Form D · Venture Capital Fund

Sofinnova Venture Partners XI, L.P.

Menlo Park, CA · CIK 0001882303

Offering snapshot reported Sep 11, 2023 · SEC filing

Reported sold: $500M
Investors reported: 50
Minimum accepted: $0
First sale: Sep 10, 2021

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$485,729,591 → $500,000,000
Reported investors44 → 50

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 11, 2023	Amendment	$500,000,000	$14,270,409vs Feb 22, 2022	50	SEC filing
Feb 22, 2022	Amendment	$485,729,591	No comparison	44	SEC filing
Sep 10, 2021	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $2.87M (estimated)
Finders' fees: $0
Form D file number: 021-412971

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Citi Private Advisory, LLC	153777
Citigroup Global Markets Inc.	7059
Citibank, N.A.	None

Source: Form D, filed Sep 11, 2023. 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

SOFINNOVA VENTURE PARTNERS XI, L.P.

Investment adviser: SOFINNOVA INVESTMENTS, INC.

Gross asset value: $309M
Beneficial owners: 52
ADV minimum commitment: $500K

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator JPMORGAN HEDGEFUND SERVICES, A DIVISION OF JPMORGAN CHASE BANK NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

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

Custodian COMPUTERSHARE TRUST COMPANY, N.A. PROVIDENCE, Rhode Island, United States Related to adviser: No

Custodian EQUINITI TRUST COMPANY, LLC NEWARK, New Jersey, United States Related to adviser: No

Custodian J.P. MORGAN CHASE BANK, N.A. COLUMBUS, Ohio, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC BOSTON, Massachusetts, United States Related to adviser: No

Custodian SILICON VALLEY BANK, PRIVATE EQUITY SERVICES MENLO PARK, California, United States Related to adviser: No

Marketer CITIBANK CANADA INVESTMENT FUNDS LIMITED TORONTO, Canada Related to adviser: No

Marketer CITIBANK, N.A NEW YORK, New York, United States Related to adviser: No

Marketer CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States Related to adviser: No

Marketer CITI PRIVATE ALTERNATIVES, LLC NEW YORK, New York, United States Related to adviser: No

Provider details

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

BDO USA, LLP
PCAOB 243

EQUINITI TRUST COMPANY, LLC
LEI 213800YI5RL9BRL4V892

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 801-3387

CITI PRIVATE ALTERNATIVES, LLC
CRD 153777 · SEC 8-69789

Filing source

Form ADV 2075659 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-2545304640

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
Sarah Bhagat	Executive
James I Healy	Executive
Maha Katabi	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

3000 Sand Hill Road, 4 250
Menlo Park, CA, 94025