Proximal Ventures Fund I LP is a venture capital fund based in Mill Valley, California. According to its most recent Form D, filed Mar 31, 2026, it has sold $10,635,000 of interests to 23 investors since its first sale in Mar 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Sahir Raoof; Proximal Ventures Fund I GP LLC.
- Total raised
- $10,635,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Mar 16, 2026
- 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
- Sahir Raoof; Proximal Ventures Fund I GP LLC
- Latest Form D
- Mar 31, 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 Proximal Ventures Fund I LP
What is the minimum investment for Proximal Ventures Fund I LP?
Proximal Ventures Fund I LP's latest Form D, filed Mar 31, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proximal Ventures Fund I LP?
Proximal 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 Proximal Ventures Fund I LP raised?
Proximal Ventures Fund I LP reports $10,635,000 sold from 23 investors on its Form D filed Mar 31, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Proximal Ventures Fund I LP based?
Proximal Ventures Fund I LP is based in Mill Valley, California.
When did Proximal Ventures Fund I LP launch?
Proximal Ventures Fund I LP reports its first sale in Mar 2026, 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 76% of the 2,268 venture capital funds based in California, and more than 88% of all 15,160 that report sales.