Evl I LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Jan 22, 2025, it has sold $5,775,000 of interests to 4 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 Escape Velocity Capital LLC; Srujan Linga; Ram Sundaram.
- Total raised
- $5,775,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Nov 11, 2024
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Escape Velocity Capital LLC; Srujan Linga; Ram Sundaram
- Latest Form D
- Jan 22, 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 Evl I LP
What is the minimum investment for Evl I LP?
According to its latest Form D, filed Jan 22, 2025, the minimum investment Evl I LP accepts from an outside investor is $100,000.
Who can invest in Evl I LP?
Evl I LP 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(b), which does not allow general advertising.
How much has Evl I LP raised?
Evl I LP reports $5,775,000 sold from 4 investors on its Form D filed Jan 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Evl I LP based?
Evl I LP is based in New York, New York and is managed by Escape Velocity Capital LLC.
When did Evl I LP launch?
Evl I LP reports its first sale in Nov 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 71% of the 1,252 venture capital funds based in New York, and more than 83% of all 15,160 that report sales.