Authentic Ventures III, L.P.
Authentic Ventures III, L.P. is a venture capital fund based in Oakland, California. According to its most recent Form D, filed Aug 13, 2025, it has sold $27,425,000 of interests to 23 investors since its first sale in Aug 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include General Partner Authentic Ventures General Partner III, LLC; Lindsay Lee.
- Total raised
- $27,425,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Aug 28, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- General Partner Authentic Ventures General Partner III, LLC; Lindsay Lee
- Latest Form D
- Aug 13, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Authentic Ventures III, L.P.
What is the minimum investment for Authentic Ventures III, L.P.?
Authentic Ventures III, L.P.'s latest Form D, filed Aug 13, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Authentic Ventures III, L.P.?
Authentic Ventures III, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Authentic Ventures III, L.P. raised?
Authentic Ventures III, L.P. reports $27,425,000 sold from 23 investors on its Form D filed Aug 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Authentic Ventures III, L.P. based?
Authentic Ventures III, L.P. is based in Oakland, California and is managed by Authentic Ventures Investment Manager, LLC.
When did Authentic Ventures III, L.P. launch?
Authentic Ventures III, L.P. reports its first sale in Aug 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 85% of the 2,268 venture capital funds based in California, and more than 94% of all 15,160 that report sales.