Form D · Venture Capital Fund

Avalon Ventures XI, L.P.

La Jolla, CA · CIK 0001652901

Offering snapshot reported Sep 13, 2016 · SEC filing

Reported sold: $117M
Investors reported: 28
Minimum accepted: $175K
First sale: Sep 2, 2015

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$103,525,000 → $116,525,000
Reported investors26 → 28

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 13, 2016	Amendment	$116,525,000	$13,000,000vs Sep 11, 2015	28	SEC filing
Sep 11, 2015	Initial	$103,525,000	No comparison	26	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-247446

Source: Form D, filed Sep 13, 2016. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

AVALON VENTURES XI, L.P.

Investment adviser: AVALON VENTURES MANAGEMENT, LLC

Gross asset value: $67.3M
Beneficial owners: 28
ADV minimum commitment: $175K

Reported in Form ADV on Mar 24, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor BDO USA, LLP SAN DIEGO, California, United States

Custodian BANC OF CALIFORNIA SAN DIEGO, California, United States Related to adviser: No

Custodian ESHARES, INC. PALO ALTO, California, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian WELLS FARGO CLEARING SERVICES, LLC ST LOUIS, Missouri, United States Related to adviser: No

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

BDO USA, LLP
PCAOB 243

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

WELLS FARGO CLEARING SERVICES, LLC
SEC 8-37180

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

Filing source

Form ADV 2078357 · Mar 24, 2026 · Schedule D 7.B.(1), fund 805-2635722300

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Avalon Ventures IX, L.P.	Jul 19, 2010	$118,125,000	16
Avalon Ventures X, L.P.	Aug 30, 2012	$201,632,653	27
Avalon Ventures XI, L.P. (this fund)	Sep 13, 2016	$116,525,000	28

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Braden M. Bohrmann	Promoter
Kevin J. Kinsella	Promoter
Richard W. Levandov	Promoter
Jay M. Lichter	Promoter
Tighe Reardon	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1134 Kline Street
La Jolla, CA, 92037