Highlights
- Flagstaff Ventures SPV I, LP has raised $3.53 million from 23 accredited investors against a $5 million target, per an SEC amendment filed Sept. 14.
- Managing Member Craig Weiss, former CEO of NJOY, runs the fund from 7895 E. Acoma Drive, Suite 102, in Scottsdale.
- The fund targets pre-seed and seed consumer companies; $1.47 million remains available at a $100,000 minimum investment.
- First sale dated Aug. 24, 2022, meaning the vehicle has been raising capital for roughly four years.
Flagstaff Ventures SPV I, LP, a Scottsdale-based venture vehicle targeting early-stage consumer companies, has raised $3.53 million of its $5 million offering, according to an amended Form D filed with the SEC on Sept. 14. The fund has 23 investors on board, all accredited, with $1.47 million still available at a $100,000 minimum.
The general partner of record is Flagstaff Ventures SPV I GP LLC, and Craig Weiss serves as managing member. Weiss founded Flagstaff Ventures after leading NJOY, the e-cigarette company, to a $1 billion valuation and raising $200 million in equity during his tenure as CEO, according to the firm's website.
The fund's address of record is 7895 E. Acoma Drive, Suite 102, Scottsdale, AZ 85260, the same building that houses Alcor Life Extension Foundation, the cryonics organization, on the south side of E. Acoma Drive at its intersection with N. 78th Way.
The offering's first sale date is Aug. 24, 2022, making this a vehicle that has been in the market for roughly four years. The Sept. 14 filing is an amendment to the original Form D, a standard update issuers file when material terms change or when they report additional capital raised. The fund is organized as a Delaware limited partnership.
Flagstaff Ventures describes its strategy as pre-seed and seed investment in consumer companies; the firm's website notes that women lead half of its portfolio companies. Partner Andy Richman rounds out the disclosed team, with a background spanning health tech, SaaS, fintech, and consumer products, per the firm's site.
The remaining $1.47 million in the offering is open; investors can reach the fund at (480) 201-8221.
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- SEC EDGAR retrieved 15/09/2026 07:23
- flagstaffventures.com retrieved 15/09/2026 07:23
- roadsideamerica.com retrieved 15/09/2026 07:23
Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 15/09/2026 07:23. Every claim traces to a source.
