GateCap Ventures LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Nov 12, 2020, it has sold $3,010,000 of interests to 37 investors since its first sale in Oct 2019. The minimum investment it accepts from an outside investor is $25,000. 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 GateCap Ventures GP LLC; Frank Fernandez; Alfred Macdaniel, Jr.
- Total raised
- $3,010,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Oct 31, 2019
- Minimum investment
- $25,000
- 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
- GateCap Ventures GP LLC; Frank Fernandez; Alfred Macdaniel, Jr
- Latest Form D
- Nov 12, 2020
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 LP
What is the minimum investment for GateCap Ventures LP?
According to its latest Form D, filed Nov 12, 2020, the minimum investment GateCap Ventures LP accepts from an outside investor is $25,000.
Who can invest in GateCap Ventures LP?
GateCap Ventures 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 LP raised?
GateCap Ventures LP reports $3,010,000 sold from 37 investors on its Form D filed Nov 12, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is GateCap Ventures LP based?
GateCap Ventures LP is based in Austin, Texas.
When did GateCap Ventures LP launch?
GateCap Ventures LP reports its first sale in Oct 2019.
Size compared with every venture capital fund
Raised more than 66% of the 483 venture capital funds based in Texas, and more than 76% of all 14,732 that report sales.