AltMountain

Precursor Ventures III, L.P.

San Francisco, CA · CIK 1801051
506(c)
Status: no Form D since Nov 2020. 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.

Precursor Ventures III, L.P. is a venture capital fund based in San Francisco, California. Its most recent Form D, filed Nov 4, 2020, reports no sales yet. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Charles Hudson.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Charles Hudson
Latest Form D
Nov 4, 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

Questions about Precursor Ventures III, L.P.

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

Precursor Ventures III, L.P.'s latest Form D, filed Nov 4, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

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

Precursor 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(c), so it may advertise, but every investor must be verified as accredited.

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

Precursor Ventures III, L.P.'s latest Form D, filed Nov 4, 2020, reports no sales yet.

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

Precursor Ventures III, L.P. is based in San Francisco, California.

Size compared with every venture capital fund

This fund hasn't reported any sales yet.

More venture capital funds in San Francisco

Recently filed venture capital funds in California

All venture capital funds in California