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One investment, broad exposure to private tech — starting at $500.",{"dimensions":19,"alt":22,"copyright":5,"url":23,"id":24,"edit":25},{"width":20,"height":21},1200,630,"USVC Preview","https://images.prismic.io/usvc/aejJGMBOoF08xNa5_primary-preview.png?auto=format,compress&rect=0,23,1200,630&w=1200&h=630","aejJGMBOoF08xNa5",{"x":26,"y":27,"zoom":28,"background":29},0,23,1,"transparent",{},"USVC | Portfolio",{"dimensions":33,"alt":5,"copyright":5,"url":34,"id":35,"edit":36},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-NcBOoF08xJ3g_portfolio.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-NcBOoF08xJ3g",{"x":37,"y":26,"zoom":28,"background":29},2,"USVC | About",{"dimensions":40,"alt":5,"copyright":5,"url":41,"id":42,"edit":43},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-M8BOoF08xJ3e_about.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-M8BOoF08xJ3e",{"x":37,"y":26,"zoom":28,"background":29},"USVC | Contact Us",{"dimensions":46,"alt":5,"copyright":5,"url":47,"id":48,"edit":49},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-OMBOoF08xJ3j_contact-us.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-OMBOoF08xJ3j",{"x":37,"y":26,"zoom":28,"background":29},"USVC | Fund Docs & Prospectus",{"dimensions":52,"alt":5,"copyright":5,"url":53,"id":54,"edit":55},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-N8BOoF08xJ3h_fund-docs-and-prospectus.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-N8BOoF08xJ3h",{"x":37,"y":26,"zoom":28,"background":29},"USVC | Net Asset Value",{"dimensions":58,"alt":5,"copyright":5,"url":59,"id":60,"edit":61},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-N8BOoF08xJ3i_net-asset-value.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-N8BOoF08xJ3i",{"x":37,"y":26,"zoom":28,"background":29},{"dimensions":63,"alt":5,"copyright":5,"url":64,"id":65,"edit":66},{"width":20,"height":21},"https://images.prismic.io/usvc/aea-NMBOoF08xJ3f_policies.png?auto=format,compress&rect=2,0,1196,628&w=1200&h=630","aea-NMBOoF08xJ3f",{"x":37,"y":26,"zoom":28,"background":29},[68,94,115],{"id":69,"uid":5,"url":5,"type":70,"href":71,"tags":72,"first_publication_date":73,"last_publication_date":74,"slugs":75,"linked_documents":77,"lang":13,"alternate_languages":78,"data":79},"abk0RBAAAB8AsxXM","legal","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22abk0RBAAAB8AsxXM%22%29+%5D%5D",[],"2026-03-17T11:01:54+0000","2026-04-20T22:03:32+0000",[76],"privacy-policy",[],[],{"slug":76,"page_title":80,"page_subtitle":86,"markdown_content":87,"slices":92,"meta_title":5,"meta_description":5,"meta_image":93},[81],{"type":82,"text":83,"spans":84,"direction":85},"heading2","Privacy Policy",[],"ltr","Last Updated September 22, 2025",[88],{"type":89,"text":90,"spans":91,"direction":85},"preformatted","# Privacy Policy\n\n## Overview\n\nYour privacy matters to us. This Privacy Policy (**\"Privacy Policy\"**) explains personal information that USVC Venture Capital Access Fund, a Delaware statutory trust registered under the Investment Company Act of 1940, as amended (the **\"Company\"**), collects about you when you access or use any of our Site or Services or interact with us in response to an email or other outreach from us or through any third-party application process. This Privacy Policy also explains how we may use or disclose personal information that we collect about you.\n\nThis Privacy Policy applies to you whenever you access or use any of our Site or Services, download anything from our Site, or interact with us in response to an email, request for information, or other outreach from us or through any third-party application process. This Privacy Policy does not govern information you choose to exchange directly with other Users of the Site, as we have no direct control over the collection or use of that information. Please use appropriate precautions in sharing your information with such Users.\n\nIn addition to this Privacy Policy, your relationship with the Company is also governed by our Terms of Service and transaction documents you may enter into in connection with making an investment through the Site. You should carefully review those documents and the Terms of Service. If you do not understand or agree with the terms of this Privacy Policy and the Terms of Service, please do not access or use any of the Site or Services.\n\n### Some Definitions\n\nThe following are definitions for some terms used in this Privacy Policy:\n\n- ***\"Affiliate\"*** means an entity that controls, is controlled by, or is under common control with the Company, whether the control results from equity ownership, contract, overlapping management, or otherwise.\n- ***\"Content\"*** refers to all text, images, photographs, graphics, logos, illustrations, descriptions, data, tools, features, pages, and other materials provided on the Site, as well as the selection, assembly, arrangement, \"look and feel,\" and design of our Site.\n- ***\"We,\" \"us,\"*** and ***\"our\"*** refer to the Company and its Affiliates.\n- ***\"Site\"*** refers to, together and collectively, the domains and subdomains of our website at www.usvc.com.\n- ***\"Services\"*** refers to the Content, products, or services offered on or through the Site.\n- ***\"User\"*** means anyone who accesses and/or uses any of our Site or Services.