Clocktower Technologies III LP
Clocktower Technologies III LP is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Dec 21, 2022, it has sold $76,925,000 of interests to 39 investors since its first sale in Dec 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Benjamin Savage; Clocktower Technology Ventures III GP LP; Steven Drobny.
- Total raised
- $76,925,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Dec 29, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Benjamin Savage; Clocktower Technology Ventures III GP LP; Steven Drobny
- Latest Form D
- Dec 21, 2022
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Clocktower Technologies III LP
What is the minimum investment for Clocktower Technologies III LP?
Clocktower Technologies III LP's latest Form D, filed Dec 21, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Clocktower Technologies III LP?
Clocktower Technologies III LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Clocktower Technologies III LP raised?
Clocktower Technologies III LP reports $76,925,000 sold from 39 investors on its Form D filed Dec 21, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Clocktower Technologies III LP based?
Clocktower Technologies III LP is based in Santa Monica, California.
When did Clocktower Technologies III LP launch?
Clocktower Technologies III LP reports its first sale in Dec 2021.
Size compared with every venture capital fund
Raised more than 93% of the 2,193 venture capital funds based in California, and more than 97% of all 14,732 that report sales.