Precursor Ventures I, L.P.
Precursor Ventures I, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Nov 3, 2016, it has sold $15,180,000 of interests to 57 investors since its first sale in Oct 2015. 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 Charles Hudson.
- Total raised
- $15,180,000Cumulative sales reported on Form D
- Investors
- 57
- First sale
- Oct 1, 2015
- 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
- Charles Hudson
- Latest Form D
- Nov 3, 2016
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 Precursor Ventures I, L.P.
What is the minimum investment for Precursor Ventures I, L.P.?
Precursor Ventures I, L.P.'s latest Form D, filed Nov 3, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Precursor Ventures I, L.P.?
Precursor Ventures 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 Precursor Ventures I, L.P. raised?
Precursor Ventures I, L.P. reports $15,180,000 sold from 57 investors on its Form D filed Nov 3, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Precursor Ventures I, L.P. based?
Precursor Ventures I, L.P. is based in San Francisco, California.
When did Precursor Ventures I, L.P. launch?
Precursor Ventures I, L.P. reports its first sale in Oct 2015.
Size compared with every venture capital fund
Raised more than 80% of the 2,216 venture capital funds based in California, and more than 91% of all 14,800 that report sales.