Grotech Ventures III, L.P.
Grotech · adviser of record: Grotech Management Company · 2015 vintage
Grotech Ventures III, L.P. is a 2015 venture fund managed by Grotech, with $200mm raised (Form D, amount sold). It reported $109mm in gross assets at year-end 2025, 0.55x its size, against a peak of $215mm in 2020.
- Latest value held
- $109mm year-end 2025
- Peak
- $215mm year-end 2020
- Fund size
- $200mm Form D, amount sold
- Held vs. size
- 0.55x peak 1.08x
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 | 0.55x | -41% over 2 yrs |
| 2023 | $183mm | 0.92x | -15% |
| 2022 | $215mm | 1.08x | -0% |
| 2021 | $215mm | 1.08x | +0% |
| 2020 | $215mm | 1.08x | +19% |
| 2019 | $181mm | 0.91x | +20% |
| 2018 | $151mm | 0.75x | +4% |
| 2017 | $145mm | 0.73x | -3% |
| 2016 | $149mm | 0.75x | +2% |
| 2015 | $147mm | 0.73x | – |
Other funds from Grotech
- Grotech AK Holdings, LLC 2022
- Grotech Ventures IV, L.P. 2021
- Grotech Partners VII, L.P. 2011
- Grotech Ventures II, L.P. 2011
- Grotech Partners VI, L.P. 2011
- Grotech Partners V, L.P. 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 805-9093939131. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.