Cherry Fund II, LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Dec 5, 2025, it has sold $4,835,000 of interests to 10 investors since its first sale in Nov 2025. The minimum investment it accepts from an outside investor is $50,000. 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 Thomas Lumpkin; Cherry Fund GP II, LLC.
- Total raised
- $4,835,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Nov 21, 2025
- Minimum investment
- $50,000
- 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
- Thomas Lumpkin; Cherry Fund GP II, LLC
- Latest Form D
- Dec 5, 2025
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 Cherry Fund II, LP
What is the minimum investment for Cherry Fund II, LP?
According to its latest Form D, filed Dec 5, 2025, the minimum investment Cherry Fund II, LP accepts from an outside investor is $50,000.
Who can invest in Cherry Fund II, LP?
Cherry Fund II, 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 Cherry Fund II, LP raised?
Cherry Fund II, LP reports $4,835,000 sold from 10 investors on its Form D filed Dec 5, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Cherry Fund II, LP based?
Cherry Fund II, LP is based in Austin, Texas.
When did Cherry Fund II, LP launch?
Cherry Fund II, LP reports its first sale in Nov 2025, 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 72% of the 495 venture capital funds based in Texas, and more than 81% of all 15,160 that report sales.