BBG Ventures III, L.P. is a venture capital fund based in New York, New York. According to its most recent Form D, filed Aug 5, 2020, it has sold $24,528,990 of interests to 32 investors since its first sale in Aug 2019. 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. Related persons named in the filing include Susan Lyne; Nisha Dua.
- Total raised
- $24,528,990Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Aug 9, 2019
- 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
- Susan Lyne; Nisha Dua
- Latest Form D
- Aug 5, 2020
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Aug 5, 2020 | Amendment | $24,528,990 | 32 | SEC.gov ↗ |
| Aug 8, 2019 | First notice | $0 | 0 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Aug 8, 2019. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about BBG Ventures III, L.P.
What is the minimum investment for BBG Ventures III, L.P.?
BBG Ventures III, L.P.'s latest Form D, filed Aug 5, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BBG Ventures III, L.P.?
BBG 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 BBG Ventures III, L.P. raised?
BBG Ventures III, L.P. reports $24,528,990 sold from 32 investors on its Form D filed Aug 5, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is BBG Ventures III, L.P. based?
BBG Ventures III, L.P. is based in New York, New York.
When did BBG Ventures III, L.P. launch?
BBG Ventures III, L.P. reports its first sale in Aug 2019.
Size compared with every venture capital fund
Raised more than 87% of the 1,239 venture capital funds based in New York, and more than 93% of all 14,865 that report sales.