CRV XVII, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Nov 12, 2021, it has sold $60,000,000 of interests to 56 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Jon Auerbach; Izhar Armory; Devdutt Yellurkar.
- Total raised
- $60,000,000Cumulative sales reported on Form D
- Investors
- 56
- First sale
- Nov 1, 2021
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jon Auerbach; Izhar Armory; Devdutt Yellurkar
- Latest Form D
- Nov 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 CRV XVII, LP
What is the minimum investment for CRV XVII, LP?
According to its latest Form D, filed Nov 12, 2021, the minimum investment CRV XVII, LP accepts from an outside investor is $50,000.
Who can invest in CRV XVII, LP?
CRV XVII, 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 CRV XVII, LP raised?
CRV XVII, LP reports $60,000,000 sold from 56 investors on its Form D filed Nov 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is CRV XVII, LP based?
CRV XVII, LP is based in Palo Alto, California.
When did CRV XVII, LP launch?
CRV XVII, LP reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 92% of the 2,227 venture capital funds based in California, and more than 97% of all 14,865 that report sales.