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Lightspeed Opportunity Fund III, L.P.

Venture Capital FundFund ID 805-2085114663Delaware, United States
Gross assets
$4.29B
Min. investment
Beneficial owners
192
Size rank
Top 1%
Audited
Yes
Structure
Standalone

About this fund

Lightspeed Opportunity Fund III, L.P. is a venture capital fund managed by Lightspeed Management Company, L.L.C.. The fund reports $4.3 billion in gross assets, placing it among the top 1% of private funds by size. 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 ID805-2085114663
Fund typeVenture Capital Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Lightspeed Opportunity Fund II, L.P.Venture Capital$5.38B
Lightspeed Venture Partners Select V, L.P.Venture Capital$3.96B
Lightspeed Venture Partners Select IV, L.P.Venture Capital$2.69B
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Frequently asked questions

How large is Lightspeed Opportunity Fund III, L.P.?

Lightspeed Opportunity Fund III, L.P. reports $4.3 billion in gross assets, among the top 1% of private funds by size.

Who manages Lightspeed Opportunity Fund III, L.P.?

Lightspeed Opportunity Fund III, L.P. is managed by Lightspeed Management Company, L.L.C.

Does Lightspeed Opportunity Fund III, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Prime broker
None reported
Auditor

Reported gross assets

$4.29B▲ 285%
Mar '25 — $1.12BApr '25 — $1.12BMay '25 — $1.12BJun '25 — $1.12BJul '25 — $1.12BAug '25 — $1.12BSep '25 — $1.12BOct '25 — $1.12BNov '25 — $1.12BDec '25 — $1.12BJan '26 — $1.12BFeb '26 — $1.12BMar '26 — $4.29BApr '26 — $4.29BMay '26 — $4.29BJun '26 — $4.29B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 1%
Larger than 99% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 1%
Larger than 99% of 5,217 venture capital funds

Investor base

Adviser & related persons1%
Funds of funds41%
Non-U.S. persons43%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.