True Ventures III, L.P.
True Ventures · adviser of record: True Venture Management, L.L.C. · 2011 vintage
True Ventures III, L.P. is a 2011 venture fund managed by True Ventures. It reported $102mm in gross assets at year-end 2025, against a peak of $1.18bn in 2021.
- Latest value held
- $102mm year-end 2025
- Peak
- $1.18bn year-end 2021
- 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 | $102mm | – | -41% over 2 yrs |
| 2023 | $173mm | – | -48% |
| 2022 | $332mm | – | -72% |
| 2021 | $1.18bn | – | +155% |
| 2020 | $462mm | – | +54% |
| 2019 | $299mm | – | +7% |
| 2018 | $280mm | – | +6% |
| 2017 | $263mm | – | +2% |
| 2016 | $258mm | – | +10% |
| 2015 | $235mm | – | +11% |
| 2014 | $211mm | – | -1% |
| 2013 | $213mm | – | +6% |
| 2012 | $200mm | – | +1% |
| 2011 | $199mm | – | – |
Other funds from True Ventures
- True Ventures VIII, L.P. 2022
- True Ventures VII, L.P. 2020
- True Ventures Select IV, L.P. 2020
- True Ventures VI, L.P. 2018
- True Ventures Select III, L.P. 2018
- True Ventures Select II, L.P. 2016
- True Ventures V, L.P. 2015
- True Ventures Select I, L.P. 2015
- True Ventures IV, L.P. 2014
- True Ventures SPV I, L.P. 2014
- True Ventures II, L.P. 2011
- True Ventures I, 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 805-3813729708. Data updated October 13, 2026.
Is this your fund?
Spot an error and email a correction. Facing DPI pressure? See how distribution financing works.