Wisdom Ventures Fund I LP is a venture capital fund based in Los Gatos, California. According to its most recent Form D, filed Mar 23, 2023, it has sold $7,761,000 of interests to 40 investors since its first sale in Feb 2022. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Wisdom Ventures GP I LLC; Diego Perez Lacera; Ruchika Sikri.
- Total raised
- $7,761,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Feb 24, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Wisdom Ventures GP I LLC; Diego Perez Lacera; Ruchika Sikri
- Latest Form D
- Mar 23, 2023
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 Wisdom Ventures Fund I LP
What is the minimum investment for Wisdom Ventures Fund I LP?
Wisdom Ventures Fund I LP's latest Form D, filed Mar 23, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Wisdom Ventures Fund I LP?
Wisdom Ventures Fund 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Wisdom Ventures Fund I LP raised?
Wisdom Ventures Fund I LP reports $7,761,000 sold from 40 investors on its Form D filed Mar 23, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Wisdom Ventures Fund I LP based?
Wisdom Ventures Fund I LP is based in Los Gatos, California.
When did Wisdom Ventures Fund I LP launch?
Wisdom Ventures Fund I LP reports its first sale in Feb 2022.
Size compared with every venture capital fund
Raised more than 72% of the 2,227 venture capital funds based in California, and more than 86% of all 14,865 that report sales.