\n\n### Your Consent\n\nBy using or accessing any of our Site or Services, downloading anything from our Site, or interacting with us in response to an email, request for information, or other outreach from us or through any third-party application process, you agree to the terms of this Privacy Policy and consent to the collection, use, and sharing of your personal information subject to and consistent with the terms of this Privacy Policy and applicable laws and other notices you may receive from us. If you do not understand or do not agree with the terms of this Privacy Policy, please do not use the Site. We may also ask you to indicate your consent more formally by checking a box or by taking an affirmative action within the Site. If you have any questions or concerns regarding this Privacy Policy, you should contact us at privacy@usvc.com.\n\n### Changes to this Policy\n\nThis Privacy Policy is subject to change. When we make a change to the Privacy Policy, we will post the most current version of the policy here. Each time you visit any of our Site or Services, download anything from our Site, or interact with us in response to an email, request for information, or other outreach from us or through any authorized third-party application process, the most current version of our Privacy Policy will apply.\n\n## Information We Collect\n\nTo help us to provide Services, we collect personal information about you through several means.\n\n### How We Collect Personal Information\n\n*Direct means.* We collect personal information from you directly by asking you for it when you open an account or in other instances when you contact us or access or use any of our Site or Services. In fact, various laws require that we collect some of the kinds of personal information we ask for, such as anti-fraud/anti-money laundering laws, and \"Know Your Customer\" obligations. In addition to personal information that we are required to obtain from you by law, we may ask you for other personal information that you can choose, at your option, to provide or withhold, and any such information provided will be subject to this Privacy Policy.\n\n*Automatic or passive means.* Whenever you visit, use, access, or interact with any of our Site or Services, we use \"cookies\" and tracking technologies to collect data about you and your activities on our Site or use of our Services automatically or passively. These cookies help us better understand how our users navigate through our Site, learn what content is being viewed, and administer and improve our Site. Cookies are small text files that web servers place on an internet user's computer or mobile device that are designed to store basic information and to recognize your browser or mobile device.\n\n*Third-party sources.* We may obtain information about you from various third parties, including: (1) service providers we engage to conduct certain functions on our behalf, such as to verify the identities of the Users of our Services or Site; (2) analytics providers, who we use to assist us to better understand who is using our Site and Services; and (3) advertising, social media, and market research providers and partners whom we engage or with whom we partner for advertising, social media, or market research services, as well as for referral purposes.\n\n### Types of Information We Collect\n\n#### Personal Information\n\nThe type of personal information we collect from and about you online will depend on how you interact with us, including which parts of our Site and Services you use or access. The personal information we collect from or about you may include, but may not be limited to, the following:\n\n- Your name, residential and business address, email address, citizenship, telephone number, Social Security Number, date of birth, employment status, and employer.\n- Copies of your correspondence via email, phone, or social media, if you contact us.\n- Information needed to grant us access to your accounts on third-party websites or applications (\"Third-Party Site\"). The personal information collected from the Third-Party Site may be used to register your User account and to provide some of our services.\n- Your username and password.\n- Information that is about you individually but that does not identify you, such as your investment history and experience, investment portfolio, and your educational or professional history.\n\nIf you decide to register through or otherwise grant access to a third party social networking or authentication service that we may make available, such as Apple, Facebook, LinkedIn, or Google, (generally, our \"Integrated Service Provider\"), we will collect certain personal information that you have provided to the Integrated Service Provider (such as your name, email address, photo, and other information you make available via the Integrated Service Provider) and an authentication token from the Integrated Service Provider. The personal information collected from the Integrated Service Provider may be used to register you on our Site and to provide some of the features we offer. You may revoke our access to your account with the Integrated Service Provider at any time by updating the appropriate settings in the account preferences of the respective Integrated Service Provider. You understand that certain features of our platform may not be available to you if you choose to remove our access to your account with the Integrated Service Provider.