# 3L Capital: portfolio, investments and team > 3L Capital is a private equity based in United States. 7 investments on record, latest May 2021. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/3l (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # 3L Capital Filed with the SEC to raise a fund in Dec 2023, closing $7M. Last cheque observed May 2021. Quiet New fund $7.0M, Dec 2023 Private equity Seed Series A Series B Wealthtech Paytech Fintechs Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **1979** days **00** hrs **00** min **00** sec Median round **$29M** Rounds led **2 of 7** Sole investor **1 rounds** Mostly in **United States, 71%** Pitch 3L Capital ## 3L Capital highlights - 01 7 rounds on record - 02 Mostly Series B and Series A: 71% of its rounds - 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:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Wealthtech Paytech Fintechs - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2021** 1 round - **May** **[PartnerStack](https://millionrounds.com/company/partnerstack)** Series B · CA · Firms' own news pages **$29M** *Led* - **2019** 5 rounds - **Dec** **[Domio](https://millionrounds.com/company/domio)** Series B · US · TechCrunch **$50M** With 8 others - **Oct** **[Dunzo](https://millionrounds.com/company/dunzo)** Series D · IN · TechCrunch **$45M** With 3 others - **Sept** **[Avantstay](https://millionrounds.com/company/avantstay)** Series A · US · FinSMEs **$20M** *Led* - **May** **[ChowNow](https://millionrounds.com/company/chownow)** Series C · US · FinSMEs **$21M** With 1 other - **Jan** **[Wheels](https://millionrounds.com/company/wheels)** Series A · US · FinSMEs **$37M** With 4 others - **2018** 1 round - **May** **[SnackNation](https://millionrounds.com/company/snacknation)** Series B · US · FinSMEs **$12M** Sole 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 registration **5 named** DT **David Thomas Leyrer** Manager of the General Partner / Manager i Filing they signed ET **Edip Terbiyeli** Chief Financial Officer / Chief Compliance Officer i Form ADV JT **Jacob Tadgh Kotzubei** Manager of the General Partner / Manager i Filing they signed PE **Philip Evan Norment** Manager of the General Partner / Manager i Filing they signed SJ **Shawn Joseph Colo** Manager of the General Partner / Manager i Filing 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 **$932M** assets it manages Oct 2026 **Registered** investment adviser full 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 - 3L Capital II, L.P. *Venture* 127 investors $299M - 3L Capital I, L.P. *Venture* 77 investors $257M - 3L Capital I AIV A, LLC *Venture* 77 investors $149M - 3L Capital RO, LLC *Venture* 5 investors $27M - 3L Capital I AIV B, LLC *Venture* 77 investors $14M - 3L Opportunities I - AVT, LLC *Venture* 1 investor $12M - 3L Opportunities I - R, LLC *Venture* 8 investors $9.1M - 3L Gigem, L.P. *Venture* 1 investor $5.0M - 3L Opportunities I - DNZ, LLC *Venture* 1 investor $297K - 3L Capital I AIV C, LLC *Venture* 77 investors - New fund on file **$7.0M** raised in Dec 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$29M** the round, not its cheque Alone, median **$12M** Led 2 of 7 rounds **29%** - **Sole investor:** 1 rounds - **Last cheque:** May 2021 Rounds by stage said on their site - Series B said *3* - Series A said *2* - Series C *1* - Series D *1* - Seed said *-* - Growth said *-* - Pre-IPO said *-* Cheques by year Led Joined 2018 2021 Often in the room with - [Bullpen Capital](https://millionrounds.com/fund/bullpen-capital) 2 - [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) 2 **Pitching 3L Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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 Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bullpen-capital)[**Tenaya Capital** VC firm **2** rounds together](https://millionrounds.com/fund/tenaya-capital) ## Recently backed The latest companies 3L Capital put money into. [**PartnerStack** $29M · May 2021](https://millionrounds.com/company/partnerstack)[**Dunzo** $45M · Oct 2019](https://millionrounds.com/company/dunzo)[**Avantstay** $20M · Sept 2019](https://millionrounds.com/company/avantstay)[**ChowNow** $21M · May 2019](https://millionrounds.com/company/chownow)[**Wheels** $37M · Jan 2019](https://millionrounds.com/company/wheels)[**SnackNation** $12M · May 2018](https://millionrounds.com/company/snacknation) ## 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. 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