AltMountain

Thayer Ventures III, L.P.

Valencia, CA · CIK 1700621
Status: no Form D since Oct 2019. 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.

Thayer Ventures III, L.P. is a venture capital fund based in Valencia, California. According to its most recent Form D, filed Oct 11, 2019, it has sold $43,367,941 of interests to 14 investors since its first sale in Dec 2017. 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 General Partner Thayer Ventures GP III, L.l.c.

Total raised
$43,367,941Cumulative sales reported on Form D
Investors
14
First sale
Dec 15, 2017
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
General Partner Thayer Ventures GP III, L.l.c
Latest Form D
Oct 11, 2019

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 Thayer Ventures III, L.P.

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

Thayer Ventures III, L.P.'s latest Form D, filed Oct 11, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

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

Thayer 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(b), which does not allow general advertising.

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

Thayer Ventures III, L.P. reports $43,367,941 sold from 14 investors on its Form D filed Oct 11, 2019. This is cumulative sales since the offering began, not current assets or performance.

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

Thayer Ventures III, L.P. is based in Valencia, California.

When did Thayer Ventures III, L.P. launch?

Thayer Ventures III, L.P. reports its first sale in Dec 2017.

Size compared with every venture capital fund

Raised more than 89% of the 2,224 venture capital funds based in California, and more than 96% of all 14,835 that report sales.

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