Accel XI L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jun 28, 2011, it has sold $475,000,000 of interests to 116 investors since its first sale in Jun 2011. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Andrew Braccia; James Breyer; Kevin Efrusy.
- Total raised
- $475,000,000Cumulative sales reported on Form D
- Investors
- 116
- First sale
- Jun 15, 2011
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Andrew Braccia; James Breyer; Kevin Efrusy
- Latest Form D
- Jun 28, 2011
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 Accel XI L.P.
What is the minimum investment for Accel XI L.P.?
Accel XI L.P.'s latest Form D, filed Jun 28, 2011, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Accel XI L.P.?
Accel XI L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How much has Accel XI L.P. raised?
Accel XI L.P. reports $475,000,000 sold from 116 investors on its Form D filed Jun 28, 2011. This is cumulative sales since the offering began, not current assets or performance.
Where is Accel XI L.P. based?
Accel XI L.P. is based in Palo Alto, California.
When did Accel XI L.P. launch?
Accel XI L.P. reports its first sale in Jun 2011.
Size compared with every venture capital fund
Raised more than 99% of the 2,224 venture capital funds based in California, and more than 100% of all 14,840 that report sales.