Pack Ventures I, LP is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Sep 9, 2021, it has sold $350,000 of interests to 8 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Pack Ventures I GP, LLC; Kenneth Horenstein.
- Total raised
- $350,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Aug 2, 2021
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Pack Ventures I GP, LLC; Kenneth Horenstein
- Latest Form D
- Sep 9, 2021
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 Pack Ventures I, LP
What is the minimum investment for Pack Ventures I, LP?
According to its latest Form D, filed Sep 9, 2021, the minimum investment Pack Ventures I, LP accepts from an outside investor is $25,000.
Who can invest in Pack Ventures I, LP?
Pack 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Pack Ventures I, LP raised?
Pack Ventures I, LP reports $350,000 sold from 8 investors on its Form D filed Sep 9, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Pack Ventures I, LP based?
Pack Ventures I, LP is based in Seattle, Washington.
When did Pack Ventures I, LP launch?
Pack Ventures I, LP reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 64% of the 5,403 venture capital funds based in Washington, and more than 42% of all 14,800 that report sales.