De Novo Ventures III Overview
- Fund Type
-
Venture
- Fund Status
-
Liquidated
- Fund Manager
- De Novo Ventures
- Size
-
$300M
- Vintage
-
2006
- Dry Powder
-
De Novo Ventures III General Information
Description
De Novo Ventures III was a 2006 vintage early stage venture capital fund managed by De Novo Ventures. The fund was located in Saratoga, California and invested in the Northwest, Southwest and California. The fund targeted healthcare devices & supplies and life sciences sectors.
Contact Information
Fund Manager's Location
- Post Office Box 2160
- Saratoga, CA 95070
- United States
De Novo Ventures III Investments (55)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Pulmonx | 05-May-2020 | Other Devices and Supplies | Generating Revenue | |||
| Benvenue Medical | 06-Jan-2016 | Therapeutic Devices | Generating Revenue | |||
| Benvenue Medical | 18-Jun-2014 | Therapeutic Devices | Generating Revenue | |||
| Spinal Kinetics | 02-Jun-2014 | Surgical Devices | Generating Revenue | |||
| EndoGastric Solutions | 07-May-2014 | Surgical Devices | Generating Revenue | |||
| Otonomy | 17-Dec-2013 | Drug Discovery | Clinical Trials - Phase 3 | |||
| Pacira CryoTech | 12-Sep-2013 | Therapeutic Devices | Profitable | |||
| Alcon and Wavetec Vision Systems | 07-Jun-2013 | Surgical Devices | Generating Revenue | |||
| Cardeas Pharma | 22-May-2013 | Early Stage VC (Series B) | Biotechnology | Startup | ||
| Benvenue Medical | 22-May-2013 | Later Stage VC (Series D) | Therapeutic Devices | Generating Revenue |
De Novo Ventures III Investment Strategy
Investments by Industry
Investments by Deal Type
De Novo Ventures III Limited Partners (6)
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Alfred duPont Charitable Trust | Current | 21-Aug-2006 | Original | ||
| BlackRock | Current | 21-Aug-2006 | Original | ||
| BlackRock Private Equity Partners | Current | 21-Aug-2006 | Original | ||
| Goldman Sachs Asset Management | Current | 21-Aug-2006 | Original | ||
| Knightsbridge Advisers | Fund of Funds | Current | 21-Aug-2006 | Original |
De Novo Ventures III Team (1)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Richard Ferrari | Co-Founder, Executive Chairman & Managing Director | Saratoga, CA |
De Novo Ventures III Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
De Novo Ventures III Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
De Novo Ventures III Benchmark (56)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| California Emerging Ventures IV | 31-Dec-2023 | ||||
| Ignition Partners III | 31-Dec-2017 | ||||
| Greenspring Global Partners III | 31-Dec-2018 | ||||
| Foundation Capital V | |||||
| Sierra Ventures IX | |||||
| De Novo Ventures III | 30-Jun-2023 | ||||
| MPM BioVentures IV | 31-Mar-2024 | ||||
| Sigma Partners VII | 31-Dec-2013 | ||||
| Highland Capital Partners VII | 31-Dec-2023 | ||||
| JK&B Capital V | 31-Dec-2023 |
De Novo Ventures III FAQs
-
What is De Novo Ventures III?
De Novo Ventures III was a 2006 vintage early stage venture capital fund managed by De Novo Ventures.
-
Who manages De Novo Ventures III?
De Novo Ventures III is managed by De Novo Ventures.
-
Where is De Novo Ventures III domiciled?
De Novo Ventures III is domiciled in United States: Delaware.
-
What is De Novo Ventures III's size?
De Novo Ventures III has a size of $300M.
-
What type of fund is De Novo Ventures III?
The fund type of De Novo Ventures III is Venture.
-
What is the status of De Novo Ventures III?
De Novo Ventures III is liquidated.
-
What has De Novo Ventures III invested in?
De Novo Ventures III has made numerous investments in companies like Pulmonx, Benvenue Medical, and Spinal Kinetics within the Devices and Supplies, Therapeutic Devices, and Surgical Devices industries.
-
What has De Novo Ventures III invested in recently?
De Novo Ventures III's latest investment was on 05-May-2020 in Pulmonx, a company within the Devices and Supplies industry.
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