Pillar I, L.P. is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Apr 21, 2017, it has sold $47,705,000 of interests to 50 investors since its first sale in Apr 2016. 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 Russ Wilcox; James Goldstein.
- Total raised
- $47,705,000Cumulative sales reported on Form D
- Investors
- 50
- First sale
- Apr 21, 2016
- 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
- Russ Wilcox; James Goldstein
- Latest Form D
- Apr 21, 2017
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 Pillar I, L.P.
What is the minimum investment for Pillar I, L.P.?
Pillar I, L.P.'s latest Form D, filed Apr 21, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Pillar I, L.P.?
Pillar I, L.P. 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 Pillar I, L.P. raised?
Pillar I, L.P. reports $47,705,000 sold from 50 investors on its Form D filed Apr 21, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Pillar I, L.P. based?
Pillar I, L.P. is based in Boston, Massachusetts.
When did Pillar I, L.P. launch?
Pillar I, L.P. reports its first sale in Apr 2016.
Size compared with every venture capital fund
Raised more than 91% of the 528 venture capital funds based in Massachusetts, and more than 96% of all 14,800 that report sales.