Polychain Ventures III (Parallel) LP
Polychain Capital · adviser of record: Polychain Capital LLC · 2021 vintage
Polychain Ventures III (Parallel) LP is a 2021 venture fund managed by Polychain Capital. It reported $255mm in gross assets at year-end 2025, its highest reported value.
- Latest value held
- $255mm year-end 2025
- Peak
- $255mm year-end 2025
- Fund size
- Not on file
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $255mm | – | +9% over 2 yrs |
| 2023 | $233mm | – | +38% |
| 2022 | $169mm | – | – |
| 2021 | $0k | – | – |
Other funds from Polychain Capital
- Polychain Ventures III LP 2021
- Polychain Ventures II LP 2019
- Polychain Ventures II (Parallel) LP 2019
- Polychain Ventures LP 2017
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 805-4288855041. Data updated October 13, 2026.
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