Mgp Venture Fund Iii GP, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- Website
- https://mtngp.com/
- HQ
- TN
Mountain Group Partners, also called MGP, says it invests in the industries it knows best. The firm lists several Managing Directors, Principals, Directors, and Associates on its team, including Byron Smith, Joe Cook, III, Rob Readnour, Joe Cook, Jr., Jack Slaughter, Scott Holmstrom, Gerard Franks, Chapman Varnell, and Lincoln Chambers.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Seed | Not enough dated deals | Seed, Series A, Series B |
| Sectors | Healthtech, Biotech, Medical devices, Energy | Not enough dated deals | Healthtech, Biotech, Medical devices, Media |
| Regions | Not stated | Not enough dated deals | TN, NC |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2010 | 1 | Enterprise SaaS, Healthtech |
| 2011 | 3 | Climate software, Enterprise SaaS, Healthtech |
| 2012 | 10 | Healthtech, Biotech, Medical devices |
| 2013 | 13 | Healthtech, Media, Medical devices |
| 2014 | 6 | Biotech, Healthtech, Medical devices |
| 2015 | 10 | Healthtech, Biotech, Medical devices |
| 2016 | 1 | Biotech, Devtools, Healthtech |
| 2017 | 2 | Biotech, Agtech, Healthtech |
| 2018 | 3 | Biotech, Healthtech, Digital health |
| 2019 | 2 | Biotech, Healthtech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 0 | 1 | 0 |
| 2011 | 0 | 2 | 0 | 0 | 0 |
| 2012 | 0 | 6 | 0 | 0 | 1 |
| 2013 | 0 | 8 | 3 | 0 | 0 |
| 2014 | 0 | 0 | 2 | 2 | 0 |
| 2015 | 0 | 0 | 2 | 4 | 2 |
| 2016 | 0 | 0 | 0 | 0 | 1 |
| 2017 | 0 | 0 | 1 | 1 | 0 |
| 2018 | 0 | 0 | 1 | 1 | 1 |
| 2019 | 0 | 0 | 2 | 0 | 0 |
| 2020 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| MGP Venture Fund III, L.P. | 2021 | $95.32M to $150M (Form D) | Follow-ons only |
03 · People across funds
- Jason Ferguson, Vice President of MGP Venture Fund III GP, LLC.
MGP Venture Fund III, L.P. (Named on Form D)
- Joseph Cook, III, Vice President of MGP Venture Fund III GP, LLC.
MGP Venture Fund III, L.P. (Named on Form D)
- Robin Readnour, Vice President of MGP Venture Fund III GP, LLC.
MGP Venture Fund III, L.P. (Named on Form D)
- Byron Smith, Managing Director
MGP Venture Fund III, L.P. (Team)
- Chapman Varnell, Associate
MGP Venture Fund III, L.P. (Team)
- Gerard Franks, Director
MGP Venture Fund III, L.P. (Team)
- Jack Slaughter, Principal
MGP Venture Fund III, L.P. (Team)
- Joe Cook, III, Managing Director
MGP Venture Fund III, L.P. (Team)
- Joe Cook, Jr., Managing Director
MGP Venture Fund III, L.P. (Team)
- Lincoln Chambers, Associate
MGP Venture Fund III, L.P. (Team)
- Rob Readnour, Managing Director
MGP Venture Fund III, L.P. (Team)
- Scott Holmstrom, Director
MGP Venture Fund III, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 27, 2026