GateCap Ventures II LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed May 11, 2021, it has sold $9,310,000 of interests to 43 investors since its first sale in Apr 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 Frank Fernandez; Alfred Macdaniel, Jr; GateCap Ventures II GP LLC.
- Total raised
- $9,310,000Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Apr 30, 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
- Frank Fernandez; Alfred Macdaniel, Jr; GateCap Ventures II GP LLC
- Latest Form D
- May 11, 2021
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 GateCap Ventures II LP
What is the minimum investment for GateCap Ventures II LP?
According to its latest Form D, filed May 11, 2021, the minimum investment GateCap Ventures II LP accepts from an outside investor is $10,000.
Who can invest in GateCap Ventures II LP?
GateCap Ventures II 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 GateCap Ventures II LP raised?
GateCap Ventures II LP reports $9,310,000 sold from 43 investors on its Form D filed May 11, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is GateCap Ventures II LP based?
GateCap Ventures II LP is based in Austin, Texas.
When did GateCap Ventures II LP launch?
GateCap Ventures II LP reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 83% of the 489 venture capital funds based in Texas, and more than 87% of all 14,840 that report sales.