Arsenal Growth Equity III, LP
Arsenal Venture Partners · adviser of record: Arsenal Venture Partners, Inc. · 2017 vintage
Arsenal Growth Equity III, LP is a 2017 venture fund managed by Arsenal Venture Partners, with $150mm raised (Form D, amount sold). It reported $109mm in gross assets at year-end 2025, 0.73x its size, against a peak of $137mm in 2023.
- Latest value held
- $109mm year-end 2025
- Peak
- $137mm year-end 2023
- Fund size
- $150mm Form D, amount sold
- Held vs. size
- 0.73x peak 0.91x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $109mm | 0.73x | -20% over 2 yrs |
| 2023 | $137mm | 0.91x | +18% |
| 2022 | $116mm | 0.77x | +1% |
| 2021 | $115mm | 0.77x | +45% |
| 2020 | $79.4mm | 0.53x | +48% |
| 2019 | $53.5mm | 0.36x | – |
Other funds from Arsenal Venture Partners
- Arsenal Growth Equity IV, LP 2022
- Onpoint Technologies Inc. 2012
- Arsenal Venture Partners II, LP 2011
- Arsenal Venture Partners II - Florida, LP 2011
- Milcom Technologies 2011
All Arsenal Venture Partners funds
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-6008567872. Data updated October 13, 2026.
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