Usit Ac I, LP is a venture capital fund based in Coraopolis, Pennsylvania. According to its most recent Form D, filed Aug 24, 2026, it has sold $2,567,807 of interests to 6 investors since its first sale in Jul 2026. The minimum investment it accepts from an outside investor is $30,000. 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 Thomas Tull; US Innovative Technology GP, LLC.
- Total raised
- $2,567,807Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jul 7, 2026
- Minimum investment
- $30,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Tull; US Innovative Technology GP, LLC
- Latest Form D
- Aug 24, 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 Usit Ac I, LP
What is the minimum investment for Usit Ac I, LP?
According to its latest Form D, filed Aug 24, 2026, the minimum investment Usit Ac I, LP accepts from an outside investor is $30,000.
Who can invest in Usit Ac I, LP?
Usit Ac I, LP 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 Usit Ac I, LP raised?
Usit Ac I, LP reports $2,567,807 sold from 6 investors on its Form D filed Aug 24, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Usit Ac I, LP based?
Usit Ac I, LP is based in Coraopolis, Pennsylvania.
When did Usit Ac I, LP launch?
Usit Ac I, LP reports its first sale in Jul 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 63% of the 73 venture capital funds based in Pennsylvania, and more than 75% of all 15,160 that report sales.