Altelan Fund I LP is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Apr 30, 2026, it has sold $4,250,000 of interests to 5 investors since its first sale in May 2025. 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 Henry Arias.
- Total raised
- $4,250,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- May 1, 2025
- 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
- Henry Arias
- Latest Form D
- Apr 30, 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 Altelan Fund I LP
What is the minimum investment for Altelan Fund I LP?
Altelan Fund I LP's latest Form D, filed Apr 30, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Altelan Fund I LP?
Altelan 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 Altelan Fund I LP raised?
Altelan Fund I LP reports $4,250,000 sold from 5 investors on its Form D filed Apr 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Altelan Fund I LP based?
Altelan Fund I LP is based in Seattle, Washington.
When did Altelan Fund I LP launch?
Altelan Fund I LP reports its first sale in May 2025, 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 95% of the 5,568 venture capital funds based in Washington, and more than 80% of all 15,180 that report sales.