GGV Discovery Fund III Overview

  • Fund Type
  • Venture

  • Fund Status
  • Closed

  • Fund Manager
  • Notable Capital

  • Size
  • $610M

  • Vintage
  • 2020

Vintage

  • Dry Powder

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
Notable Capital
Fund Manager Website
Fund Category
Venture Capital
Open Date
Close Date
Fund Family
GGV Discovery Fund
Native Currency
USD
Fund Manager's Location
  • 3000 Sand Hill Road
  • Building 4, Suite 230
  • Menlo Park, CA 94025
  • United States
+1 (650)
Fund Domiciles
Cayman Islands

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
You’re viewing 10 of 40 investments. Get the full list »

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GGV Discovery Fund III Investment Strategy

Investments by Industry

Investments by Deal Type

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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
You’re viewing 5 of 16 limited partners. Get the full list »

GGV Discovery Fund III Returns Data

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IRR (%)

 

DPI (x)

 

RVPI (x)

 

TVPI (x)

 

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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 FAQs

  • 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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