Form D · Venture Capital Fund

Lightspeed Opportunity Fund III, L.P.

Menlo Park, CA · CIK 0002044419

Offering snapshot reported Dec 16, 2025 · SEC filing

Reported sold
$3.28B
Indefinite offering
Investors reported
191
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 13, 2024
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported investors0 → 191

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 16, 2025Amendment$3,282,519,005No comparison191SEC filing
Sep 12, 2025Amendment$1,801,859,467No comparisonNot reportedSEC filing
Dec 12, 2024InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$16.2M
Finders' fees
$0
Form D file number
021-531930

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Goldman Sachs & Co. LLC000000361
50 South Capital Advisors, LLC000174762
Morgan Stanley000149777

Source: Form D, filed Dec 16, 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

LIGHTSPEED OPPORTUNITY FUND III, L.P.

Investment adviser: LIGHTSPEED MANAGEMENT COMPANY, L.L.C.

Gross asset value
$4.29B
Beneficial owners
192
ADV minimum commitment
$0

Reported in Form ADV on May 6, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor KPMG LLP SAN FRANCISCO, California, United States
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No
Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 2103275 · May 6, 2026 · Schedule D 7.B.(1), fund 805-2085114663

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
NameReported role
Arif Janmohamed Executive
Lightspeed General Partner Opportunity Fund Iii, L.P. Promoter
Lightspeed Ultimate General Partner Opportunity Fund Iii, L.L.C. Promoter
Ravi Mhatre Executive
Bejul Somaia Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
2200 Sand Hill Road
Menlo Park, CA, 94025