Benchmark Partners 1, L.P. is a venture capital fund based in Woodside, California. According to its most recent Form D, filed Jul 9, 2024, it has sold $425,000,000 of interests to 39 investors since its first sale in Jul 2024. 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 Sarah Tavel; Chetan Puttagunta; Peter Fenton.
- Total raised
- $425,000,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jul 2, 2024
- 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
- Sarah Tavel; Chetan Puttagunta; Peter Fenton
- Latest Form D
- Jul 9, 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 Benchmark Partners 1, L.P.
What is the minimum investment for Benchmark Partners 1, L.P.?
Benchmark Partners 1, L.P.'s latest Form D, filed Jul 9, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Benchmark Partners 1, L.P.?
Benchmark Partners 1, 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 Benchmark Partners 1, L.P. raised?
Benchmark Partners 1, L.P. reports $425,000,000 sold from 39 investors on its Form D filed Jul 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Benchmark Partners 1, L.P. based?
Benchmark Partners 1, L.P. is based in Woodside, California.
When did Benchmark Partners 1, L.P. launch?
Benchmark Partners 1, L.P. reports its first sale in Jul 2024.
Size compared with every venture capital fund
Raised more than 98% of the 2,222 venture capital funds based in California, and more than 100% of all 14,829 that report sales.
Other funds with the same team
- Benchmark AI Infrastructure Fund, L.P.$127M
- Benchmark AI Infrastructure Fund B, L.P.$96.7M
- Benchmark Partners Growth I, L.P.$85.5M
- Benchmark Partners 2, L.P.$0
- Benchmark Partners T1, L.P.$0
- Benchmark Partners Founders' Fund 2, L.P.$0
- Benchmark Partners Founders' Fund 2-A, L.P.$0
- Benchmark Partners Founders' Fund T1, L.P.$0