SCP Figai LLC is a venture capital fund based in New York, New York. According to its most recent Form D, filed Mar 25, 2025, it has sold $1,685,000 of interests to 28 investors since its first sale in Mar 2025. The minimum investment it accepts from an outside investor is $20,000. 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 Charles De Veil; Carlos Lopez-Ona; Stelac Capital Partners LLC.
- Total raised
- $1,685,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Mar 14, 2025
- Minimum investment
- $20,000
- 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
- Charles De Veil; Carlos Lopez-Ona; Stelac Capital Partners LLC
- Latest Form D
- Mar 25, 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 SCP Figai LLC
What is the minimum investment for SCP Figai LLC?
According to its latest Form D, filed Mar 25, 2025, the minimum investment SCP Figai LLC accepts from an outside investor is $20,000.
Who can invest in SCP Figai LLC?
SCP Figai LLC 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 SCP Figai LLC raised?
SCP Figai LLC reports $1,685,000 sold from 28 investors on its Form D filed Mar 25, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SCP Figai LLC based?
SCP Figai LLC is based in New York, New York and is managed by Stelac Capital Partners LLC.
When did SCP Figai LLC launch?
SCP Figai LLC reports its first sale in Mar 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 53% of the 1,252 venture capital funds based in New York, and more than 69% of all 15,160 that report sales.