500 Fintech, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Sep 11, 2018, it has sold $14,137,878 of interests to 15 investors since its first sale in May 2017. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Christine Tsai; Sheel Mohnot; Mike Sigal.
- Total raised
- $14,137,878Cumulative sales reported on Form D
- Investors
- 15
- First sale
- May 19, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Christine Tsai; Sheel Mohnot; Mike Sigal
- Latest Form D
- Sep 11, 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 500 Fintech, L.P.
What is the minimum investment for 500 Fintech, L.P.?
500 Fintech, L.P.'s latest Form D, filed Sep 11, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 500 Fintech, L.P.?
500 Fintech, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has 500 Fintech, L.P. raised?
500 Fintech, L.P. reports $14,137,878 sold from 15 investors on its Form D filed Sep 11, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is 500 Fintech, L.P. based?
500 Fintech, L.P. is based in San Francisco, California.
When did 500 Fintech, L.P. launch?
500 Fintech, L.P. reports its first sale in May 2017.
Size compared with every venture capital fund
Raised more than 79% of the 2,193 venture capital funds based in California, and more than 90% of all 14,732 that report sales.