Costanoa FP II, L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Oct 24, 2025, it has sold $1,999,000 of interests to 1 investor since its first sale in May 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Costanoa Venture Partners V, LLC; Gregory Sands.
- Total raised
- $1,999,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 13, 2025
- 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
- Costanoa Venture Partners V, LLC; Gregory Sands
- Latest Form D
- Oct 24, 2025
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 Costanoa FP II, L.P.
What is the minimum investment for Costanoa FP II, L.P.?
Costanoa FP II, L.P.'s latest Form D, filed Oct 24, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Costanoa FP II, L.P.?
Costanoa FP II, 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 Costanoa FP II, L.P. raised?
Costanoa FP II, L.P. reports $1,999,000 sold from 1 investor on its Form D filed Oct 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Costanoa FP II, L.P. based?
Costanoa FP II, L.P. is based in Palo Alto, California.
When did Costanoa FP II, L.P. launch?
Costanoa FP II, L.P. reports its first sale in May 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 56% of the 2,268 venture capital funds based in California, and more than 71% of all 15,160 that report sales.