Life Ventures Legacy, LP is a venture capital fund based in Rancho Santa Fe, California. According to its most recent Form D, filed Jul 18, 2025, it has sold $38,128,000 of interests to 71 investors since its first sale in Aug 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 Douglas Wall; Brent Wall; Scott Wall.
- Total raised
- $38,128,000Cumulative sales reported on Form D
- Investors
- 71
- First sale
- Aug 2, 2023
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Douglas Wall; Brent Wall; Scott Wall
- Latest Form D
- Jul 18, 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 Life Ventures Legacy, LP
What is the minimum investment for Life Ventures Legacy, LP?
Life Ventures Legacy, LP's latest Form D, filed Jul 18, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Life Ventures Legacy, LP?
Life Ventures Legacy, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Life Ventures Legacy, LP raised?
Life Ventures Legacy, LP reports $38,128,000 sold from 71 investors on its Form D filed Jul 18, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Life Ventures Legacy, LP based?
Life Ventures Legacy, LP is based in Rancho Santa Fe, California.
When did Life Ventures Legacy, LP launch?
Life Ventures Legacy, LP reports its first sale in Aug 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 88% of the 2,268 venture capital funds based in California, and more than 95% of all 15,160 that report sales.