\n\n#### Personal Financial Information\n\nWhen you subscribe to make an investment in one of the offerings available on the Site, you will again be asked for personal information. To help facilitate the subscription process, you will also be required to provide personal financial information. If you choose to invest through our Site, we may collect information including, but not limited to:\n\n- Financial information, including your social security number, income, and net worth.\n- Information to confirm your place of residence.\n- Information about your bank accounts or other sources of payment.\n- Information to confirm your relationship with other parties associated with the Site or our Services.\n- Your investment experience, objectives, and preferences.\n- Access credentials you establish to receive our Services or access our Site.\n- Information about your relationship to or ownership in any entity that uses our Services.\n- Your preferences for receiving, and how you engage with, our marketing communications.\n\n#### Non-Identifiable Information and Aggregated Personal Information\n\nWe or our Integrated Service Providers may automatically collect certain information when you access or interact with our Site or Services, including, but limited to: (1) Your IP address or other unique identifier from the computer, mobile device, tablet, or other device you use to access any of our Site or Services; (2) the computer or other device type you use to access or use our Site or Services, the type of browser on the device, the browser's settings, and the device's operating system, software, and hardware; (3) your mobile device's unique mobile platform advertising identifier, if you access any of our Site or Services from a mobile device; and (4) information about your interaction with our Site or Services, such as: The date and time of your visit to the Site; the number of times you visit our Site; the areas, pages, and features of or on our Site you visit or use; the amount of time you spend viewing or using the Site or particular areas of them; emails that you open, forward, or click-through to our Site; and other websites you may visit from our Site.\n\nWe or our Integrated Service Providers collect this information through the use of \"cookies\" and other technologies to better understand how our users navigate through our Site, learn what content is being viewed, and administer and improve our Site. We may use Google Analytics cookies for data analytics purposes. You can find more information on how Google uses data from these cookies at [www.google.com/policies/privacy/partners/](https://www.google.com/policies/privacy/partners/).\n\nYou may stop or restrict the placement of our cookies, Google's cookies, and third-party cookies on your computer, device, or mobile phone by adjusting your web browser preferences or a \"Do Not Track\" setting in your web browser or by activating the appropriate setting on your mobile phone. You can also restrict marketing cookies by rejecting cookies on the website. If you do so, you may still use our Site, but this may interfere with some of its functionality.\n\nYou may also clear cookies from your computer or device via your web browser settings. You may also wish to use a Google Analytics opt-out web browser add-on. Information on this option is available at: [http://support.google.com/analytics/bin/answer.py?hl=en&answer=2700409](https://support.google.com/analytics/bin/answer.py?hl=en&answer=2700409).\n\nWe may compile personal and other information on an aggregate basis that does not identify you individually. This information could include, without limitation, the number of Users who have registered to use our platform, demographic information about Users of our platform, and individual purchase preferences. We may use aggregate information and share aggregate information with third parties for any of the purposes specified in this Privacy Policy, and for any other lawful purpose.\n\nWe may also collect personal information associated with feedback and correspondence from or with you, such as information you provide when you request information from us or otherwise correspond with us, including our Site or via social networking sites or services.\n\n#### Biometric Information\n\nIf you choose to set up biometrics for logging into our Site, we may collect \"Biometric Information\" from you in order to use functionalities such as Face ID or Touch ID. Biometric Information means:\n\n- An individual's physiological, biological, or behavioral characteristics that can be used, singly or in combination with each other or with other identifying data, to establish individual identity.\n- Imagery of the iris, retina, fingerprint, face, hand, palm, vein patterns, and voice recordings, from which we establish an identifier template, such as a faceprint, a minutiae template, or a voiceprint, and keystroke patterns or rhythms, gait patterns or rhythms, and sleep, health, or exercise data that contain identifying information.