Applied AI Fund I is a private investment fund based in New York, New York. According to its most recent Form D, filed Sep 14, 2026, it has sold $433,763 of interests to 22 investors since its first sale in Sep 2026. The minimum investment it accepts from an outside investor is $25,000. 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 LLC NPM Securities; Thomas Callahan; LLC SecondMarket Growth Management.
- Total raised
- $433,763Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Sep 8, 2026
- Minimum investment
- $25,000
- 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
- LLC NPM Securities; Thomas Callahan; LLC SecondMarket Growth Management
- Latest Form D
- Sep 14, 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 Applied AI Fund I
What is the minimum investment for Applied AI Fund I?
According to its latest Form D, filed Sep 14, 2026, the minimum investment Applied AI Fund I accepts from an outside investor is $25,000.
Who can invest in Applied AI Fund I?
Applied AI Fund I 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 Applied AI Fund I raised?
Applied AI Fund I reports $433,763 sold from 22 investors on its Form D filed Sep 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Applied AI Fund I based?
Applied AI Fund I is based in New York, New York.
When did Applied AI Fund I launch?
Applied AI Fund I reports its first sale in Sep 2026, 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 private investment fund
Raised more than 26% of the 2,834 private investment funds based in New York, and more than 8% of all 10,287 that report sales.