AltMountain

Section Ventures, LP

Palo Alto, CA · CIK 1808676
Status: no Form D since Jun 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Section Ventures, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jun 16, 2021, it has sold $24,200,000 of interests to 18 investors since its first sale in Jun 2020. The minimum investment it accepts from an outside investor is $50,000. 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. Related persons named in the filing include Section Partners Management, LLC; Section Ventures Associates, LLC; John David Crowder.

Total raised
$24,200,000Cumulative sales reported on Form D
Investors
18
First sale
Jun 16, 2020
Minimum investment
$50,000
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
Section Partners Management, LLC; Section Ventures Associates, LLC; John David Crowder
Latest Form D
Jun 16, 2021

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 Section Ventures, LP

What is the minimum investment for Section Ventures, LP?

According to its latest Form D, filed Jun 16, 2021, the minimum investment Section Ventures, LP accepts from an outside investor is $50,000.

Who can invest in Section Ventures, LP?

Section Ventures, 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 Section Ventures, LP raised?

Section Ventures, LP reports $24,200,000 sold from 18 investors on its Form D filed Jun 16, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Section Ventures, LP based?

Section Ventures, LP is based in Palo Alto, California.

When did Section Ventures, LP launch?

Section Ventures, LP reports its first sale in Jun 2020.

Size compared with every venture capital fund

Raised more than 84% of the 2,199 venture capital funds based in California, and more than 93% of all 14,768 that report sales.

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