AltMountain

LEAP Partners I, LP

Castro Valley, CA · CIK 1815227
Status: no Form D since Mar 2022. 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.

LEAP Partners I, LP is a venture capital fund based in Castro Valley, California. According to its most recent Form D, filed Mar 21, 2022, it has sold $30,946,500 of interests to 36 investors since its first sale in Jan 2018. 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 Leticia Casanueva; Roman Leal; Daniel Garcia.

Total raised
$30,946,500Cumulative sales reported on Form D
Investors
36
First sale
Jan 1, 2018
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
Leticia Casanueva; Roman Leal; Daniel Garcia
Latest Form D
Mar 21, 2022

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 LEAP Partners I, LP

What is the minimum investment for LEAP Partners I, LP?

According to its latest Form D, filed Mar 21, 2022, the minimum investment LEAP Partners I, LP accepts from an outside investor is $250,000.

Who can invest in LEAP Partners I, LP?

LEAP Partners 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 LEAP Partners I, LP raised?

LEAP Partners I, LP reports $30,946,500 sold from 36 investors on its Form D filed Mar 21, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is LEAP Partners I, LP based?

LEAP Partners I, LP is based in Castro Valley, California.

When did LEAP Partners I, LP launch?

LEAP Partners I, LP reports its first sale in Jan 2018.

Size compared with every venture capital fund

Raised more than 87% of the 2,216 venture capital funds based in California, and more than 94% of all 14,800 that report sales.

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