EIP Elevate Future Fund I LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed May 20, 2022, it has sold $73,535,353 of interests to 17 investors since its first sale in Mar 2021. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Joshua Feldman; Anthony Oni; EIP Elevate Future Fund I GP LLC.
- Total raised
- $73,535,353Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Mar 12, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Joshua Feldman; Anthony Oni; EIP Elevate Future Fund I GP LLC
- Latest Form D
- May 20, 2022
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 EIP Elevate Future Fund I LP
What is the minimum investment for EIP Elevate Future Fund I LP?
EIP Elevate Future Fund I LP's latest Form D, filed May 20, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in EIP Elevate Future Fund I LP?
EIP Elevate Future Fund I 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(c), so it may advertise, but every investor must be verified as accredited.
How much has EIP Elevate Future Fund I LP raised?
EIP Elevate Future Fund I LP reports $73,535,353 sold from 17 investors on its Form D filed May 20, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is EIP Elevate Future Fund I LP based?
EIP Elevate Future Fund I LP is based in New York, New York.
When did EIP Elevate Future Fund I LP launch?
EIP Elevate Future Fund I LP reports its first sale in Mar 2021.
Size compared with every venture capital fund
Raised more than 95% of the 1,234 venture capital funds based in New York, and more than 97% of all 14,840 that report sales.