Driven Fund I, LP is a venture capital fund based in Santiago, Chile. According to its most recent Form D, filed Oct 21, 2025, it has sold $3,676,810 of interests to 45 investors since its first sale in Oct 2023. 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 Lonnie Riggs; Macarena Liu; Driven GP, LLC.
- Total raised
- $3,676,810Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Oct 31, 2023
- 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
- Lonnie Riggs; Macarena Liu; Driven GP, LLC
- Latest Form D
- Oct 21, 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 Driven Fund I, LP
What is the minimum investment for Driven Fund I, LP?
Driven Fund I, LP's latest Form D, filed Oct 21, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Driven Fund I, LP?
Driven 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(b), which does not allow general advertising.
How much has Driven Fund I, LP raised?
Driven Fund I, LP reports $3,676,810 sold from 45 investors on its Form D filed Oct 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Driven Fund I, LP based?
Driven Fund I, LP is based in Santiago, Chile.
When did Driven Fund I, LP launch?
Driven Fund I, LP reports its first sale in Oct 2023, 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 50% of the 8 venture capital funds based in Chile, and more than 79% of all 15,160 that report sales.