SMS - Allocate Access, L.P.
SMS - Allocate Access, L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jun 4, 2026, it has sold $9,500,000 of interests to 4 investors since its first sale in May 2026. 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(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 Owen Niland; Allocate Master GP 2026, LLC; Allocate Management Company, LLC.
- Total raised
- $9,500,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 29, 2026
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Owen Niland; Allocate Master GP 2026, LLC; Allocate Management Company, LLC
- Latest Form D
- Jun 4, 2026
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 SMS - Allocate Access, L.P.
What is the minimum investment for SMS - Allocate Access, L.P.?
SMS - Allocate Access, L.P.'s latest Form D, filed Jun 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SMS - Allocate Access, L.P.?
SMS - Allocate Access, L.P. 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 SMS - Allocate Access, L.P. raised?
SMS - Allocate Access, L.P. reports $9,500,000 sold from 4 investors on its Form D filed Jun 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is SMS - Allocate Access, L.P. based?
SMS - Allocate Access, L.P. is based in Palo Alto, California and is managed by Allocate Management Company, LLC.
When did SMS - Allocate Access, L.P. launch?
SMS - Allocate Access, L.P. reports its first sale in May 2026, 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 74% of the 2,268 venture capital funds based in California, and more than 87% of all 15,160 that report sales.