CRV Xviii, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jul 16, 2020, it has sold $600,000,000 of interests to 61 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $500,000. 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 CRV Xviii GP, LLC; CRV Xviii GP, LP; Jon Auerbach.
- Total raised
- $600,000,000Cumulative sales reported on Form D
- Investors
- 61
- First sale
- Jul 2, 2020
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- CRV Xviii GP, LLC; CRV Xviii GP, LP; Jon Auerbach
- Latest Form D
- Jul 16, 2020
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 Xviii, LP
What is the minimum investment for CRV Xviii, LP?
According to its latest Form D, filed Jul 16, 2020, the minimum investment CRV Xviii, LP accepts from an outside investor is $500,000.
Who can invest in CRV Xviii, LP?
CRV Xviii, 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 Xviii, LP raised?
CRV Xviii, LP reports $600,000,000 sold from 61 investors on its Form D filed Jul 16, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is CRV Xviii, LP based?
CRV Xviii, LP is based in Palo Alto, California.
When did CRV Xviii, LP launch?
CRV Xviii, LP reports its first sale in Jul 2020.
Size compared with every venture capital fund
Raised more than 99% of the 2,227 venture capital funds based in California, and more than 100% of all 14,865 that report sales.