What is a non-qualifying venture investment?

Venture exemption requires that no more than 20% of the fund’s cumulative capital contributions and uncalled capital commitments should be invested in non-qualifying venture investments. Typically non-qualifying investments include buying stocks in secondary sales and investments in other funds.

Where can I find how much I have to invest now?

On the Overview page as well as the Investments page in your Fund Dashboard, you can find how much you have to invest now.

How do I invest in a Sponsor(GP)?

If you agree to the terms of investment with a particular sponsor(GP) or Owner Vehicle, you can start your investment by clicking the Make Investment button on the Capital Crowdfunding Network page in your Dashboard. Lilypads will review the deal within 12 hours and will notify you via email when your investment is approved.


After you receive the approval email, Lilypads will connect with the Sponsor(GP) or Owner Vehicle. Lilypads signs the investment documents on your behalf and triggers the Wire transfer to the Sponsor (GP) or Owner Vehicle. Meanwhile, you can also get a direct insight into the pipeline, on the Investments page in your fund Dashboard.

How can I see whether my investment into a Sponsor (GP) is complete?

You can find the directory of your past investments on the Investments page of your INP. You will find the most recent investments at the top of the list. Here you can see whether your investment is complete or pending.

 Where can I find the details of my past investments?

You can find the directory of your past investments in the Investments Network profile of your Fund Dashboard. You will find the most recent investments at the top of the list. When you click into an investment, you will gain more information including terms, Co-Investors, and notes on the Vehicle. If an investment is still pending you will see a Pending badge.

This help page and the information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction.

Investing in venture capital funds is inherently risky and illiquid. It involves a high degree of risk and is suitable only for sophisticated and qualified investors.