Lichen Ventures Fund I, LP is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Jun 5, 2026, it has sold $1,717,500 of interests to 28 investors since its first sale in Jun 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Lichen Ventures, LLC; Lichen Ventures GP, LLC; Justin Brodie-Kommit.
- Total raised
- $1,717,500Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Jun 27, 2025
- 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
- Lichen Ventures, LLC; Lichen Ventures GP, LLC; Justin Brodie-Kommit
- Latest Form D
- Jun 5, 2026
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 Lichen Ventures Fund I, LP
What is the minimum investment for Lichen Ventures Fund I, LP?
Lichen Ventures Fund I, LP's latest Form D, filed Jun 5, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lichen Ventures Fund I, LP?
Lichen Ventures Fund 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 Lichen Ventures Fund I, LP raised?
Lichen Ventures Fund I, LP reports $1,717,500 sold from 28 investors on its Form D filed Jun 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Lichen Ventures Fund I, LP based?
Lichen Ventures Fund I, LP is based in Baltimore, Maryland.
When did Lichen Ventures Fund I, LP launch?
Lichen Ventures Fund I, LP reports its first sale in Jun 2025, 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 74% of the 92 venture capital funds based in Maryland, and more than 69% of all 15,160 that report sales.