AltMountain

Correlation Ventures III, L.P.

San Diego, CA · CIK 1890240
Status: no Form D since Oct 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Correlation Ventures III, L.P. is a venture capital fund based in San Diego, California. According to its most recent Form D, filed Oct 27, 2022, it has sold $120,854,000 of interests to 95 investors since its first sale in Nov 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Coats; Trevor Kienzle; Anu Pathria.

Total raised
$120,854,000Cumulative sales reported on Form D
Investors
95
First sale
Nov 2, 2021
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
David Coats; Trevor Kienzle; Anu Pathria
Latest Form D
Oct 27, 2022

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 Correlation Ventures III, L.P.

What is the minimum investment for Correlation Ventures III, L.P.?

Correlation Ventures III, L.P.'s latest Form D, filed Oct 27, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Correlation Ventures III, L.P.?

Correlation Ventures III, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Correlation Ventures III, L.P. raised?

Correlation Ventures III, L.P. reports $120,854,000 sold from 95 investors on its Form D filed Oct 27, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Correlation Ventures III, L.P. based?

Correlation Ventures III, L.P. is based in San Diego, California.

When did Correlation Ventures III, L.P. launch?

Correlation Ventures III, L.P. reports its first sale in Nov 2021.

Size compared with every venture capital fund

Raised more than 95% of the 2,216 venture capital funds based in California, and more than 98% of all 14,800 that report sales.

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