\n\n### Combining Information\n\nWe may take personal information we collect from or about you directly and combine that with other information, including personal information we obtain about you from third-party sources or that we automatically collect about you through our Site or Services.\n\n## How We Use Personal Information We Collect\n\nWe use personal information that we collect from or about you to:\n\n- Deliver our Services to you.\n- Meet and enforce legal requirements, including ones pertaining to the determination of your eligibility to invest, identity verification, and \"Know Your Customer\" protocols.\n- Protect against, investigate, and deter fraudulent, unauthorized, and illegal activity.\n- Personalize your experience on our Site or when engaging with us.\n- Provide advertising, including targeted advertising, in order to promote our Services.\n- Perform analytics about your access and use of our Site or Services and advertisements.\n- On a de-identified, aggregated basis, analyze how you use the Services to help us understand traffic patterns and know if there are problems with the Services or areas in which we can improve.\n- Communicate with you, such as through email or text messages, in order to provide you with information and updates about us and our Services, and to respond to your comments and questions.\n\n## With Whom We Share Personal Information We Collect\n\nWithout your consent, we do not rent, sell, or share personal information with unrelated third parties, except as necessary to complete a transaction or provide a service you have requested, or as provided in this Privacy Policy.\n\n### Third Parties with Whom We Share Personal Information\n\nWe use third parties to perform services for the Site. Each of these parties will need some of your personal and/or financial information to perform their services. Subject to the terms of this Privacy Policy and applicable law, we may share personal information we collect from or about you with the following categories of third parties:\n\n- The issuers you invest in.\n- Our Affiliates. We may provide information to one or more of our Affiliates. All of our Affiliates will also be bound by the terms of this Privacy Policy. Please see 'Opting Out of Sharing Information with Affiliated and Non-Affiliated Third Parties for Marketing Purposes' below for more information on how to opt out.\n- Government agencies, as required by laws and regulations.\n- Third-Parties. We utilize third-party businesses in some instances to assist us in delivering the Services, which may include payment processors, escrow agents, registered broker-dealers, custodians, transfer agents, and other regulated intermediaries. We may share your personal information with them because they may require us to or we may need to do so to facilitate the work they do for us.\n- Our service providers. We work with various third-party service providers, including database administrators, cloud computing services, advertising services, data analysts, identity verification services, accountants, auditors, and payment processors. We may provide your personal information to them to the extent required by law, required or needed to fulfill our obligations to you, or required or needed by such service provider to perform their service.\n\n### Other Instances in Which We Share Information with Third Parties\n\nIn addition to the third parties described above, we may transfer personal information we collect from or about you to a third party:\n\n- *In the event of a change of control.* If our Company is sold, or otherwise bought in the event of a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of our Company's assets, whether as a going concern or as a part of bankruptcy, liquidation, or similar proceeding, in which personal information held by our Company about our Users is among the assets transferred, all information will be transferred to our successor. Should such a change of control occur, we will use reasonable efforts to try to require the transferee to use personal information we have collected in a manner consistent with this Privacy Policy; or,\n- *To meet legal obligations or for protection.* We may also transfer your personal information to a third party when required by law or to respond to legal process or as necessary to protect our customers, lives, the security of our Services, or our rights or property.\n- The manner in which partners, service providers, and other third parties with whom we share or disclose your information use such information is governed by the policies of those third parties, and we shall have no liability or responsibility for their privacy practices or other actions. Generally, you can easily recognize when one of our partners is associated with a service. However, certain parties may provide services anonymously, and, in that case, we will only share information that is directly related to the applicable service(s).\n\n### Aggregated / De-identified Information\n\nCollected personal information may be aggregated and/or de-identified (in which any details that identify you personally have been removed). We may share this aggregated and/or de-identified information with third party providers to help deliver products, services, and content that are better tailored to the Users of our Site or Services and for our own business purposes where permissible under applicable law.