Sinewave Ventures Fund III, L.P.
Sinewave Ventures · adviser of record: Sinewave Ventures, LLC · 2015 vintage
Sinewave Ventures Fund III, L.P. is a 2015 venture fund managed by Sinewave Ventures, with $43.7mm raised (Form D, amount sold). It reported $161mm in gross assets at year-end 2025, 3.67x its size, against a peak of $161mm in 2023.
- Latest value held
- $161mm year-end 2025
- Peak
- $161mm year-end 2023
- Fund size
- $43.7mm Form D, amount sold
- Held vs. size
- 3.67x peak 3.67x
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 | $161mm | 3.67x | +0% over 2 yrs |
| 2023 | $161mm | 3.67x | +77% |
| 2022 | $90.8mm | 2.08x | – |
Other funds from Sinewave Ventures
- SWV Fund II Direct 3, L.P. 2022
- Sinewave Ventures Direct 2A, L.P. 2021
- SWV Fund II Direct 2, L.P. 2021
- Sinewave Ventures Direct 3B, L.P. 2020
- SWV Fund II Direct 1A, LP 2020
- Sinewave Ventures Direct 5B, L.P. 2020
- Sinewave Ventures Direct 4, L.P. 2017
- Sinewave Ventures Fund II, LP 2015
- Sinewave Ventures Fund I, L.P. 2014
- Sinewave Ventures Direct 1, L.P. 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 805-9282078439. Data updated October 13, 2026.
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