Foundery I, LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Feb 3, 2023, it has sold $14,500,000 of interests to 5 investors since its first sale in Apr 2022. 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 Venkataraman Sriram; Foundery Labs, LLC; Michel Streuli.
- Total raised
- $14,500,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 27, 2022
- 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
- Venkataraman Sriram; Foundery Labs, LLC; Michel Streuli
- Latest Form D
- Feb 3, 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 Foundery I, LP
What is the minimum investment for Foundery I, LP?
Foundery I, LP's latest Form D, filed Feb 3, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Foundery I, LP?
Foundery 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 Foundery I, LP raised?
Foundery I, LP reports $14,500,000 sold from 5 investors on its Form D filed Feb 3, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Foundery I, LP based?
Foundery I, LP is based in San Francisco, California.
When did Foundery I, LP launch?
Foundery I, LP reports its first sale in Apr 2022.
Size compared with every private equity fund
Raised more than 70% of the 1,738 private equity funds based in California, and more than 47% of all 8,888 that report sales.