Versant Vantage III (Canada), L.P.
Versant Ventures · adviser of record: Versant Venture Management, LLC · 2022 vintage
Versant Vantage III (Canada), L.P. is a 2022 venture fund managed by Versant Ventures, with $299mm raised (Form D, amount sold). It reported $3.5mm in gross assets at year-end 2025, 0.01x its size, against a peak of $3.9mm in 2023.
- Latest value held
- $3.5mm year-end 2025
- Peak
- $3.9mm year-end 2023
- Fund size
- $299mm Form D, amount sold
- Held vs. size
- 0.01x peak 0.01x
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 | $3.5mm | 0.01x | -9% over 2 yrs |
| 2023 | $3.9mm | 0.01x | +2% |
| 2022 | $3.8mm | 0.01x | – |
Other funds from Versant Ventures
- Versant Venture Capital IX, L.P. 2022
- Versant Vantage III, L.P. 2022
- Versant Voyageurs III, L.P. 2022
- Versant Venture Capital IX (Canada), L.P. 2022
- Versant Voyageurs III (Canada), L.P. 2022
- Versant Venture Capital VIII, L.P. 2020
- Versant Vantage II, L.P. 2020
- Versant Voyageurs II, L.P. 2020
- Versant Venture Capital VIII (Canada), L.P. 2020
- Versant Voyageurs II (Canada), L.P. 2020
- Versant Venture Capital VII, L.P. 2018
- Versant Vantage I, L.P. 2018
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 805-5105196182. Data updated October 13, 2026.
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