SID Fund I, L.P. is a venture capital fund based in New York, New York. According to its most recent Form D, filed Nov 24, 2023, it has sold $500,000 of interests to 2 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $30,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include SID Venture Partners LLC; Dmytro Vartanian; SID VP Management LLC.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jun 12, 2023
- Minimum investment
- $30,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- SID Venture Partners LLC; Dmytro Vartanian; SID VP Management LLC
- Latest Form D
- Nov 24, 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 SID Fund I, L.P.
What is the minimum investment for SID Fund I, L.P.?
According to its latest Form D, filed Nov 24, 2023, the minimum investment SID Fund I, L.P. accepts from an outside investor is $30,000.
Who can invest in SID Fund I, L.P.?
SID Fund 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(c), so it may advertise, but every investor must be verified as accredited.
How much has SID Fund I, L.P. raised?
SID Fund I, L.P. reports $500,000 sold from 2 investors on its Form D filed Nov 24, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is SID Fund I, L.P. based?
SID Fund I, L.P. is based in New York, New York.
When did SID Fund I, L.P. launch?
SID Fund I, L.P. reports its first sale in Jun 2023.
Size compared with every venture capital fund
Raised more than 42% of the 1,230 venture capital funds based in New York, and more than 48% of all 14,732 that report sales.