PharmStars Ventures Fund 1 LP is a venture capital fund based in Newton, Massachusetts. According to its most recent Form D, filed Jun 10, 2026, it has sold $3,775,000 of interests to 15 investors since its first sale in May 2025. 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(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 Naomi Fried; PharmStars Ventures Fund I GP LLC; Shrawan Patel.
- Total raised
- $3,775,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- May 26, 2025
- Minimum investment
- $25,000
- 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
- Naomi Fried; PharmStars Ventures Fund I GP LLC; Shrawan Patel
- Latest Form D
- Jun 10, 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 PharmStars Ventures Fund 1 LP
What is the minimum investment for PharmStars Ventures Fund 1 LP?
According to its latest Form D, filed Jun 10, 2026, the minimum investment PharmStars Ventures Fund 1 LP accepts from an outside investor is $25,000.
Who can invest in PharmStars Ventures Fund 1 LP?
PharmStars Ventures Fund 1 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 PharmStars Ventures Fund 1 LP raised?
PharmStars Ventures Fund 1 LP reports $3,775,000 sold from 15 investors on its Form D filed Jun 10, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is PharmStars Ventures Fund 1 LP based?
PharmStars Ventures Fund 1 LP is based in Newton, Massachusetts.
When did PharmStars Ventures Fund 1 LP launch?
PharmStars Ventures Fund 1 LP reports its first sale in May 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 77% of the 540 venture capital funds based in Massachusetts, and more than 79% of all 15,160 that report sales.