Refactor Capital III, L.P.
Refactor Capital III, L.P. is a venture capital fund based in Burlingame, California. According to its most recent Form D, filed Jun 2, 2021, it has sold $50,000,000 of interests to 41 investors since its first sale in Mar 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 Refactor Capital GP III, LLC; Zal Bilimoria.
- Total raised
- $50,000,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Mar 8, 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
- Refactor Capital GP III, LLC; Zal Bilimoria
- Latest Form D
- Jun 2, 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 Refactor Capital III, L.P.
What is the minimum investment for Refactor Capital III, L.P.?
Refactor Capital III, L.P.'s latest Form D, filed Jun 2, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Refactor Capital III, L.P.?
Refactor 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 Refactor Capital III, L.P. raised?
Refactor Capital III, L.P. reports $50,000,000 sold from 41 investors on its Form D filed Jun 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Refactor Capital III, L.P. based?
Refactor Capital III, L.P. is based in Burlingame, California.
When did Refactor Capital III, L.P. launch?
Refactor Capital III, L.P. reports its first sale in Mar 2021.
Size compared with every venture capital fund
Raised more than 90% of the 2,227 venture capital funds based in California, and more than 96% of all 14,865 that report sales.