IgniteXL Ventures, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed May 17, 2021, it has sold $3,704,000 of interests to 13 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $250,000. 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 GENERAL PARTNER IgniteXL Ventures GP, LLC.
- Total raised
- $3,704,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Jan 24, 2020
- Minimum investment
- $250,000
- 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
- GENERAL PARTNER IgniteXL Ventures GP, LLC
- Latest Form D
- May 17, 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 IgniteXL Ventures, LP
What is the minimum investment for IgniteXL Ventures, LP?
According to its latest Form D, filed May 17, 2021, the minimum investment IgniteXL Ventures, LP accepts from an outside investor is $250,000.
Who can invest in IgniteXL Ventures, LP?
IgniteXL 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 IgniteXL Ventures, LP raised?
IgniteXL Ventures, LP reports $3,704,000 sold from 13 investors on its Form D filed May 17, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is IgniteXL Ventures, LP based?
IgniteXL Ventures, LP is based in Palo Alto, California.
When did IgniteXL Ventures, LP launch?
IgniteXL Ventures, LP reports its first sale in Jan 2020.
Size compared with every venture capital fund
Raised more than 64% of the 2,224 venture capital funds based in California, and more than 79% of all 14,840 that report sales.