Founder Collective III, L.P.
Founder Collective · adviser of record: Founder Collective Management CO., LLC · 2016 vintage
Founder Collective III, L.P. is a 2016 venture fund managed by Founder Collective, with $75mm raised (Form D, amount sold). It reported $115mm in gross assets at year-end 2023, 1.54x its size, against a peak of $147mm in 2021.
- Latest value held
- $115mm year-end 2023
- Peak
- $147mm year-end 2021
- Fund size
- $75mm Form D, amount sold
- Held vs. size
- 1.54x peak 1.96x
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 |
|---|---|---|---|
| 2023 | $115mm | 1.54x | -6% |
| 2022 | $123mm | 1.64x | -16% |
| 2021 | $147mm | 1.96x | +59% |
| 2020 | $92.3mm | 1.23x | +19% |
| 2019 | $77.6mm | 1.03x | +16% |
| 2018 | $66.6mm | 0.89x | +1% |
| 2017 | $65.8mm | 0.88x | -1% |
| 2016 | $66.7mm | 0.89x | – |
Other funds from Founder Collective
- Founder Collective V, L.P. 2023
- Founder Collective Partners V, L.P. 2023
- FC RV SPV, L.P. 2023
- Founder Collective IV, L.P. 2020
- Founder Collective SG SPV, L.P. 2020
- Founder Collective Partners IV, L.P. 2020
- Founder Collective Partners III, L.P. 2016
- Founder Collective Entrepreneurs' Fund II, LP 2013
- Founder Collective II, LP 2012
- Founder Collective, LP 2011
- Founder Collective Entrepreneurs' Fund, LLC 2011
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 805-3775641121. Data updated October 13, 2026.
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