SEC Filing Record

Offering Amount

$1.1M

Strategy

VC

Exemption

06b

Date Filed

Jun 10, 2026

0002093087-26-000001

View on SEC EDGAR →

37A Read

The two-GP structure with no disclosed feeder, blocker, or parallel vehicles indicates a straightforward fund entity rather than a continuation or re-up of a prior series; the absence of prior EDGAR filings from this manager means this is a debut institutional raise, not a follow-on to an existing fund family.

Alexis Ohanian's entry into a formal $1M venture fund filing signals a transition from founder/operator or angel investing into structured LP management, and the co-GP arrangement suggests either a partnership with an operating partner or a division of responsibilities between capital sourcing and deal execution.

A mid-2026 filing for a $1M vehicle during a period of LP reallocation toward founder-led or operator-backed micro-funds reflects momentum in the emerging-manager and sub-$5M VC space, where category-specific networks and founder credibility can substitute for traditional AUM history.

Before engagement, LPs should clarify whether the $1M target is a true closing goal or a placeholder, verify the terms of any key-man clause tied to Alexis Ohanian specifically, and confirm whether the 06b exemption restriction will limit future LP additions or lock the investor base to pre-existing relationships only.

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Principals

Registered Manager

776 Fund GP III, LLC

General Partners & Executives

Alexis Ohanian

776 Fund 1956 Stockholm, L.P.