Theseus IP, LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Jan 15, 2025, it has sold $45,020,000 of interests to 32 investors since its first sale in Dec 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 Theseus GP, LLC; Ralph Sutton.
- Total raised
- $45,020,000Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Dec 20, 2023
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Theseus GP, LLC; Ralph Sutton
- Latest Form D
- Jan 15, 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 Theseus IP, LLC
What is the minimum investment for Theseus IP, LLC?
Theseus IP, LLC's latest Form D, filed Jan 15, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Theseus IP, LLC?
Theseus IP, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Theseus IP, LLC raised?
Theseus IP, LLC reports $45,020,000 sold from 32 investors on its Form D filed Jan 15, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Theseus IP, LLC based?
Theseus IP, LLC is based in New York, New York.
When did Theseus IP, LLC launch?
Theseus IP, LLC reports its first sale in Dec 2023, 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 private investment fund
Raised more than 62% of the 2,822 private investment funds based in New York, and more than 61% of all 10,255 that report sales.