Companies · Investment Vehicle

DRP Theatre & Media Fund III L.P.

NEW YORK · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on DRP Theatre & Media Fund III L.P. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
0.4×
Latest step-up
Top 57%
Sector rank · raised
Series A
Latest stage · inferred · Mon Nov 28 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

DRP Theatre & Media Fund III L.P. has raised $2.0M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

DRP Theatre & Media Fund III L.P. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
10.0 yr record
Peak capital year was 2016 with $7.0M across 2 filings.
Market position
ahead of 44% of Investment Vehicle peers
Capital scale is ahead of 44% of Investment Vehicle peers; modeled value is above 55% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2016: $7.0M across 2 filings.
  • Largest single filing was $5.0M on 2016-07-01.
  • Filing rows sum to $7.0M, while canonical raised total is $2.0M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Investment Vehicle

DRP Theatre & Media Fund III L.P. is one of 1793 Investment Vehicle companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 44% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
10
Investors (latest)
2016
Year incorporated
2016-11-28
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeries A · 2016-07-01 Raised $5.0M (real) Modeled valuation $76M (est)$5.0M$76MSeries A2016Series A · 2016-11-28 Raised $2.0M (real) Modeled valuation $31M (est)$2.0M$31MSeries A2016+$2.0MCumulative $7.0M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.0M · 2016
Series A extension$2.0M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$31.0M
Base estimate est.
$2.8M
Conservative case
$168.7M
Upside case
$9.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $75.7M · 2016-07-012016Series A · modeled $31.0M · 2016-11-282016
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
9.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$5.0M/yr
Capital velocity
10.0 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.6× of median
This company$2.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$2.0M
Sector median$6.6M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$31.0M
Sector median$25.2M

Raised more than 44% of sector peers (real $). Modeled value above 55% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.0M2016-07-01$22.7M$75.7M90%
Series A$2.0M2016-11-28$9.3M$31.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.0M2016-07-01
    • First recorded raise — entered as Series A.
  2. Series A$2.0M2016-11-28
    • Raised 5 mo later.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 10 investors on this round.
Intelligence
2017 ~Q2
Modeled next raise · ~5mo cadence
$2.0M
Modeled next size est.range $2.0M$3.3M
0.4×
Last step-up
$5.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Daryl Roth33 other2016-07
Registry & provenance

DRP Theatre & Media Fund III L.P. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1689235
SEC CIK
2016
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
DRP Theatre & Media Fund II Limited PartnershipOtherSeries A$5.0M$12.5Mnetwork1 shared operator · same stage
Left on Tenth Ltd Liability CoOtherSeries A$5.4M$24.8Mnetwork1 shared operator · same stage
Pi Broadway Ltd Liability CoOtherSeries A$7.0M$58.4Mnetwork1 shared operator · same stage
Dorian Broadway Limited PartnershipOtherSeries A$8.3M$33.9Mnetwork1 shared operator · same stage
Kinky Boots Tour Ltd Liability CoOtherSeries A$10.1M$74.2Mnetwork1 shared operator · same stage
Kinky Boots UK Ltd Liability CoOtherSeries A$12.7M$90.7Mnetwork1 shared operator · same stage
Kinky Boots UK Tour Ltd Liability CoOtherSeed$2.5M$45.8Mnetwork1 shared operator
It Shoulda Been You Ltd Liability CoOtherSeries A$14.0M$105.9Mnetwork1 shared operator · same stage
Frequently asked
How much funding has DRP Theatre & Media Fund III L.P. raised?
DRP Theatre & Media Fund III L.P. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is DRP Theatre & Media Fund III L.P.'s estimated valuation?
Provath's modeled valuation for DRP Theatre & Media Fund III L.P. is approximately $31.0M (modeled range $2.8M–$168.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is DRP Theatre & Media Fund III L.P. at?
DRP Theatre & Media Fund III L.P.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Nov 28.
What does DRP Theatre & Media Fund III L.P. do and where is it based?
DRP Theatre & Media Fund III L.P. operates in the Investment Vehicle sector, based in NEW YORK.
Explore related

See where DRP Theatre & Media Fund III L.P. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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