Banyan Ventures LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Sep 27, 2024, it has sold $970,000 of interests to 9 investors since its first sale in Sep 2024. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Sam Awrabi; Banyan Ventures Management LLC; Banyan Ventures GP LLC.
- Total raised
- $970,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Sep 20, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Sam Awrabi; Banyan Ventures Management LLC; Banyan Ventures GP LLC
- Latest Form D
- Sep 27, 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
Questions about Banyan Ventures LP
What is the minimum investment for Banyan Ventures LP?
Banyan Ventures LP's latest Form D, filed Sep 27, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Banyan Ventures LP?
Banyan Ventures 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Banyan Ventures LP raised?
Banyan Ventures LP reports $970,000 sold from 9 investors on its Form D filed Sep 27, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Banyan Ventures LP based?
Banyan Ventures LP is based in New York, New York.
When did Banyan Ventures LP launch?
Banyan Ventures LP reports its first sale in Sep 2024.
Size compared with every venture capital fund
Raised more than 48% of the 1,233 venture capital funds based in New York, and more than 60% of all 14,835 that report sales.