11 Tribes Ventures Fund II, LP
11 Tribes Ventures Fund II, LP is a venture capital fund based in Oakbrook Terrace, Illinois. According to its most recent Form D, filed Apr 22, 2025, it has sold $34,445,000 of interests to 108 investors since its first sale in Feb 2023. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Mark Phillips; Brett Verkaik.
- Total raised
- $34,445,000Cumulative sales reported on Form D
- Investors
- 108
- First sale
- Feb 21, 2023
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Mark Phillips; Brett Verkaik
- Latest Form D
- Apr 22, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 11 Tribes Ventures Fund II, LP
What is the minimum investment for 11 Tribes Ventures Fund II, LP?
According to its latest Form D, filed Apr 22, 2025, the minimum investment 11 Tribes Ventures Fund II, LP accepts from an outside investor is $250,000.
Who can invest in 11 Tribes Ventures Fund II, LP?
11 Tribes Ventures Fund II, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has 11 Tribes Ventures Fund II, LP raised?
11 Tribes Ventures Fund II, LP reports $34,445,000 sold from 108 investors on its Form D filed Apr 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 11 Tribes Ventures Fund II, LP based?
11 Tribes Ventures Fund II, LP is based in Oakbrook Terrace, Illinois and is managed by 11 Tribes Ventures.
When did 11 Tribes Ventures Fund II, LP launch?
11 Tribes Ventures Fund II, LP reports its first sale in Feb 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 86% of the 148 venture capital funds based in Illinois, and more than 95% of all 15,160 that report sales.