GGV Discovery Fund III Overview
- Fund Type
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Venture
- Fund Status
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Closed
- Fund Manager
- Notable Capital
- Size
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$610M
- Vintage
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2020
- Dry Powder
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GGV Discovery Fund III General Information
Description
GGV Discovery Fund III is a 2020 vintage early stage venture capital fund managed by GGV Capital. The fund is based in Menlo Park, California and invests in the United States, Southeast Asia and China. The fund focuses on information technology sector.
Contact Information
Fund Manager's Location
- 3000 Sand Hill Road
- Building 4, Suite 230
- Menlo Park, CA 94025
- United States
GGV Discovery Fund III Investments (40)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
Boomerang | 25-Jan-2024 | Other Services (B2C Non-Financial) | Generating Revenue | |||
6Sense | 01-Oct-2023 | Business/Productivity Software | Generating Revenue | |||
Prompt AI | 28-Sep-2023 | Business/Productivity Software | Startup | |||
Gem | 27-Sep-2023 | Network Management Software | Generating Revenue | |||
Heard (Accounting, Audit and Tax Services) | 01-May-2023 | Accounting, Audit and Tax Services (B2B) | Generating Revenue | |||
NetBox Labs | 11-Apr-2023 | Business/Productivity Software | Startup | |||
Revrod | 01-Jan-2023 | Business/Productivity Software | Startup | |||
Drata | 07-Dec-2022 | Network Management Software | Generating Revenue | |||
Cacheflow | 11-Oct-2022 | Seed Round | Financial Software | Generating Revenue | ||
Northstar | 09-Sep-2022 | Later Stage VC (Series A1) | Other Financial Services | Generating Revenue |
GGV Discovery Fund III Investment Strategy
GGV Discovery Fund III Limited Partners (16)
Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
---|---|---|---|---|---|
Alaska Retirement Management Board | Current | 28-Jan-2021 | Original | ||
California State Teachers' Retirement System | Current | 28-Jan-2021 | Original | ||
Hartford HealthCare Corporation Defined Benefit Master Trust Agreement | Current | 28-Jan-2021 | Original | ||
Los Angeles County Employees' Retirement Association | Current | 28-Jan-2021 | Original | ||
Maryland State Retirement and Pension System | Public Pension Fund | Current | 28-Jan-2021 | Original |
GGV Discovery Fund III Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
GGV Discovery Fund 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 % |
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GGV Discovery Fund III Benchmark (98)
Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
---|---|---|---|---|---|
GGV Discovery Fund III | 30-Jun-2024 | ||||
Kleiner Perkins Caufield & Byers XIX | |||||
Celesta IV | |||||
Lightspeed Venture Partners XIII | 31-Mar-2024 | ||||
Lightspeed Venture Partners Select IV | 31-Mar-2024 | ||||
S2G Builders Food & Ag | |||||
AMR Action Fund | |||||
Wing Three | |||||
B Capital Fund II | 31-Dec-2023 | ||||
Menlo Special Opportunities Fund II | 31-Dec-2022 |
GGV Discovery Fund III FAQs
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What is GGV Discovery Fund III?
GGV Discovery Fund III is a 2020 vintage early stage venture capital fund managed by GGV Capital.
-
Who manages GGV Discovery Fund III?
GGV Discovery Fund III is managed by Notable Capital.
-
Where is GGV Discovery Fund III domiciled?
GGV Discovery Fund III is domiciled in Cayman Islands.
-
What is GGV Discovery Fund III's size?
GGV Discovery Fund III has a size of $610M.
-
What type of fund is GGV Discovery Fund III?
The fund type of GGV Discovery Fund III is Venture.
-
What is the status of GGV Discovery Fund III?
GGV Discovery Fund III is closed.
-
What has GGV Discovery Fund III invested in?
GGV Discovery Fund III has made numerous investments in companies like Boomerang, 6Sense, and Prompt AI within the Services (B2C Non-Financial) and Business/Productivity Software industries.
-
What has GGV Discovery Fund III invested in recently?
GGV Discovery Fund III's latest investment was on 25-Jan-2024 in Boomerang, a company within the Services (B2C Non-Financial) industry.
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