Impellent Ventures I, LP
Impellent Ventures I, LP is a venture capital fund based in Rochester, New York. According to its most recent Form D, filed Feb 10, 2020, it has sold $7,050,000 of interests to 2 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $50,000. 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 Dennis Deleo; David Brown.
- Total raised
- $7,050,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jan 27, 2020
- Minimum investment
- $50,000
- 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
- Dennis Deleo; David Brown
- Latest Form D
- Feb 10, 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 Impellent Ventures I, LP
What is the minimum investment for Impellent Ventures I, LP?
According to its latest Form D, filed Feb 10, 2020, the minimum investment Impellent Ventures I, LP accepts from an outside investor is $50,000.
Who can invest in Impellent Ventures I, LP?
Impellent Ventures I, 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 Impellent Ventures I, LP raised?
Impellent Ventures I, LP reports $7,050,000 sold from 2 investors on its Form D filed Feb 10, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Impellent Ventures I, LP based?
Impellent Ventures I, LP is based in Rochester, New York.
When did Impellent Ventures I, LP launch?
Impellent Ventures I, LP reports its first sale in Jan 2020.
Size compared with every venture capital fund
Raised more than 73% of the 1,235 venture capital funds based in New York, and more than 85% of all 14,829 that report sales.