Ballistic Ventures I, LP is a venture capital fund based in San Mateo, California. According to its most recent Form D, filed Jun 14, 2022, it has sold $297,485,000 of interests to 309 investors since its first sale in Nov 2021. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jacob Seid; Theodore Schlein; Roger Thornton.
- Total raised
- $297,485,000Cumulative sales reported on Form D
- Investors
- 309
- First sale
- Nov 19, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jacob Seid; Theodore Schlein; Roger Thornton
- Latest Form D
- Jun 14, 2022
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 Ballistic Ventures I, LP
What is the minimum investment for Ballistic Ventures I, LP?
Ballistic Ventures I, LP's latest Form D, filed Jun 14, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ballistic Ventures I, LP?
Ballistic Ventures I, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Ballistic Ventures I, LP raised?
Ballistic Ventures I, LP reports $297,485,000 sold from 309 investors on its Form D filed Jun 14, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Ballistic Ventures I, LP based?
Ballistic Ventures I, LP is based in San Mateo, California.
When did Ballistic Ventures I, LP launch?
Ballistic Ventures I, LP reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 98% of the 2,226 venture capital funds based in California, and more than 99% of all 14,875 that report sales.