\n\n## How We Safeguard Personal Information We Collect\n\nYour account with us is protected by a password for your privacy and security. You must prevent unauthorized access to your account and personal information by selecting and protecting your password and/or other sign-on mechanism appropriately and limiting access to your computer or device and browser, including by signing off after you have finished accessing your account.\n\nWe are committed to safeguarding the confidentiality of your information but cannot guarantee the security of your information. We provide physical, electronic, and procedural safeguards to protect information we process and maintain. For example, we (1) encrypt any information we store, (2) transmit information via HTTPS, and (3) limit access to this information to (a) authorized employees and contractors who need to know that information in order to operate, develop, and/or improve our Site or Services, and (b) third parties that must receive that information in order to facilitate provision of our Services.\n\nPlease be aware that, although we endeavor to provide reasonable security for information we process and maintain, no security system can prevent all potential security breaches. Unauthorized entry or use, hardware or software failure, or other factors may compromise the security of User information at any time. If you believe your information may not be secure for any reason, please contact us immediately at privacy@usvc.com.\n\nIn addition, when you use our Site or Services, you might be required or permitted to visit other websites. We take no responsibility for the security of such websites and/or systems.\n\n## Your Choices Regarding Personal Information\n\nYou have several choices regarding the use of personal information we collect about or from you.\n\n### Changing or Deleting Your Personal Data\n\nA User of our Site or Services may review, update, correct, or delete personal information furnished by the User by contacting us at privacy@usvc.com or, in certain cases, by accessing their User account. For your protection, we may only share and update the personal information associated with the specific email address that you use to send us your request, and we may need to verify your identity before doing so. We will try to comply with such requests in a reasonably timely manner. If you completely and permanently delete all of your personal information, then your User account will be deactivated. If you wish to cancel your account, you may do so by emailing us at privacy@usvc.com, and any personal information associated with your account will be deleted as soon as is reasonably practical or as required by applicable law, subject to our data retention policy.\n\n### Data Retention\n\nWe retain personal information we receive for as long as you use any of our Site or Services, or as necessary to fulfill the purposes for which it was collected, provide our Services, resolve disputes, establish legal defenses, enforce our agreements, and comply with applicable laws. We may retain information that is otherwise deleted in anonymized and aggregated form, in archived or backup copies as required pursuant to records retention obligations, or otherwise as required by law. We may retain an archived copy of your records as required by law or for legitimate business purposes.\n\n### Download or Access Personal Information\n\nYou can ask us for a copy of your personal information, including a copy in machine readable form, by emailing us at privacy@usvc.com.\n\n### Opting Out of Email Communications\n\nWe may use some of the information we collect for marketing purposes, including to send you promotional communications about new features, products, events, or other opportunities. If you wish to stop receiving these communications or to opt out of use of your information for these purposes, please follow the opt-out instructions, such as clicking \"Unsubscribe\" (or similar opt-out language), in those communications. You can also contact us at privacy@usvc.com to opt out. Despite your indicated email preferences, we may send you service-related communications, including notices of any updates to our Terms of Service or this Privacy Policy no less than annually and as such updates occur. Opting out will not unsubscribe you from important communications regarding your account on our Site, security related matters, or those notices required by applicable law. To unsubscribe from a third party's email communications, contact that third party directly or follow the instructions to unsubscribe in the applicable marketing email.\n\n### Opting Out of Sharing Information with Affiliated and Non-Affiliated Third Parties for Marketing Purposes\n\nIf you would like to opt out of sharing any of your information with Affiliates and non-Affiliate third parties for marketing or solicitation purposes, please contact us at privacy@usvc.com.\n\n## Our Use of Tracking Technologies\n\nWe may use cookies, pixel tags, or other technologies on our Site or as part of our Services, including to collect information automatically or passively.