AltMountain

Heretic Studio Fund, LP

San Francisco, CA · CIK 1894492
Status: no Form D since Apr 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Heretic Studio Fund, LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Apr 5, 2023, it has sold $12,900,000 of interests to 30 investors since its first sale in Nov 2021. 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 a Delaware limited liability company Heretic Ventures LLC; Mariam Naficy.

Total raised
$12,900,000Cumulative sales reported on Form D
Investors
30
First sale
Nov 18, 2021
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
a Delaware limited liability company Heretic Ventures LLC; Mariam Naficy
Latest Form D
Apr 5, 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 Heretic Studio Fund, LP

What is the minimum investment for Heretic Studio Fund, LP?

Heretic Studio Fund, LP's latest Form D, filed Apr 5, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Heretic Studio Fund, LP?

Heretic Studio Fund, 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 Heretic Studio Fund, LP raised?

Heretic Studio Fund, LP reports $12,900,000 sold from 30 investors on its Form D filed Apr 5, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Heretic Studio Fund, LP based?

Heretic Studio Fund, LP is based in San Francisco, California.

When did Heretic Studio Fund, LP launch?

Heretic Studio Fund, LP reports its first sale in Nov 2021.

Size compared with every venture capital fund

Raised more than 78% of the 2,224 venture capital funds based in California, and more than 90% of all 14,840 that report sales.

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