Tenacity Capital Fund I, LP is a venture capital fund based in Portola Valley, California. According to its most recent Form D, filed Mar 27, 2026, it has sold $13,960,000 of interests to 52 investors since its first sale in Oct 2025. 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(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 None Tenacity Capital Fund I GP, LLC; Alexander Tennant; None Tenacity Capital, LLC.
- Total raised
- $13,960,000Cumulative sales reported on Form D
- Investors
- 52
- First sale
- Oct 31, 2025
- Minimum investment
- None set
- 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
- None Tenacity Capital Fund I GP, LLC; Alexander Tennant; None Tenacity Capital, LLC
- Latest Form D
- Mar 27, 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 Tenacity Capital Fund I, LP
What is the minimum investment for Tenacity Capital Fund I, LP?
Tenacity Capital Fund I, LP's latest Form D, filed Mar 27, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Tenacity Capital Fund I, LP?
Tenacity Capital 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(b), which does not allow general advertising.
How much has Tenacity Capital Fund I, LP raised?
Tenacity Capital Fund I, LP reports $13,960,000 sold from 52 investors on its Form D filed Mar 27, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Tenacity Capital Fund I, LP based?
Tenacity Capital Fund I, LP is based in Portola Valley, California.
When did Tenacity Capital Fund I, LP launch?
Tenacity Capital Fund I, LP reports its first sale in Oct 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 79% of the 2,268 venture capital funds based in California, and more than 90% of all 15,160 that report sales.