DCM IX, L.P.
DCM IX, L.P. is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Sep 17, 2019, it has sold $710,670,000 of interests to 79 investors since its first sale in May 2018. 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 K. Chao; Matthew Bonner.
- Total raised
- $710,670,000Cumulative sales reported on Form D
- Investors
- 79
- First sale
- May 24, 2018
- 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
- K. Chao; Matthew Bonner
- Latest Form D
- Sep 17, 2019
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 DCM IX, L.P.
What is the minimum investment for DCM IX, L.P.?
DCM IX, L.P.'s latest Form D, filed Sep 17, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in DCM IX, L.P.?
DCM IX, 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 DCM IX, L.P. raised?
DCM IX, L.P. reports $710,670,000 sold from 79 investors on its Form D filed Sep 17, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is DCM IX, L.P. based?
DCM IX, L.P. is based in Menlo Park, California.
When did DCM IX, L.P. launch?
DCM IX, L.P. reports its first sale in May 2018.
Size compared with every venture capital fund
Raised more than 99% of the 2,224 venture capital funds based in California, and more than 100% of all 14,840 that report sales.