Picture Capital Leaders
SEC Form D filer · Oakland
Picture Capital Leaders filed an SEC Form D on November 6, 2026 for Picture Capital Leaders Fund I, L.P., stating a total offering of $18M. The Picture Capital Leaders filing is under SEC CIK 2162252 and lists an address in Oakland, US. The filing names Picture Capital Leaders Fund I GP, L.P., Picture Capital Leaders Fund I UGP, LLC and Rakesh Loonkar as related persons and reports $18M sold. As of November 6, 2026, DryPowder has not verified the Picture Capital Leaders thesis, check size or partners; this page shows only what the public filing says.
Updated · Source: SEC EDGAR
Filing facts FORM D
- Issuer on the filing
- Picture Capital Leaders Fund I, L.P.
- Firm
- Picture Capital Leaders
- SEC CIK
- 2162252
- Accession number
- 0002162252-26-000001
- Form type
- D (new offering)
- Filed with the SEC
- Total offering amount
- $18M
- Address on filing
- Oakland, US
- Fund type on the filing
- Venture Capital Fund
- Organized
- Delaware, 2026
- Exemptions claimed
- Rule 506(b); Investment Company Act 3(c)(7), qualified purchasers only
- Date of first sale
- Nov 3, 2026
- Amount sold at filing
- $18M
- Investors at filing
- 2
- Partners
- Partner contacts appear once the profile is verified; the people the filing names are listed below.
People named on the filing FORM D
Related persons listed on the Form D: the executive officers, directors and promoters of the issuer or its general partner.
- Picture Capital Leaders Fund I GP, L.P. · Executive Officer, The general partner of the Issuer (the "General Partner")
- Picture Capital Leaders Fund I UGP, LLC · Executive Officer, The general partner of the General Partner (the "Ultimate GP")
- Rakesh Loonkar · Executive Officer, Managing Member of the Ultimate GP
- Michael Fey · Executive Officer, Managing Member of the Ultimate GP
- Dan Amiga · Executive Officer, Managing Member of the Ultimate GP
- Michael Boodaei · Executive Officer, Managing Member of the Ultimate GP
What this Form D tells a founder
A Form D is the notice a private fund files with the U.S. Securities and Exchange Commission when it sells interests under Regulation D. Venture firms file one for each new fund vehicle, usually within 15 days of the first sale to an investor, so a fresh filing is one of the earliest public signs that a firm is raising or has raised new capital.
The Picture Capital Leaders filing on November 6, 2026 states a total offering of $18M. The stated amount is the target the fund may raise, not money already committed, and the filing does not name the companies the fund will back or the size of its checks.
DryPowder reads every venture Form D from SEC EDGAR, drops single-deal SPVs, and ties each filing to the firm behind it. Once DryPowder verifies the Picture Capital Leaders website, stage, check size and partners, this page becomes a full profile.
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Sources
- SEC EDGAR: Form D, Picture Capital Leaders Fund I, L.P., filed
- Method: How DryPowder builds its data
Updated