Phase Two Ventures Fund I, LP is a venture capital fund based in San Diego, California. According to its most recent Form D, filed Jun 30, 2023, it has sold $1,500,000 of interests to 3 investors since its first sale in May 2023. 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. Related persons named in the filing include Phase Two Ventures Management LLC; Jose Morachis; Will Alaynick.
- Total raised
- $1,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- May 16, 2023
- 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
- Phase Two Ventures Management LLC; Jose Morachis; Will Alaynick
- Latest Form D
- Jun 30, 2023
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 Phase Two Ventures Fund I, LP
What is the minimum investment for Phase Two Ventures Fund I, LP?
Phase Two Ventures Fund I, LP's latest Form D, filed Jun 30, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Phase Two Ventures Fund I, LP?
Phase Two 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 Phase Two Ventures Fund I, LP raised?
Phase Two Ventures Fund I, LP reports $1,500,000 sold from 3 investors on its Form D filed Jun 30, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Phase Two Ventures Fund I, LP based?
Phase Two Ventures Fund I, LP is based in San Diego, California.
When did Phase Two Ventures Fund I, LP launch?
Phase Two Ventures Fund I, LP reports its first sale in May 2023.
Size compared with every venture capital fund
Raised more than 53% of the 2,227 venture capital funds based in California, and more than 67% of all 14,865 that report sales.