Theory Forge Ventures, L.P. is a venture capital fund based in Tustin, California. According to its most recent Form D, filed Sep 12, 2025, it has sold $9,527,000 of interests to 41 investors since its first sale in Apr 2024. 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 Matthew Schlicht; Benjamin Parr.
- Total raised
- $9,527,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Apr 26, 2024
- 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
- Matthew Schlicht; Benjamin Parr
- Latest Form D
- Sep 12, 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 Theory Forge Ventures, L.P.
What is the minimum investment for Theory Forge Ventures, L.P.?
Theory Forge Ventures, L.P.'s latest Form D, filed Sep 12, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Theory Forge Ventures, L.P.?
Theory Forge Ventures, 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 Theory Forge Ventures, L.P. raised?
Theory Forge Ventures, L.P. reports $9,527,000 sold from 41 investors on its Form D filed Sep 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Theory Forge Ventures, L.P. based?
Theory Forge Ventures, L.P. is based in Tustin, California.
When did Theory Forge Ventures, L.P. launch?
Theory Forge Ventures, L.P. reports its first sale in Apr 2024, 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 2,272 venture capital funds based in California, and more than 87% of all 15,180 that report sales.