest filing
- 2019-11-04
- First sale
- 2019-04-05
- Filings
- 2 Form D
People
Named in Item 3 of its latest Form D, filed 2019-11-04
| Name | Relationship | Clarification |
|---|---|---|
| Christopher Olsen | RelationshipExecutive Officer, Promoter | ClarificationMr. Olsen is a managing member of the Issuer's general partner. |
| Mark D. Kvamme | RelationshipExecutive Officer, Promoter | ClarificationMr. Kvamme is a managing member of the Issuer's general partner. |
Amendments
amount sold · by filing date2019-11-04 · $350M
- 2019-04-19$307MD · 45 inv.
- 2019-11-04$350MD/A · 61 inv.
Hover a dot or row, or tab through the dots · bars scaled to the largest round ($350M)
The other funds of Drive Capital LLC (21 on Form ADV) and every Form D as filedSee plans
The firm and the filings behind Drive Capital Fund III, L.P.
A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.
- The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
- Where co-filings link it, the startups this fund backed
- Every Form D and amendment as filed, with what each one stated
- Everyone its filings name, linked to their other funds and companies
Part of the Venture plan — $140/mo at launch pricing ($350 list)
See plansExternal link: SEC Filings ↗