Data Collective III, L.P.
DCVC · adviser of record: DCVC Management CO, LLC · 2014 vintage
Data Collective III, L.P. is a 2014 venture fund managed by DCVC, with $148mm raised (Form D, amount sold). It reported $230mm in gross assets at year-end 2025, 1.55x its size, against a peak of $299mm in 2023.
- Latest value held
- $230mm year-end 2025
- Peak
- $299mm year-end 2023
- Fund size
- $148mm Form D, amount sold
- Held vs. size
- 1.55x peak 2.01x
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 | $230mm | 1.55x | -23% over 2 yrs |
| 2023 | $299mm | 2.01x | – |
Other funds from DCVC
- Data Collective II, LP 2023
- Data Collective, LLC 2023
- Data Collective II Alpha, LP 2023
- DCVC VI, L.P. 2022
- DCVC Climate Select, L.P. 2022
- DCVC V, L.P. 2019
- Data Collective IV, LP 2016
- DCVC Opportunity Fund II, LP 2016
- DCVC Opportunity Fund, LP 2014
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 805-4152994744. Data updated October 13, 2026.
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