Canapi Ventures SBIC Fund, L.P. is a venture capital fund based in Washington, District of Columbia. According to its most recent Form D, filed Feb 10, 2021, it has sold $500,000,000 of interests to 34 investors since its first sale in Sep 2019. 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 Neil Underwood; Daniel Beldy; James Hale.
- Total raised
- $500,000,000Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Sep 4, 2019
- 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
- Neil Underwood; Daniel Beldy; James Hale
- Latest Form D
- Feb 10, 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 Canapi Ventures SBIC Fund, L.P.
What is the minimum investment for Canapi Ventures SBIC Fund, L.P.?
Canapi Ventures SBIC Fund, L.P.'s latest Form D, filed Feb 10, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Canapi Ventures SBIC Fund, L.P.?
Canapi Ventures SBIC Fund, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Canapi Ventures SBIC Fund, L.P. raised?
Canapi Ventures SBIC Fund, L.P. reports $500,000,000 sold from 34 investors on its Form D filed Feb 10, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Canapi Ventures SBIC Fund, L.P. based?
Canapi Ventures SBIC Fund, L.P. is based in Washington, District of Columbia.
When did Canapi Ventures SBIC Fund, L.P. launch?
Canapi Ventures SBIC Fund, L.P. reports its first sale in Sep 2019.
Size compared with every venture capital fund
Raised more than 100% of the 38 venture capital funds based in District of Columbia, and more than 100% of all 14,865 that report sales.