Form D · Venture Capital Fund

OBVIOUS VENTURES I, L.P.

San Francisco, CA · CIK 0001610988

Offering snapshot reported May 21, 2015 · SEC filing

Reported sold: $123M
Investors reported: 22
Minimum accepted: $0
First sale: Jul 16, 2014

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$77,700,000 → $123,456,789
Reported investors2 → 22

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
May 21, 2015	Amendment	$123,456,789	$45,756,789vs Mar 13, 2015	22	SEC filing
Mar 13, 2015	Amendment	$77,700,000	No comparison	2	SEC filing
Jun 17, 2014	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

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

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-219302

Source: Form D, filed May 21, 2015. 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

OBVIOUS VENTURES I, L.P.

Investment adviser: OBVIOUS MANAGEMENT SERVICES LLC

Gross asset value: $118M
Beneficial owners: 23
ADV minimum commitment: $0

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

Service providers

Fund administrator ADURO ADVISORS LLC SUNOL, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor FRANK, RIMERMAN + CO. LLP PALO ALTO, California, United States

Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No

Provider details

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

FRANK, RIMERMAN + CO. LLP
PCAOB 1596

FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66

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

Filing source

Form ADV 2069590 · Mar 24, 2026 · Schedule D 7.B.(1), fund 805-9476252704

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
OBVIOUS VENTURES I, L.P. (this fund)	May 21, 2015	$123,456,789	22
OBVIOUS VENTURES II, L.P.	May 10, 2017	$191,919,191	54
OBVIOUS VENTURES III, L.P.	Jan 13, 2020	$271,828,182	97
Obvious Ventures IV, L.P.	Jan 27, 2022	Yet to sell	0
Obvious Ventures V, L.P.	Feb 25, 2025	Yet to sell	0

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
General Partner Obvious Ventures Management, L.L.C.	Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

760 Market Street 9 Th Floor
San Francisco, CA, 94102