\n\nA \"cookie\" is a small amount of data, often including an anonymous unique identifier, which is sent to your browser from a website's computers and stored on your computer's hard drive. Cookies can be used to provide you with a tailored user experience and to make it easier for you to use a website upon a future visit. We may include cookies on our Site and use them to recognize you when you return to our Site. Cookies must be enabled on your web browser if you wish to access certain personalized features of our Site or Services. By using any of our Site or Services, you consent to our use of cookies.\n\nYou might be able to set your browser so that it does not accept cookies. The following website may have information useful if you wish to change your browser's settings so it does not accept cookies: [https://www.allaboutcookies.org/manage-cookies/](https://www.allaboutcookies.org/manage-cookies/). Unless you have adjusted your browser settings to refuse cookies, our system will send cookies as soon as you access our Site or Services. Again, by using our Site or Services, you consent to our use of cookies.\n\nWe may also use so-called \"pixel tags\"– small graphic images– to tell us what parts of our Site have been visited or to measure the effectiveness of searches customers perform on our Site. Pixel tags are sometimes referred to as \"web beacons.\" Pixel tags also enable us to send email messages in a format customers can read, and they inform us whether emails have been opened, to help ensure that our messages are of interest to our Users.\n\n## Additional Privacy-Related Information\n\n### Links to Third-Party Websites\n\nWe may provide links to third-party websites on our Site or in our communications or other materials exchanged with you. We have no control over those websites, and they may be subject to their own terms of service and privacy policies. As such, we do not endorse and are not responsible for the availability of, or for any content, advertising, products, or other materials on or available from, those third-party websites. By using any of our Site or Services, you agree that we will not be liable for any damage or loss caused by your use of or reliance on any content, advertising, products, or other materials on or available from these third-party websites.\n\n### How We Respond to Do Not Track Signals\n\nYour browser settings may allow you to automatically transmit a \"Do Not Track\" signal to websites and other online services you visit. To find out more about Do Not Track, please visit [http://www.allaboutdnt.com](http://www.allaboutdnt.com/).\n\nIf you access or use any of our Site or Services from a mobile device, we may collect mobile advertising identifiers to provide certain Services or facilitate use of our Site. Users may be able to opt out of interest-based advertisements through the most recent applicable settings features of their mobile devices. These opportunities are subject to the offerings made available by the third-party operating system providers and subject to their privacy policies, if any, and not subject to any of our offerings or our Privacy Policy. Please note that opting out of mobile advertising identifier collection may prevent certain Services from functioning properly.\n\n### Users Outside the United States\n\nThe Company is based in the United States. Our Site and Services are controlled and operated by the Company from the United States and are not intended to subject us to the laws or jurisdiction of any state, country, or territory other than that of the United States. Your personal information may be stored and processed in any country where we have facilities or in which we engage service providers, and by using the Site or Services, you consent to the transfer of information to countries outside of your country of residence, including the United States, which may have data protection rules that are different from those of your country. In certain circumstances, courts, law enforcement agencies, regulatory agencies or security authorities in those other countries may be entitled to access your personal information.\n\n### Children's Policy\n\nOur Site is not intended for children under the age of 18. We do not use our Site or Services to knowingly solicit data from, or market to, children under the age of 18. If a parent or guardian becomes aware that his or her child has provided us with information without their consent, he or she should contact us at privacy@usvc.com. We will take steps to delete such information from our files within a reasonable time.\n\n## Contact Us\n\nPlease contact [privacy@usvc.com](mailto:privacy@usvc.com) if you have questions about this Privacy Policy, your personal information, or our Site or Services.",[],[],{},{"id":95,"uid":96,"url":5,"type":70,"href":97,"tags":98,"first_publication_date":99,"last_publication_date":100,"slugs":101,"linked_documents":102,"lang":13,"alternate_languages":103,"data":104},"aeAXZBYAACUAJIKg","acknowledgments","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22aeAXZBYAACUAJIKg%22%29+%5D%5D",[],"2026-04-15T22:55:56+0000","2026-04-20T21:50:07+0000",[96],[],[],{"slug":96,"page_title":105,"page_subtitle":5,"markdown_content":109,"slices":113,"meta_title":5,"meta_description":5,"meta_image":114},[106],{"type":82,"text":107,"spans":108,"direction":85},"Acknowledgements",[],[110],{"type":89,"text":111,"spans":112,"direction":85},"I (we) acknowledge receipt of the final Prospectus of the fund and further acknowledge that:\n\n(i) the Prospectus is printed in English and that I (we) have read and understand the Prospectus;\n\n(ii) I am (we are) entering into an investment in the fund relying solely on the terms and conditions of the offering as set forth in the Prospectus and in this Subscription Agreement; and\n\n(iii) I (we) agree to abide by the terms and conditions of the Prospectus, as may be amended from time to time.