Basis Set Ventures III, L.P.
Basis Set Builders · adviser of record: Basis Set Builders, LLC · 2023 vintage
Basis Set Ventures III, L.P. is a 2023 venture fund managed by Basis Set Builders, with $185mm raised (Form D, amount sold). It reported $221mm in gross assets at year-end 2025, 1.19x its size, its highest reported value.
- Latest value held
- $221mm year-end 2025
- Peak
- $221mm year-end 2025
- Fund size
- $185mm Form D, amount sold
- Held vs. size
- 1.19x peak 1.19x
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 | $221mm | 1.19x | +18% over 2 yrs |
| 2023 | $187mm | 1.01x | – |
Other funds from Basis Set Builders
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 805-5883319137. Data updated October 13, 2026.
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