SU-0819 Fund I, a series of Platform Funds 2026, LP, has announced a new offering under SEC Rule 506(b), which allows private offerings to be conducted under certain conditions. This filing is significant as it marks the fund's entry into the venture capital arena, potentially impacting its fundraising strategies and investor engagement.
The company, SU-0819 Fund I, is classified as a pooled investment fund and is based in Lynnwood, Washington. It was incorporated in Delaware in 2026. The fund has no publicly traded ticker symbols or exchanges associated with it, and it operates under the SEC Act of 1933.
According to the filing dated October 19, 2026, the fund has successfully raised a total of $91,871, with all of this amount sold to date. The minimum investment accepted is set at $1,000. The filing states, "This amount represents the dollar value of a one-time fee paid to the fund administrator and/or its affiliates to cover administrative expenses for the life of the fund." This indicates a structured approach to managing the fund's operational costs.
The filing also highlights that there are currently 27 investors involved in the fund, and it has not accepted any non-accredited investors. This could suggest a focus on a more exclusive investor base, which is common in venture capital funding.
Details were not available in the SEC filing regarding future plans or additional fundraising efforts. However, the successful completion of this offering may set the stage for further activities in the venture capital space.