Updata Partners VI, L.P.
Updata Partners VI, L.P. is a venture capital fund based in Washington, District of Columbia. According to its most recent Form D, filed Oct 9, 2019, it has sold $237,550,000 of interests to 12 investors since its first sale in Oct 2018. The minimum investment it accepts from an outside investor is $200,000. 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. Related persons named in the filing include Jonathan Seeber; Carter Griffin; Updata Associates VI, L.P.
- Total raised
- $237,550,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Oct 15, 2018
- Minimum investment
- $200,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jonathan Seeber; Carter Griffin; Updata Associates VI, L.P
- Latest Form D
- Oct 9, 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 Updata Partners VI, L.P.
What is the minimum investment for Updata Partners VI, L.P.?
According to its latest Form D, filed Oct 9, 2019, the minimum investment Updata Partners VI, L.P. accepts from an outside investor is $200,000.
Who can invest in Updata Partners VI, L.P.?
Updata Partners VI, L.P. 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 Updata Partners VI, L.P. raised?
Updata Partners VI, L.P. reports $237,550,000 sold from 12 investors on its Form D filed Oct 9, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Updata Partners VI, L.P. based?
Updata Partners VI, L.P. is based in Washington, District of Columbia.
When did Updata Partners VI, L.P. launch?
Updata Partners VI, L.P. reports its first sale in Oct 2018.
Size compared with every venture capital fund
Raised more than 97% of the 37 venture capital funds based in District of Columbia, and more than 99% of all 14,829 that report sales.