First Round Capital V, L.P.
First Round Capital V, L.P. is a venture capital fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Jun 30, 2014, it has sold $174,950,000 of interests to 74 investors since its first sale in Jun 2014. 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 Josh Kopelman; William Trenchard; Chris Fralic.
- Total raised
- $174,950,000Cumulative sales reported on Form D
- Investors
- 74
- First sale
- Jun 17, 2014
- 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
- Josh Kopelman; William Trenchard; Chris Fralic
- Latest Form D
- Jun 30, 2014
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 First Round Capital V, L.P.
What is the minimum investment for First Round Capital V, L.P.?
First Round Capital V, L.P.'s latest Form D, filed Jun 30, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in First Round Capital V, L.P.?
First Round Capital V, 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 First Round Capital V, L.P. raised?
First Round Capital V, L.P. reports $174,950,000 sold from 74 investors on its Form D filed Jun 30, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is First Round Capital V, L.P. based?
First Round Capital V, L.P. is based in Philadelphia, Pennsylvania.
When did First Round Capital V, L.P. launch?
First Round Capital V, L.P. reports its first sale in Jun 2014.
Size compared with every venture capital fund
Raised more than 97% of the 76 venture capital funds based in Pennsylvania, and more than 99% of all 14,865 that report sales.