Accel XII L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Mar 20, 2014, it has sold $475,000,000 of interests to 124 investors since its first sale in Mar 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sameer Gandhi; Ping Li; Ryan Sweeney.
- Total raised
- $475,000,000Cumulative sales reported on Form D
- Investors
- 124
- First sale
- Mar 17, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Sameer Gandhi; Ping Li; Ryan Sweeney
- Latest Form D
- Mar 20, 2014
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 XII L.P.
What is the minimum investment for Accel XII L.P.?
Accel XII L.P.'s latest Form D, filed Mar 20, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Accel XII L.P.?
Accel XII 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). It uses Rule 506(b), which does not allow general advertising.
How much has Accel XII L.P. raised?
Accel XII L.P. reports $475,000,000 sold from 124 investors on its Form D filed Mar 20, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Accel XII L.P. based?
Accel XII L.P. is based in Palo Alto, California.
When did Accel XII L.P. launch?
Accel XII L.P. reports its first sale in Mar 2014.
Size compared with every venture capital fund
Raised more than 99% of the 2,222 venture capital funds based in California, and more than 100% of all 14,829 that report sales.