Boston Seed Capital Fund III, L.P.
Boston Seed Capital · adviser of record: Boston Seed Capital Management, L.L.C. · 2016 vintage
Boston Seed Capital Fund III, L.P. is a 2016 venture fund managed by Boston Seed Capital, with $40mm raised (Form D, amount sold). It reported $32.3mm in gross assets at year-end 2025, 0.81x its size, against a peak of $68.2mm in 2021.
- Latest value held
- $32.3mm year-end 2025
- Peak
- $68.2mm year-end 2021
- Fund size
- $40mm Form D, amount sold
- Held vs. size
- 0.81x peak 1.71x
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 | $32.3mm | 0.81x | -5% over 2 yrs |
| 2023 | $34mm | 0.85x | -34% |
| 2022 | $51.2mm | 1.28x | -25% |
| 2021 | $68.2mm | 1.71x | +41% |
| 2020 | $48.4mm | 1.21x | +14% |
| 2019 | $42.4mm | 1.06x | +14% |
| 2018 | $37.1mm | 0.93x | +15% |
| 2017 | $32.3mm | 0.81x | +7% |
| 2016 | $30.2mm | 0.75x | – |
Other funds from Boston Seed Capital
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 805-8276919678. Data updated October 13, 2026.
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