Venture

Valar Fund VII LP

Sold $863M 2021-11-22

Venture Capital Fund · adviser (attributed) Founders Fund LLC

  • CIK 1841045
  • File 021-386715
  • State NY
  • 506(b)
  • 3(c)(7)
Sought
$863M
Form D target
Sold so far
$863M
100% of sought · 2021-11-22
Investors
166
reported
Minimum investment
$0
no minimum, as filed

Connected

from Form D 021-386715

Fund size — sought vs sold

$863M of $863M
$863M sold · 100%$863M sought

Facts

As its latest Form D states them

Fund type
Venture Capital Fund
Adviser (attributed)
Founders Fund LLC
State
New York (NY)
Exemptions
Rule 506(b); Investment Company Act Section 3(c)(7)
First filed
2021-01-19
Latest filing
2021-11-22
First sale
2021-03-25
Filings
2 Form D

People

Named in Item 3 of its latest Form D, filed 2021-11-22

Related persons
NameRelationshipClarification
Valar GP VII LLCRelationshipPromoterClarificationGeneral Partner of Issuer
James FitzgeraldRelationshipDirectorClarificationManaging Member of General Partner of Issuer
Andrew McCormackRelationshipDirectorClarificationManaging Member of General Partner of Issuer

Sales compensation

Named in Item 12 of its Form D filings

Sales compensation recipients
RecipientCRDBroker-dealerOfferings
Astir Capital Advisors LTDCRD—Broker-dealer—Offerings1
Mercury Capital Advisors, LLCCRD152338Broker-dealer—Offerings1

Amendments

amount sold · by filing date
2021-11-22 · $863M
  1. 2021-01-19$0D · 0 inv.
  2. 2021-11-22$863MD/A · 166 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($863M)

The other funds of Founders Fund LLC (75 on Form ADV) and every Form D as filedSee plans

A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.

  • The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
  • Where co-filings link it, the startups this fund backed
  • Every Form D and amendment as filed, with what each one stated
  • Everyone its filings name, linked to their other funds and companies

Part of the Venture plan — $140/mo at launch pricing ($350 list)

See plans

External link: SEC Filings ↗