Distributed Ventures Fund I-A, L.P. is a venture capital fund based in New York, New York. According to its most recent Form D, filed Mar 23, 2023, it has sold $6,735,000 of interests to 29 investors since its first sale in Oct 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Shawn Ellis; Adam Blumencranz.
- Total raised
- $6,735,000Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Oct 22, 2021
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Shawn Ellis; Adam Blumencranz
- Latest Form D
- Mar 23, 2023
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 Distributed Ventures Fund I-A, L.P.
What is the minimum investment for Distributed Ventures Fund I-A, L.P.?
Distributed Ventures Fund I-A, L.P.'s latest Form D, filed Mar 23, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Distributed Ventures Fund I-A, L.P.?
Distributed Ventures Fund I-A, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Distributed Ventures Fund I-A, L.P. raised?
Distributed Ventures Fund I-A, L.P. reports $6,735,000 sold from 29 investors on its Form D filed Mar 23, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Distributed Ventures Fund I-A, L.P. based?
Distributed Ventures Fund I-A, L.P. is based in New York, New York.
When did Distributed Ventures Fund I-A, L.P. launch?
Distributed Ventures Fund I-A, L.P. reports its first sale in Oct 2021.
Size compared with every venture capital fund
Raised more than 72% of the 1,237 venture capital funds based in New York, and more than 85% of all 14,875 that report sales.