United States · Investor

3L Capital

Filed with the SEC to raise a fund in Dec 2023, closing $7M. Last cheque observed May 2021.

QuietNew fund $7.0M, Dec 2023Private equity

SeedSeries ASeries BWealthtechPaytechFintechs

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque1979days00hrs00min00sec
Median round$29MRounds led2 of 7Sole investor1 roundsMostly inUnited States, 71%
Pitch 3L Capital

3L Capital highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series B and Series A: 71% of its rounds

  3. 03

    Sole investor in 1 rounds, median $12M

What they do

3L Growth Equity partners with visionary entrepreneurs to fuel their companies' growth and innovation.From their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
WealthtechPaytechFintechs
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2021

    1 round

  2. May
    PartnerStackSeries B · CA · Firms' own news pages$29MLed
  3. 2019

    5 rounds

  4. Dec
    DomioSeries B · US · TechCrunch$50MWith 8 others
  5. Oct
    DunzoSeries D · IN · TechCrunch$45MWith 3 others
  6. Sept
    AvantstaySeries A · US · FinSMEs$20MLed
  7. May
    ChowNowSeries C · US · FinSMEs$21MWith 1 other
  8. Jan
    WheelsSeries A · US · FinSMEs$37MWith 4 others
  9. 2018

    1 round

  10. May
    SnackNationSeries B · US · FinSMEs$12MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

DTDavid Thomas LeyrerManager of the General Partner / ManageriFiling they signed
ETEdip TerbiyeliChief Financial Officer / Chief Compliance OfficeriForm ADV
JTJacob Tadgh KotzubeiManager of the General Partner / ManageriFiling they signed
PEPhilip Evan NormentManager of the General Partner / ManageriFiling they signed
SJShawn Joseph ColoManager of the General Partner / ManageriFiling they signed

We also hold 14 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$932Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
3l Capital Management, LLC
SEC number
CRD 294003

Funds on its Form ADV

10 private funds, $773M in gross assets · filed Mar 2024

  1. 3L Capital II, L.P.Venture127 investors$299M
  2. 3L Capital I, L.P.Venture77 investors$257M
  3. 3L Capital I AIV A, LLCVenture77 investors$149M
  4. 3L Capital RO, LLCVenture5 investors$27M
  5. 3L Capital I AIV B, LLCVenture77 investors$14M
  6. 3L Opportunities I - AVT, LLCVenture1 investor$12M
  7. 3L Opportunities I - R, LLCVenture8 investors$9.1M
  8. 3L Gigem, L.P.Venture1 investor$5.0M
  9. 3L Opportunities I - DNZ, LLCVenture1 investor$297K
  10. 3L Capital I AIV C, LLCVenture77 investors-

Who they invest alongside

The investors most often in the same rounds as 3L Capital. A count of rooms they were both in, not a relationship either has claimed.

Bullpen CapitalVC firm2rounds togetherTenaya CapitalVC firm2rounds together

Recently backed

The latest companies 3L Capital put money into.

PartnerStack$29M · May 2021Dunzo$45M · Oct 2019Avantstay$20M · Sept 2019ChowNow$21M · May 2019Wheels$37M · Jan 2019SnackNation$12M · May 2018

Quick answers about 3L Capital

What does 3L Capital invest in?

3L Capital invests most often at Series B and Series A (71% of the rounds on record), in sectors such as Wealthtech, Paytech and Fintechs.

How active is 3L Capital?

7 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in May 2021.

What has 3L Capital invested in recently?

Its most recent investments on record: PartnerStack (Series B, May 2021), Domio (Series B, Dec 2019) and Dunzo (Series D, Oct 2019).

How big are 3L Capital's cheques?

The median round it joins is $29M.

Does 3L Capital lead rounds?

Yes: it led 2 of its 7 investments on record (29%).

Where does 3L Capital invest?

Most of the companies it backs are in the United States (71%), Canada (14%) and India (14%).

Is 3L Capital investing now?

No investments in the last 12 months; the latest was in May 2021.

Who does 3L Capital invest alongside?

Most often Bullpen Capital (2 rounds together) and Tenaya Capital (2 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it