Foothill Ventures III-P LP is a venture capital fund based in Los Altos, California. According to its most recent Form D, filed Dec 23, 2024, it has sold $18,500,000 of interests to 3 investors since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Xuhui Shao; Eric Rosenblum; Foothill Ventures III GP LLC.
- Total raised
- $18,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 20, 2024
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Xuhui Shao; Eric Rosenblum; Foothill Ventures III GP LLC
- Latest Form D
- Dec 23, 2024
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 Foothill Ventures III-P LP
What is the minimum investment for Foothill Ventures III-P LP?
According to its latest Form D, filed Dec 23, 2024, the minimum investment Foothill Ventures III-P LP accepts from an outside investor is $250,000.
Who can invest in Foothill Ventures III-P LP?
Foothill Ventures III-P LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Foothill Ventures III-P LP raised?
Foothill Ventures III-P LP reports $18,500,000 sold from 3 investors on its Form D filed Dec 23, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Foothill Ventures III-P LP based?
Foothill Ventures III-P LP is based in Los Altos, California.
When did Foothill Ventures III-P LP launch?
Foothill Ventures III-P LP reports its first sale in Dec 2024, 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 81% of the 2,272 venture capital funds based in California, and more than 92% of all 15,180 that report sales.