Congruent Ventures II, LP is a venture capital fund based in Oakland, California. According to its most recent Form D, filed Mar 12, 2021, it has sold $152,040,816 of interests to 25 investors since its first sale in Mar 2020. 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 Congruent Ventures II GP, LLC; Abraham Yokell; Joshua Posamentier.
- Total raised
- $152,040,816Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Mar 13, 2020
- 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
- Congruent Ventures II GP, LLC; Abraham Yokell; Joshua Posamentier
- Latest Form D
- Mar 12, 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 Congruent Ventures II, LP
What is the minimum investment for Congruent Ventures II, LP?
Congruent Ventures II, LP's latest Form D, filed Mar 12, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Congruent Ventures II, LP?
Congruent Ventures II, 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 II, LP raised?
Congruent Ventures II, LP reports $152,040,816 sold from 25 investors on its Form D filed Mar 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Congruent Ventures II, LP based?
Congruent Ventures II, LP is based in Oakland, California.
When did Congruent Ventures II, LP launch?
Congruent Ventures II, LP reports its first sale in Mar 2020.
Size compared with every venture capital fund
Raised more than 96% of the 2,222 venture capital funds based in California, and more than 99% of all 14,829 that report sales.