Elephant Partners I, LP is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Sep 21, 2016, it has sold $156,357,143 of interests to 73 investors since its first sale in Oct 2015. 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(b), which does not permit general solicitation. Related persons named in the filing include Jeremiah Daly; Andrew Hunt; Patrick Cammarata.
- Total raised
- $156,357,143Cumulative sales reported on Form D
- Investors
- 73
- First sale
- Oct 2, 2015
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeremiah Daly; Andrew Hunt; Patrick Cammarata
- Latest Form D
- Sep 21, 2016
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Sep 21, 2016 | Amendment | $156,357,143 | 73 | SEC.gov ↗ |
| Oct 19, 2015 | First notice | $138,327,414 | 58 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Oct 19, 2015. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Elephant Partners I, LP
What is the minimum investment for Elephant Partners I, LP?
Elephant Partners I, LP's latest Form D, filed Sep 21, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Elephant Partners I, LP?
Elephant Partners I, LP 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(b), which does not allow general advertising.
How much has Elephant Partners I, LP raised?
Elephant Partners I, LP reports $156,357,143 sold from 73 investors on its Form D filed Sep 21, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Elephant Partners I, LP based?
Elephant Partners I, LP is based in Boston, Massachusetts.
When did Elephant Partners I, LP launch?
Elephant Partners I, LP reports its first sale in Oct 2015.
Size compared with every venture capital fund
Raised more than 95% of the 531 venture capital funds based in Massachusetts, and more than 99% of all 14,865 that report sales.