Form D · Venture Capital Fund

Function Health Growth, a series of Draft Ventures Opportunities III, LP

Austin, TX · CIK 0002069782

Offering snapshot reported Jun 20, 2025 · SEC filing

Reported sold: $2.08M
Investors reported: 7
Minimum accepted: $25K
First sale: Jun 13, 2025

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 20, 2025	Initial	$2,075,000	No comparison	7	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-549377

Source: Form D, filed Jun 20, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

FUNCTION HEALTH GROWTH, A SERIES OF DRAFT VENTURES OPPORTUNITIES III, LP

Investment adviser: DRAFT VENTURES LLC

Gross asset value: $2.01M
Beneficial owners: 7
ADV minimum commitment: $25K

Reported in Form ADV on Mar 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: Yes

Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: Yes

Marketer AL ADVISORS MANAGEMENT INC SAN FRANCISCO, California, United States Related to adviser: Yes

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

Filing source

Form ADV 2075499 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-4083297156

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
N/A Draft Ventures, Llc	Director
David Rodriguez	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2703 Willow St
Austin, TX, 78702