Foster Ventures Fund I, LP is a venture capital fund based in Foster City, California. According to its most recent Form D, filed Jun 5, 2025, it has sold $13,001,798 of interests to 95 investors since its first sale in Jan 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Foster Ventures Management Company, LLC; Sivapriya Ramachandran; Foster Ventures Fund I GP, LLC.
- Total raised
- $13,001,798Cumulative sales reported on Form D
- Investors
- 95
- First sale
- Jan 23, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Foster Ventures Management Company, LLC; Sivapriya Ramachandran; Foster Ventures Fund I GP, LLC
- Latest Form D
- Jun 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 Foster Ventures Fund I, LP
What is the minimum investment for Foster Ventures Fund I, LP?
Foster Ventures Fund I, LP's latest Form D, filed Jun 5, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Foster Ventures Fund I, LP?
Foster Ventures 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Foster Ventures Fund I, LP raised?
Foster Ventures Fund I, LP reports $13,001,798 sold from 95 investors on its Form D filed Jun 5, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Foster Ventures Fund I, LP based?
Foster Ventures Fund I, LP is based in Foster City, California.
When did Foster Ventures Fund I, LP launch?
Foster Ventures Fund I, LP reports its first sale in Jan 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 78% of the 2,268 venture capital funds based in California, and more than 90% of all 15,160 that report sales.