Otherwise Fund V, L.P.
Otherwise Fund V, L.P. is a venture capital fund based in Mill Valley, California. According to its most recent Form D, filed Mar 28, 2025, it has sold $40,200,000 of interests to 17 investors since its first sale in Mar 2025. The filing does not set a minimum investment. 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 Otherwise Fund Operations V, LLC; Terrence Rohan.
- Total raised
- $40,200,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Mar 18, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Otherwise Fund Operations V, LLC; Terrence Rohan
- Latest Form D
- Mar 28, 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 Otherwise Fund V, L.P.
What is the minimum investment for Otherwise Fund V, L.P.?
Otherwise Fund V, L.P.'s latest Form D, filed Mar 28, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Otherwise Fund V, L.P.?
Otherwise Fund V, L.P. 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 Otherwise Fund V, L.P. raised?
Otherwise Fund V, L.P. reports $40,200,000 sold from 17 investors on its Form D filed Mar 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Otherwise Fund V, L.P. based?
Otherwise Fund V, L.P. is based in Mill Valley, California and is managed by Otherwise Fund Management, LLC.
When did Otherwise Fund V, L.P. launch?
Otherwise Fund V, L.P. reports its first sale in Mar 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 88% of the 2,268 venture capital funds based in California, and more than 95% of all 15,160 that report sales.