Karman Ventures Fund 1, LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Jun 10, 2025, it has sold $41,640,500 of interests to 150 investors since its first sale in Jul 2023. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include William Barnes; Karman Ventures GP, LLC.
- Total raised
- $41,640,500Cumulative sales reported on Form D
- Investors
- 150
- First sale
- Jul 6, 2023
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Barnes; Karman Ventures GP, LLC
- Latest Form D
- Jun 10, 2025
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 Karman Ventures Fund 1, LP
What is the minimum investment for Karman Ventures Fund 1, LP?
According to its latest Form D, filed Jun 10, 2025, the minimum investment Karman Ventures Fund 1, LP accepts from an outside investor is $1,000.
Who can invest in Karman Ventures Fund 1, LP?
Karman Ventures Fund 1, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Karman Ventures Fund 1, LP raised?
Karman Ventures Fund 1, LP reports $41,640,500 sold from 150 investors on its Form D filed Jun 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Karman Ventures Fund 1, LP based?
Karman Ventures Fund 1, LP is based in Austin, Texas and is managed by Karman Ventures, LLC.
When did Karman Ventures Fund 1, LP launch?
Karman Ventures Fund 1, LP reports its first sale in Jul 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 95% of the 495 venture capital funds based in Texas, and more than 95% of all 15,160 that report sales.