Wave I, L.P.
Wave I, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jun 8, 2018, it has sold $53,225,000 of interests to 38 investors since its first sale in Jan 2018. 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. Related persons named in the filing include David Rosenthal; Riley Newman; Sara Adler.
- Total raised
- $53,225,000Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Jan 26, 2018
- 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
- David Rosenthal; Riley Newman; Sara Adler
- Latest Form D
- Jun 8, 2018
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 Wave I, L.P.
What is the minimum investment for Wave I, L.P.?
Wave I, L.P.'s latest Form D, filed Jun 8, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Wave I, L.P.?
Wave I, 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 Wave I, L.P. raised?
Wave I, L.P. reports $53,225,000 sold from 38 investors on its Form D filed Jun 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Wave I, L.P. based?
Wave I, L.P. is based in San Francisco, California.
When did Wave I, L.P. launch?
Wave I, L.P. reports its first sale in Jan 2018.
Size compared with every venture capital fund
Raised more than 91% of the 2,222 venture capital funds based in California, and more than 96% of all 14,829 that report sales.