Dragonfly Ventures III, L.P.
Venture Capital FundFund ID 805-6057562128Cayman Islands
Gross assets
$1.33B
Min. investment
$5M
Beneficial owners
154
Size rank
Top 6%
Audited
Yes
Structure
Master
About this fund
Dragonfly Ventures III, L.P. is a venture capital fund managed by Dragonfly Digital Management, LLC. The fund reports $1.3 billion in gross assets, placing it among the top 6% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-6057562128 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | Yes |
| % of assets independently valued | 45% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Dragonfly Ventures L.P. | Other Private | $796.5M |
| Dragonfly Ventures IV, L.P. | Venture Capital | $709.8M |
| Dragonfly Ventures II, L.P. | Venture Capital | $244M |
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Join to unlock · $37/moFrequently asked questions
How large is Dragonfly Ventures III, L.P.?
Dragonfly Ventures III, L.P. reports $1.3 billion in gross assets, among the top 6% of private funds by size.
What is the minimum investment for Dragonfly Ventures III, L.P.?
The stated minimum investment is $5 million.
Who manages Dragonfly Ventures III, L.P.?
Dragonfly Ventures III, L.P. is managed by Dragonfly Digital Management, LLC.
Does Dragonfly Ventures III, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
D
San Francisco, CA
Service providers
Reported gross assets
$1.33B▼ 32%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 6%
Larger than 94% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 3%
Larger than 97% of 5,217 venture capital funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons16%
Funds of funds6%
Non-U.S. persons7%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.