Squadra Ventures III, LP is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Mar 26, 2026, it has sold $24,030,000 of interests to 10 investors since its first sale in Dec 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Squadra Ventures GP III, LLC; Guy Filippelli.
- Total raised
- $24,030,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Dec 15, 2025
- 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
- Squadra Ventures GP III, LLC; Guy Filippelli
- Latest Form D
- Mar 26, 2026
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 Squadra Ventures III, LP
What is the minimum investment for Squadra Ventures III, LP?
Squadra Ventures III, LP's latest Form D, filed Mar 26, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Squadra Ventures III, LP?
Squadra Ventures III, LP 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 Squadra Ventures III, LP raised?
Squadra Ventures III, LP reports $24,030,000 sold from 10 investors on its Form D filed Mar 26, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Squadra Ventures III, LP based?
Squadra Ventures III, LP is based in Baltimore, Maryland and is managed by Squadra Ventures.
When did Squadra Ventures III, LP launch?
Squadra Ventures III, LP reports its first sale in Dec 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 90% of the 92 venture capital funds based in Maryland, and more than 93% of all 15,160 that report sales.