Form D · Venture Capital Fund

Outsiders Fund III, LP

Norwalk, CT · CIK 0002044620

Offering snapshot reported Jan 6, 2026 · SEC filing

Reported sold: $86.9M
Investors reported: 21
Minimum accepted: $500K
First sale: Jan 3, 2025

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$68,000,000 → $86,850,000
Reported investors7 → 21

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 6, 2026	Amendment	$86,850,000	$18,850,000vs Jan 14, 2025	21	SEC filing
Jan 14, 2025	Initial	$68,000,000	No comparison	7	SEC filing
Jan 14, 2025	Amendment	$68,000,000	$0vs Jan 14, 2025	7	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-535120

Source: Form D, filed Jan 6, 2026. 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

OUTSIDERS FUND III, LP

Investment adviser: OUTSIDERS VENTURE PARTNERS, LLC

Gross asset value: $138M
Beneficial owners: 25
ADV minimum commitment: $100K

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ADURO ADVISORS, LLC DENVER, Colorado, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO, USA, LLP NEW YORK, New York, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

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

BDO, USA, LLP
PCAOB 243

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Filing source

Form ADV 2064480 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-5043075408

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
OUTSIDERS FUND II, LP	Jul 10, 2023	$76,000,000	5
Outsiders Fund III, LP (this fund)	Jan 6, 2026	$86,850,000	21

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
Austin Mc Chord	Director, Executive
N/A Outsiders Fund Iii Gp, Llc	Director, Executive
N/A Outsiders Venture Partners, Llc	Promoter
Theodore Seem	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

50 Day Street
Norwalk, CT, 06854