Audacious Ventures, L.P.
Audacious Ventures, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Sep 30, 2021, it has sold $88,500,000 of interests to 110 investors since its first sale in Aug 2020. 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 Audacious Ventures GP, LLC; Nakul Mandan; Audacious Management Company, LLC.
- Total raised
- $88,500,000Cumulative sales reported on Form D
- Investors
- 110
- First sale
- Aug 3, 2020
- 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
- Audacious Ventures GP, LLC; Nakul Mandan; Audacious Management Company, LLC
- Latest Form D
- Sep 30, 2021
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 Audacious Ventures, L.P.
What is the minimum investment for Audacious Ventures, L.P.?
Audacious Ventures, L.P.'s latest Form D, filed Sep 30, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Audacious Ventures, L.P.?
Audacious Ventures, 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 Audacious Ventures, L.P. raised?
Audacious Ventures, L.P. reports $88,500,000 sold from 110 investors on its Form D filed Sep 30, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Audacious Ventures, L.P. based?
Audacious Ventures, L.P. is based in San Francisco, California.
When did Audacious Ventures, L.P. launch?
Audacious Ventures, L.P. reports its first sale in Aug 2020.
Size compared with every venture capital fund
Raised more than 93% of the 2,199 venture capital funds based in California, and more than 98% of all 14,768 that report sales.