Essence Vc III, LP is a venture capital fund based in Bothell, Washington. According to its most recent Form D, filed Nov 13, 2025, it has sold $29,365,000 of interests to 127 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $5,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Essence III GP, LLC; Timothy Chen.
- Total raised
- $29,365,000Cumulative sales reported on Form D
- Investors
- 127
- First sale
- Jan 19, 2023
- Minimum investment
- $5,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Essence III GP, LLC; Timothy Chen
- Latest Form D
- Nov 13, 2025
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 Essence Vc III, LP
What is the minimum investment for Essence Vc III, LP?
According to its latest Form D, filed Nov 13, 2025, the minimum investment Essence Vc III, LP accepts from an outside investor is $5,000.
Who can invest in Essence Vc III, LP?
Essence Vc 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 Essence Vc III, LP raised?
Essence Vc III, LP reports $29,365,000 sold from 127 investors on its Form D filed Nov 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Essence Vc III, LP based?
Essence Vc III, LP is based in Bothell, Washington.
When did Essence Vc III, LP launch?
Essence Vc III, LP reports its first sale in Jan 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 100% of the 5,568 venture capital funds based in Washington, and more than 94% of all 15,160 that report sales.