Data Point Capital III, L.P. is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Feb 25, 2021, it has sold $104,000,000 of interests to 154 investors since its first sale in Jan 2020. 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 Michael Majors; Scott Savitz; Geoff Oblak.
- Total raised
- $104,000,000Cumulative sales reported on Form D
- Investors
- 154
- First sale
- Jan 22, 2020
- 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
- Michael Majors; Scott Savitz; Geoff Oblak
- Latest Form D
- Feb 25, 2021
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 Data Point Capital III, L.P.
What is the minimum investment for Data Point Capital III, L.P.?
Data Point Capital III, L.P.'s latest Form D, filed Feb 25, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Data Point Capital III, L.P.?
Data Point Capital 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 Data Point Capital III, L.P. raised?
Data Point Capital III, L.P. reports $104,000,000 sold from 154 investors on its Form D filed Feb 25, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Data Point Capital III, L.P. based?
Data Point Capital III, L.P. is based in Boston, Massachusetts.
When did Data Point Capital III, L.P. launch?
Data Point Capital III, L.P. reports its first sale in Jan 2020.
Size compared with every venture capital fund
Raised more than 94% of the 528 venture capital funds based in Massachusetts, and more than 98% of all 14,800 that report sales.