SEC Filing Record

Offering Amount

$40.0M

$29.0M raised

Strategy

VC

Exemption

06b

Date Filed

May 28, 2026

0002065791-26-000002

View on SEC EDGAR →

37A Read

This is Fund III in an established series, signaling the GPs have completed at least two prior vehicles and are now scaling their venture strategy; the amendment filing in May 2026 likely reflects a revision to terms, LP composition, or closing timeline rather than an initial formation.

The absence of any prior EDGAR filings from this manager indicates Todd & Rahul Capital operates below the $100M AUM threshold that typically triggers ongoing SEC visibility, meaning this Fund III remains a relatively nascent manager by institutional scale—the two-GP structure suggests a founder partnership model rather than a multi-partner or institutional GP backbone.

A mid-2026 close timeline for a $40M venture fund aligns with LP capital deployment cycles following 2025 fundraising commitments and reflects continued appetite for smaller, founder-led venture vehicles despite macro volatility in earlier-stage outcomes.

Verify whether this amendment involved a reduction in target size, a GP commitment change, or a modification to the key-man clause affecting either Todd Goldberg or his co-GP—given no public track record is visible on EDGAR, limited LP diligence history exists, making contractual protections and GP continuity guarantees material to due diligence.

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Principals

Registered Manager

Todd & Rahul Capital Fund III GP, LLC

General Partners & Executives

Todd Goldberg

Todd & Rahul Capital Fund III, LP