AltMountain

True Ventures Select V, L.P.

Palo Alto, CA · CIK 2085739 · Managed by True Ventures
506(c)

True Ventures Select V, L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Sep 4, 2026, it has sold $56,100,000 of interests to 21 investors since its first sale in Sep 2025. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Philip Black; Jonathan Callaghan; Puneet Agarwal.

Total raised
$56,100,000Cumulative sales reported on Form D
Investors
21
First sale
Sep 15, 2025
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Philip Black; Jonathan Callaghan; Puneet Agarwal
Latest Form D
Sep 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 True Ventures Select V, L.P.

What is the minimum investment for True Ventures Select V, L.P.?

True Ventures Select V, L.P.'s latest Form D, filed Sep 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in True Ventures Select V, L.P.?

True Ventures Select V, 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(c), so it may advertise, but every investor must be verified as accredited.

How much has True Ventures Select V, L.P. raised?

True Ventures Select V, L.P. reports $56,100,000 sold from 21 investors on its Form D filed Sep 4, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is True Ventures Select V, L.P. based?

True Ventures Select V, L.P. is based in Palo Alto, California and is managed by True Ventures.

When did True Ventures Select V, L.P. launch?

True Ventures Select V, L.P. reports its first sale in Sep 2025.

Size compared with every venture capital fund

Raised more than 91% of the 2,268 venture capital funds based in California, and more than 96% of all 15,160 that report sales.

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