SG VC Fund III, L.P.
Ursus Ventures · 2017 vintage
SG VC Fund III, L.P. is a 2017 venture fund managed by Ursus Ventures, with $51mm raised (Form D, amount sold). It reported $117mm in gross assets at year-end 2025, 2.30x its size, against a peak of $306mm in 2021.
- Latest value held
- $117mm year-end 2025
- Peak
- $306mm year-end 2021
- Fund size
- $51mm Form D, amount sold
- Held vs. size
- 2.30x peak 6.00x
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 | $117mm | 2.30x | -38% over 2 yrs |
| 2023 | $189mm | 3.70x | -38% |
| 2022 | $304mm | 5.97x | -1% |
| 2021 | $306mm | 6.00x | +43% |
| 2020 | $214mm | 4.19x | – |
Other funds from Ursus Ventures
- Group 11 Fund VI, L.P. 2022
- Group 11 Tripactions IV, LLC 2022
- Group 11 Tripactions V, LLC 2022
- Group 11 Fund IV, L.P. 2020
- Group 11 Fund V, LP 2020
- Ursus Tipalti I, LLC 2020
- Ursus Tipalti II, LLC 2020
- Ursus Tripactions I, LLC 2020
- Ursus Tripactions II, LLC 2020
- Group 11 Homelight I, LLC 2020
- Group 11 Sunbit II, LLC 2020
- Ursus Sunbit I, LLC 2020
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 805-4100124769. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.