Initialized III L.P.
Initialized III L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jul 10, 2017, it has sold $125,000,000 of interests to 65 investors since its first sale in Jun 2016. 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 Alexis Ohanian; Garry Tan; Alina Libova.
- Total raised
- $125,000,000Cumulative sales reported on Form D
- Investors
- 65
- First sale
- Jun 7, 2016
- 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
- Alexis Ohanian; Garry Tan; Alina Libova
- Latest Form D
- Jul 10, 2017
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 Initialized III L.P.
What is the minimum investment for Initialized III L.P.?
Initialized III L.P.'s latest Form D, filed Jul 10, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Initialized III L.P.?
Initialized 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 Initialized III L.P. raised?
Initialized III L.P. reports $125,000,000 sold from 65 investors on its Form D filed Jul 10, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Initialized III L.P. based?
Initialized III L.P. is based in San Francisco, California.
When did Initialized III L.P. launch?
Initialized III L.P. reports its first sale in Jun 2016.
Size compared with every venture capital fund
Raised more than 95% of the 2,199 venture capital funds based in California, and more than 98% of all 14,768 that report sales.