Accion Digital Transformation Fund, LP
Accion Digital Transformation Fund, LP is a venture capital fund based in Washington, District of Columbia. According to its most recent Form D, filed Feb 5, 2024, it has sold $127,500,000 of interests to 7 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $5,000,000. 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 Accion Digital Transformation Fund GP LLC; Accion Impact Management LLC; Njord Andrewes.
- Total raised
- $127,500,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jul 19, 2022
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Accion Digital Transformation Fund GP LLC; Accion Impact Management LLC; Njord Andrewes
- Latest Form D
- Feb 5, 2024
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Feb 5, 2024 | Amendment | $127,500,000 | 7 | SEC.gov ↗ |
| Jul 27, 2022 | First notice | $107,500,000 | 7 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jul 27, 2022. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Accion Digital Transformation Fund, LP
What is the minimum investment for Accion Digital Transformation Fund, LP?
According to its latest Form D, filed Feb 5, 2024, the minimum investment Accion Digital Transformation Fund, LP accepts from an outside investor is $5,000,000.
Who can invest in Accion Digital Transformation Fund, LP?
Accion Digital Transformation Fund, 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(b), which does not allow general advertising.
How much has Accion Digital Transformation Fund, LP raised?
Accion Digital Transformation Fund, LP reports $127,500,000 sold from 7 investors on its Form D filed Feb 5, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Accion Digital Transformation Fund, LP based?
Accion Digital Transformation Fund, LP is based in Washington, District of Columbia.
When did Accion Digital Transformation Fund, LP launch?
Accion Digital Transformation Fund, LP reports its first sale in Jul 2022.
Size compared with every venture capital fund
Raised more than 95% of the 38 venture capital funds based in District of Columbia, and more than 98% of all 14,865 that report sales.