{
  "crd_number": 342091,
  "slug": "pathbreaker-ventures-iii-llc-corte-madera-ca-342091",
  "primary_business_name": "PATHBREAKER VENTURES III, LLC",
  "legal_name": "PATHBREAKER VENTURES III, LLC",
  "dbas": [],
  "city": "Corte Madera",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "exempt",
  "registration_status": "State ERA - ACTIVE",
  "registration_date": "2026-09-01",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-04-09",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": null,
  "advisory_employees": null,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [],
  "advisory_activities": [],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://linkedin.com/in/ryangembala",
    "https://pathbreakervc.com",
    "https://twitter.com/ryangembala"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/342091",
  "city_as_filed": "CORTE MADERA",
  "url": "https://advisorcensus.com/firm/pathbreaker-ventures-iii-llc-corte-madera-ca-342091",
  "display_name": "Pathbreaker Ventures III, LLC",
  "summary": "Pathbreaker Ventures III, LLC is an exempt reporting adviser in Corte Madera, CA, filing reports since 2026. Exempt reporting advisers do not report regulatory assets under management on Form ADV.",
  "citation": "AdvisorCensus. Pathbreaker Ventures III, LLC (CRD 342091): Form ADV filing data as of October 2026.",
  "registration_type_label": "Exempt reporting adviser",
  "compensation_labels": [],
  "advisory_activity_labels": [],
  "quick_answers": [
    {
      "q": "Where is Pathbreaker Ventures III, LLC located?",
      "a": "Pathbreaker Ventures III, LLC's principal office is in Corte Madera, CA, according to its Form ADV."
    },
    {
      "q": "How does Pathbreaker Ventures III, LLC report to regulators?",
      "a": "Pathbreaker Ventures III, LLC is an exempt reporting adviser, filing reports since 2026. Exempt reporting advisers file a shorter Form ADV. Status as filed: State ERA - ACTIVE. CRD 342091."
    },
    {
      "q": "Does Pathbreaker Ventures III, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/342091"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/pathbreaker-ventures-iii-llc-corte-madera-ca-342091.md",
  "clients": [],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/342091",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}