Lightspeed Opportunity Fund III, L.P.
Lightspeed Opportunity Fund III, L.P. is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Dec 16, 2025, it has sold $3,282,519,005 of interests to 191 investors since its first sale in Dec 2024. 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 Ravi Mhatre; Lightspeed Ultimate General Partner Opportunity Fund III, L.L.C; Lightspeed General Partner Opportunity Fund III, L.P.
- Total raised
- $3,282,519,005Cumulative sales reported on Form D
- Investors
- 191
- First sale
- Dec 13, 2024
- 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
- Ravi Mhatre; Lightspeed Ultimate General Partner Opportunity Fund III, L.L.C; Lightspeed General Partner Opportunity Fund III, L.P
- Latest Form D
- Dec 16, 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 Lightspeed Opportunity Fund III, L.P.
What is the minimum investment for Lightspeed Opportunity Fund III, L.P.?
Lightspeed Opportunity Fund III, L.P.'s latest Form D, filed Dec 16, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lightspeed Opportunity Fund III, L.P.?
Lightspeed Opportunity Fund 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 Lightspeed Opportunity Fund III, L.P. raised?
Lightspeed Opportunity Fund III, L.P. reports $3,282,519,005 sold from 191 investors on its Form D filed Dec 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Lightspeed Opportunity Fund III, L.P. based?
Lightspeed Opportunity Fund III, L.P. is based in Menlo Park, California.
When did Lightspeed Opportunity Fund III, L.P. launch?
Lightspeed Opportunity Fund III, L.P. reports its first sale in Dec 2024.
Size compared with every venture capital fund
Raised more than 100% of the 2,268 venture capital funds based in California, and more than 100% of all 15,160 that report sales.
Other funds with the same team
- Lightspeed Venture Partners XV-B (Ignite), L.P.$1.2B
- Lightspeed Venture Partners XV-A (Inception), L.P.$978M
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