Congruent Ventures I, LP is a venture capital fund based in Oakland, California. According to its most recent Form D, filed Jan 29, 2018, it has sold $37,000,000 of interests to 7 investors since its first sale in Jan 2017. 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 Joshua Posamentier; Congruent Ventures GP, LLC; Abraham Yokell.
- Total raised
- $37,000,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jan 30, 2017
- 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
- Joshua Posamentier; Congruent Ventures GP, LLC; Abraham Yokell
- Latest Form D
- Jan 29, 2018
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 Congruent Ventures I, LP
What is the minimum investment for Congruent Ventures I, LP?
Congruent Ventures I, LP's latest Form D, filed Jan 29, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Congruent Ventures I, LP?
Congruent 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(b), which does not allow general advertising.
How much has Congruent Ventures I, LP raised?
Congruent Ventures I, LP reports $37,000,000 sold from 7 investors on its Form D filed Jan 29, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Congruent Ventures I, LP based?
Congruent Ventures I, LP is based in Oakland, California.
When did Congruent Ventures I, LP launch?
Congruent Ventures I, LP reports its first sale in Jan 2017.
Size compared with every venture capital fund
Raised more than 87% of the 2,222 venture capital funds based in California, and more than 95% of all 14,829 that report sales.