Form D · Venture Capital Fund

DERIVE VENTURES FUND I, LP

San Francisco, CA · CIK 0001914888

Offering snapshot reported Apr 18, 2024 · SEC filing

Reported sold: $18.6M
Investors reported: 24
Minimum accepted: $0
First sale: Jul 12, 2022

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$11,175,000 → $18,625,000
Reported investors9 → 24

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 18, 2024	Amendment	$18,625,000	$7,450,000vs Apr 19, 2023	24	SEC filing
Apr 19, 2023	Amendment	$11,175,000	No comparison	9	SEC filing
Jul 11, 2022	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-451844

Source: Form D, filed Apr 18, 2024. 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

DERIVE VENTURES FUND I, LP

Investment adviser: DERIVE VENTURES MANAGEMENT COMPANY, LLC

Gross asset value: $20.3M
Beneficial owners: 38
ADV minimum commitment: $250K

Reported in Form ADV on Mar 27, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator DBA CARTA, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian JPMORGAN CHASE BANK, NATIONAL ASSOCIATION NEWARK, Delaware, United States Related to adviser: No

Provider details

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

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
LEI 7H6GLXDRUGQFU57RNE97

Filing source

Form ADV 1935167 · Mar 27, 2025 · Schedule D 7.B.(1), fund 805-8554996900

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

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
Tyler Carrico	Promoter
General Partner Derive Ventures Gp I, Llc	Promoter
Michael Scott	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

2120 Union Street
San Francisco, CA, 94123