Springdale Ventures I, LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Jun 3, 2019, it has sold $4,800,000 of interests to 15 investors since its first sale in May 2019. 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 Springdale Ventures GP I, LLC; Dan Graham; Genevieve Gilbreath.
- Total raised
- $4,800,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- May 18, 2019
- 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
- Springdale Ventures GP I, LLC; Dan Graham; Genevieve Gilbreath
- Latest Form D
- Jun 3, 2019
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 Springdale Ventures I, LP
What is the minimum investment for Springdale Ventures I, LP?
Springdale Ventures I, LP's latest Form D, filed Jun 3, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Springdale Ventures I, LP?
Springdale Ventures 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 Springdale Ventures I, LP raised?
Springdale Ventures I, LP reports $4,800,000 sold from 15 investors on its Form D filed Jun 3, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Springdale Ventures I, LP based?
Springdale Ventures I, LP is based in Austin, Texas.
When did Springdale Ventures I, LP launch?
Springdale Ventures I, LP reports its first sale in May 2019.
Size compared with every venture capital fund
Raised more than 73% of the 494 venture capital funds based in Texas, and more than 81% of all 14,865 that report sales.