\n\n- I (we) acknowledge the following: the fund is an illiquid investment and is suitable only for investors who can bear the risks associated with the limited liquidity of the fund and should be viewed as a long-term investment; the fund will ordinarily declare and pay dividends from its net investment income. However, the amount of distributions that the fund may pay, if any, is uncertain.\n\n- I (we) or an adviser or consultant I (we) relied upon in reaching a decision to subscribe have such knowledge and experience in financial, tax and business matters as to enable me (us) or such adviser or consultant to evaluate the merits and risks of an investment in the fund and to make an informed investment decision with respect thereto.\n\n- (I am (we are) not relying upon the fund’s investment advisers for guidance with respect to tax or other legal considerations.)\n\n- I am (we are) permitted by applicable law and regulation to make an investment in the fund, and I (we) have satisfied any special suitability or other applicable requirements of my (our) state or country of residence and/or the state or country of residence in which the subscription occurs.\n\n- I (we) acknowledge that neither the fund nor its advisers have solicited my (our) investment in the fund.\n\n- I (we) understand and acknowledge that an investment in the fund may subject me (us) to US taxation (the amount of any tax liability will depend on a number of factors), and I (we) should obtain my (our) own advice as to whether I (we) will be liable for any US tax as a result of an investment in the fund.\n\n- I (we) acknowledge that the fund reserves the right, in its absolute discretion, to reject this and any other subscription, in whole or in part.\n\n- If signing on behalf of a legal entity, I (we) certify: I am an (we are) authorized representative(s) of the entity, and I (we) understand that SS&C GIDS, Inc. will use this document for the purpose of verifying the identity of the beneficial owners and control person as required by federal law.\n\n- I (we) certify under penalties of perjury that:The number shown on this application is my (our) correct Taxpayer Identification Number, andI am (we are) not subject to backup withholding because:I am (we are) exempt from backup withholding, orI (we) have not been notified by the Internal Revenue Service (IRS) that I am (we are) subject to backup withholding as a result of a failure to report all interest or dividends, orthe IRS has notified me that I am (we are) no longer subject to backup withholding,Unless otherwise discussed in advance with and approved in the sole discretion of SS&C GIDS, Inc., I am a (we are) US citizen(s) or other US person(s), andThe FATCA code(s) entered on this form (if any, see below) indicating that I am (we are) exempt from FATCA reporting is correct.",[],[],{},{"id":116,"uid":5,"url":5,"type":70,"href":117,"tags":118,"first_publication_date":119,"last_publication_date":120,"slugs":121,"linked_documents":123,"lang":13,"alternate_languages":124,"data":125},"acqTRREAACUAg4jl","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22acqTRREAACUAg4jl%22%29+%5D%5D",[],"2026-03-30T15:21:15+0000","2026-04-20T22:17:48+0000",[122],"terms-of-service",[],[],{"slug":122,"page_title":126,"page_subtitle":130,"markdown_content":131,"slices":135,"meta_title":5,"meta_description":5,"meta_image":136},[127],{"type":82,"text":128,"spans":129,"direction":85},"Terms of Service",[],"Last Updated October 2, 2025",[132],{"type":89,"text":133,"spans":134,"direction":85},"# Terms of Service\n\n## Overview\n\nThese Terms of Service (the \"Terms of Service\" or \"Terms\") apply to and govern anyone who accesses or uses any of our Site or Services. In addition to these Terms of Service, terms in our other policies, such as our Privacy Policy, or other agreements you enter into with us also may apply to your use of or access to our Site or Services. You are encouraged to carefully review those agreements and the Privacy Policy.\n\nAdditionally, certain features of the Services include an automatic, recurring investment functionality (the \"Auto-Invest Service\"). These Terms of Service govern the Auto-Invest Service and are supplemented by any Auto-Invest specific terms, consents, and on-screen plan settings you accept within the Site (collectively, the \"Auto-Invest Terms\"). In the event of a conflict between the Auto-Invest Terms and the rest of these Terms of Service with respect to the Auto-Invest Service, the Auto-Invest Terms will control solely for the Auto-Invest Service.\n\n### Some Definitions\n\nThe following are definitions for some terms used in these Terms of Service:\n\n- \"Affiliate\" means an entity that controls, is controlled by, or is under common control with the Company, whether the control results from equity ownership, contract, overlapping management or otherwise.\n- \"Auto-Invest Date\" means the scheduled date (and, where applicable, time window) on which the Company will attempt to execute orders under your Auto-Invest Plan.