Figment Fund I LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Aug 7, 2023, it has sold $17,477,500 of interests to 62 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $10,000. 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 Figment Fund I GP LP; Figment Investment Management, LLC; Lorien Gabel.
- Total raised
- $17,477,500Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Aug 24, 2021
- Minimum investment
- $10,000
- 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
- Figment Fund I GP LP; Figment Investment Management, LLC; Lorien Gabel
- Latest Form D
- Aug 7, 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 Figment Fund I LP
What is the minimum investment for Figment Fund I LP?
According to its latest Form D, filed Aug 7, 2023, the minimum investment Figment Fund I LP accepts from an outside investor is $10,000.
Who can invest in Figment Fund I LP?
Figment Fund 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 Figment Fund I LP raised?
Figment Fund I LP reports $17,477,500 sold from 62 investors on its Form D filed Aug 7, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Figment Fund I LP based?
Figment Fund I LP is based in New York, New York.
When did Figment Fund I LP launch?
Figment Fund I LP reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 84% of the 1,239 venture capital funds based in New York, and more than 91% of all 14,865 that report sales.