99 Startups Fund I LP
99 Startups Fund I LP is a venture capital fund based in Mexico City, Mexico. According to its most recent Form D, filed Apr 15, 2026, it has sold $4,500,000 of interests to 40 investors since its first sale in Mar 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Alejandro Galvez Rico; 99 Startups GP, LLC; Galvez Capital, LLC.
- Total raised
- $4,500,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Mar 22, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Alejandro Galvez Rico; 99 Startups GP, LLC; Galvez Capital, LLC
- Latest Form D
- Apr 15, 2026
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 99 Startups Fund I LP
What is the minimum investment for 99 Startups Fund I LP?
99 Startups Fund I LP's latest Form D, filed Apr 15, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 99 Startups Fund I LP?
99 Startups Fund I LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 99 Startups Fund I LP raised?
99 Startups Fund I LP reports $4,500,000 sold from 40 investors on its Form D filed Apr 15, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is 99 Startups Fund I LP based?
99 Startups Fund I LP is based in Mexico City, Mexico and is managed by Galvez Capital, LLC.
When did 99 Startups Fund I LP launch?
99 Startups Fund I LP reports its first sale in Mar 2022, 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 7 venture capital funds based in Mexico, and more than 81% of all 14,865 that report sales.