Align Fund 1, LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 19, 2024, it has sold $2,330,000 of interests to 15 investors since its first sale in Dec 2024. 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(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 Align GP 1, LLC; Align LLC; Philip Bogdanov.
- Total raised
- $2,330,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Dec 5, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Align GP 1, LLC; Align LLC; Philip Bogdanov
- Latest Form D
- Dec 19, 2024
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 Align Fund 1, LP
What is the minimum investment for Align Fund 1, LP?
Align Fund 1, LP's latest Form D, filed Dec 19, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Align Fund 1, LP?
Align Fund 1, 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(b), which does not allow general advertising.
How much has Align Fund 1, LP raised?
Align Fund 1, LP reports $2,330,000 sold from 15 investors on its Form D filed Dec 19, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Align Fund 1, LP based?
Align Fund 1, LP is based in San Francisco, California.
When did Align Fund 1, LP launch?
Align Fund 1, LP reports its first sale in Dec 2024, 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 venture capital fund
Raised more than 59% of the 2,257 venture capital funds based in California, and more than 73% of all 15,163 that report sales.