Govtech Fund II, L.P.
Govtech Fund II, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jun 15, 2018, it has sold $24,974,490 of interests to 34 investors since its first sale in Nov 2017. The filing does not set a minimum investment. 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 Govtech Fund Management II, LLC; Ron Bouganim.
- Total raised
- $24,974,490Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Nov 7, 2017
- Minimum investment
- None set
- 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
- Govtech Fund Management II, LLC; Ron Bouganim
- Latest Form D
- Jun 15, 2018
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jun 15, 2018 | Form D/A (amendment) | $24,974,490 | 34 | SEC.gov ↗ |
| Nov 22, 2017 | Form D | $20,750,000 | 29 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Nov 22, 2017. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Foundations that report holding this fund
| Foundation | State | Value reported | Basis | Tax year ended |
|---|---|---|---|---|
| The Passport Foundation | DE | $903,971 | fair market value | Dec 31, 2024 |
1 private foundation listed this fund by name among the investments on its IRS Form 990-PF. The value is the year-end figure the foundation reported, exactly as filed (fair market value where given, otherwise book value); holdings may have changed since, and other investors in the fund are not listed. Matched by the fund's full name; not verified by AltMountain or by the fund. Source: Internal Revenue Service, Form 990 series e-file data.
Questions about Govtech Fund II, L.P.
What is the minimum investment for Govtech Fund II, L.P.?
Govtech Fund II, L.P.'s latest Form D, filed Jun 15, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Govtech Fund II, L.P.?
Govtech Fund II, L.P. 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 Govtech Fund II, L.P. raised?
Govtech Fund II, L.P. reports $24,974,490 sold from 34 investors on its Form D filed Jun 15, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Govtech Fund II, L.P. based?
Govtech Fund II, L.P. is based in San Francisco, California.
When did Govtech Fund II, L.P. launch?
Govtech Fund II, L.P. reports its first sale in Nov 2017.
Size compared with every venture capital fund
Raised more than 84% of the 2,227 venture capital funds based in California, and more than 93% of all 14,865 that report sales.