SNAK Venture Partners I LP
SNAK Venture Partners I LP is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Aug 22, 2025, it has sold $46,088,700 of interests to 39 investors since its first sale in Aug 2024. 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 SNAK Venture Partners GP I LLC; Sonia Nagar; Adam Koopersmith.
- Total raised
- $46,088,700Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Aug 26, 2024
- 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
- SNAK Venture Partners GP I LLC; Sonia Nagar; Adam Koopersmith
- Latest Form D
- Aug 22, 2025
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 SNAK Venture Partners I LP
What is the minimum investment for SNAK Venture Partners I LP?
SNAK Venture Partners I LP's latest Form D, filed Aug 22, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SNAK Venture Partners I LP?
SNAK Venture Partners 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 SNAK Venture Partners I LP raised?
SNAK Venture Partners I LP reports $46,088,700 sold from 39 investors on its Form D filed Aug 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SNAK Venture Partners I LP based?
SNAK Venture Partners I LP is based in Chicago, Illinois and is managed by Snak Venture Partners Management, LLC.
When did SNAK Venture Partners I LP launch?
SNAK Venture Partners I LP reports its first sale in Aug 2024, 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 89% of the 148 venture capital funds based in Illinois, and more than 96% of all 15,160 that report sales.