AltMountain

Sofinnova Venture Partners XI, L.P.

Menlo Park, CA · CIK 1882303
Status: no Form D since Sep 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Sofinnova Venture Partners XI, L.P. is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Sep 11, 2023, it has sold $500,000,000 of interests to 50 investors since its first sale in Sep 2021. 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. Related persons named in the filing include Maha Katabi; James Healy.

Total raised
$500,000,000Cumulative sales reported on Form D
Investors
50
First sale
Sep 10, 2021
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
Maha Katabi; James Healy
Latest Form D
Sep 11, 2023

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

Track record reported by a public pension

VintageFundTVPINet IRRDPI
2011Sofinnova Venture Partners VIII *1.66x21.9%1.66x
2007Sofinnova Venture Partners VII *1.71x14.7%1.71x

Returns of funds in this family as reported by Oregon PERS for its own investments, as of Jun 30, 2026, net of fees. Matched by fund name, so a fund listed here may be a related vehicle rather than this exact fund. Funds under about three years old are often not meaningful (n.m.). The pension cautions that these figures do not reflect expected future returns and should not be used to compare funds. * Stake sold by the pension in the secondary market. Source report ↗ · What TVPI, IRR and DPI mean

Questions about Sofinnova Venture Partners XI, L.P.

What is the minimum investment for Sofinnova Venture Partners XI, L.P.?

Sofinnova Venture Partners XI, L.P.'s latest Form D, filed Sep 11, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Sofinnova Venture Partners XI, L.P.?

Sofinnova Venture Partners XI, 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 Sofinnova Venture Partners XI, L.P. raised?

Sofinnova Venture Partners XI, L.P. reports $500,000,000 sold from 50 investors on its Form D filed Sep 11, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Sofinnova Venture Partners XI, L.P. based?

Sofinnova Venture Partners XI, L.P. is based in Menlo Park, California.

When did Sofinnova Venture Partners XI, L.P. launch?

Sofinnova Venture Partners XI, L.P. reports its first sale in Sep 2021.

Size compared with every venture capital fund

Raised more than 99% of the 2,193 venture capital funds based in California, and more than 100% of all 14,732 that report sales.

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