Third Rock Ventures V Overview
- Fund Type
-
Venture
- Fund Status
-
Closed
- Fund Manager
- Third Rock Ventu...
- Size
-
$770M
- Vintage
-
2020
- Dry Powder
-
Third Rock Ventures V General Information
Description
Third Rock Ventures V is a venture capital fund managed by Third Rock Ventures. The fund is based in Boston, Massachusetts. The fund invests in the life science and biotechnology sectors and prefers minority stake in 10 to 12 investments.
Contact Information
Fund Manager's Location
- 201 Brookline Avenue
- Suite 1401
- Boston, MA 02215
- United States
Third Rock Ventures V Investments (3)
Third Rock Ventures V has made a total of 3 investments. Its most recent deal was a with Ambys Medicines for . The deal was made on 21-Dec-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Ambys Medicines | 21-Dec-2021 | Drug Discovery | Pre-Clinical Trials | |||
| Flare Therapeutics | 13-May-2021 | Drug Discovery | Clinical Trials - Phase 1 | |||
| Faze Medicines | 10-Dec-2020 | Early Stage VC (Series A) | Drug Discovery | Pre-Clinical Trials |
Third Rock Ventures V Investment Strategy
Investments by Industry
Investments by Deal Type
Third Rock Ventures V Limited Partners (11)
Industriens Pensionsforsikring is one of Third Rock Ventures V’s 11 limited partners. Its latest Original was on 06-Jun-2019.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Industriens Pensionsforsikring | Current | 06-Jun-2019 | Original | ||
| Laborers District Council & Contractors Pension Fund of Ohio | Current | 06-Jun-2019 | Original | ||
| MGB Erisa Master Trust | Current | 06-Jun-2019 | Original | ||
| Michigan Laborers' Pension Plan | Current | 06-Jun-2019 | Original | ||
| N. Atlantic States Carp. Guaranteed Annuity Fund | Union Pension Fund | Current | 06-Jun-2019 | Original |
Third Rock Ventures V 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)
Third Rock Ventures V Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Third Rock Ventures V Benchmark (102)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Kleiner Perkins Caufield & Byers XIX | |||||
| GGV Discovery Fund III | 31-Mar-2025 | ||||
| Celesta IV | |||||
| Lightspeed Venture Partners XIII | 31-Dec-2024 | ||||
| Lightspeed Venture Partners Select IV | 31-Dec-2024 | ||||
| AMR Action Fund | |||||
| S2G Builders Food & Ag | |||||
| Wing Three | |||||
| B Capital Fund II | 30-Jun-2024 | ||||
| Menlo Special Opportunities Fund II | 31-Dec-2022 |
Third Rock Ventures V FAQs
-
What is Third Rock Ventures V?
Third Rock Ventures V is a venture capital fund managed by Third Rock Ventures.
-
Who manages Third Rock Ventures V?
Third Rock Ventures V is managed by Third Rock Ventures.
-
Where is Third Rock Ventures V domiciled?
Third Rock Ventures V is domiciled in United States: Delaware.
-
What is Third Rock Ventures V's size?
Third Rock Ventures V has a size of $770M.
-
What type of fund is Third Rock Ventures V?
The fund type of Third Rock Ventures V is Venture.
-
What is the status of Third Rock Ventures V?
Third Rock Ventures V is closed.
-
What has Third Rock Ventures V invested in?
Third Rock Ventures V has made numerous investments in companies like Ambys Medicines, Flare Therapeutics, and Faze Medicines within the Drug Discovery industry.
-
What has Third Rock Ventures V invested in recently?
Third Rock Ventures V's latest investment was on 21-Dec-2021 in Ambys Medicines, a company within the Drug Discovery industry.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
