WhiteRabbit III LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jan 20, 2026, it has sold $2,850,000 of interests to 3 investors since its first sale in Nov 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Caleb Sima.
- Total raised
- $2,850,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 19, 2025
- 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
- Caleb Sima
- Latest Form D
- Jan 20, 2026
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 WhiteRabbit III LLC
What is the minimum investment for WhiteRabbit III LLC?
WhiteRabbit III LLC's latest Form D, filed Jan 20, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in WhiteRabbit III LLC?
WhiteRabbit III LLC 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 WhiteRabbit III LLC raised?
WhiteRabbit III LLC reports $2,850,000 sold from 3 investors on its Form D filed Jan 20, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is WhiteRabbit III LLC based?
WhiteRabbit III LLC is based in San Francisco, California.
When did WhiteRabbit III LLC launch?
WhiteRabbit III LLC reports its first sale in Nov 2025, 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 61% of the 2,268 venture capital funds based in California, and more than 76% of all 15,160 that report sales.