\n- \"Auto-Invest Fees\" means any applicable platform, transaction, processing, or other fees disclosed in the Auto-Invest purchase summary or fee schedule for Auto-Invest Transactions.\n- \"Auto-Invest Instructions\" means your confirmation and ongoing authorization via the Site for the Company to execute orders in accordance with your Auto-Invest Plan.\n- \"Auto-Invest Plan\" means a set of recurring purchase instructions you configure (including funding source, investment amount, frequency, start date/time, and selected investment allocation) that authorizes the Company to place orders and initiate preauthorized transfers on your behalf until canceled.\n- \"Auto-Invest Transaction\" means each purchase or subscription executed pursuant to your Auto-Invest Instructions.\n- \"Company\" refers to Strawberry Tree Management Company LLC, a Delaware limited liability company.\n- \"Content\" refers to all text, images, photographs, graphics, logos, illustrations, descriptions, data, tools, features, pages, and other materials provided on the Site, as well as the selection, assembly, arrangement, \"look and feel,\" and design of our Site.\n- \"Down Period\" means any period during which the Site or Services are unavailable due to maintenance, outage, or other unavailability that may affect order placement.\n- \"FINRA\" refers to the Financial Industry Regulatory Authority.\n- \"Funding Source\" means your selected external bank account, card, wallet, or on-platform cash balance authorized for preauthorized, recurring debits to fund Auto-Invest Transactions.\n- \"Issuer\" means USVC Venture Capital Access Fund, a Delaware statutory trust registered under the Investment Company Act of 1940, as amended, as a non-diversified, closed-end, management investment company. The Issuer is a registered tender offer fund, managed by the Company as its investment adviser.\n- \"Services\" refers to the Content, products, or services offered on or through the Site.\n- \"Site\" refers, together and collectively, to the domains and subdomains of our website at www.usvc.com.\n- \"User\" means anyone who accesses and/or uses any of our Site or Services.\n- \"User Content\" refers to any personal information, business information, or other content (including but not limited to photos, profiles, messages, notes, and text) that a User uploads, publishes, provides, or displays (collectively, \"posts\") on or through any of our Site or Services or transmits to or shares with other Users through any of our Site or Services.\n- \"We,\" \"us,\" and \"our\" refer to the Company and its Affiliates.\n\n### Your Consent\n\nBy using or accessing any of our Site or Services, you consent to these Terms of Service and agree to be bound by all of the provisions in them, subject to and consistent with applicable laws and other notices you may receive from us. These Terms shall continue to apply even if you are no longer a User. If you do not agree to these Terms of Service, do not access or use any of our Site or Services. If you do not understand the Terms of Service, you should not access the Company's Site or Services and should consult with an attorney before accessing the Site or Services.\n\nBy enabling the Auto-Invest Service, you additionally consent to the Auto-Invest Terms and authorize us (and our payment partners) to initiate recurring, preauthorized debits from the Funding Source you select, in the amounts and on the schedule specified in your Auto-Invest Plan, until you cancel in accordance with these Terms.\n\n### Changes to these Terms of Service\n\nThese Terms of Service are subject to change. When we make a change to them, we will post the most current version of the Terms of Service here. Each time you use or access one of our Site or our Services, the most current version of our Terms of Service will apply. You agree that the Company may make changes to the Services at any time. You are responsible for regularly reviewing these new terms. Your continued use of the Site and Services shall constitute your consent to such changes.\n\nWe may update Auto-Invest Fees, plan parameters, and operational rules from time to time. Material changes to the Auto-Invest Service will be communicated by updating the Auto-Invest purchase summary, plan settings, or applicable disclosures within the Site.\n\n## Eligibility\n\nOur Site and Services are intended solely for Users who, if they are a natural person, are eighteen (18) years of age or older, and any registration by, use of or access to any of our Site or Services by any natural person under eighteen (18) years of age is unauthorized, unlicensed, and in violation of these Terms of Service. By using any of our Site or Services, you represent and warrant that, if you are a natural person, you are eighteen (18) years of age or older and that you agree to and will abide by all of the terms and conditions of these Terms of Service. By using or accessing any of our Site or Services, you affirm that you are at least eighteen (18) years of age and are fully able and competent to agree to and be bound by these Terms of Service. If you are using any of the Site or Services on behalf of any entity (e.g., corporation, company, or partnership), you represent and warrant that you are authorized to accept, and do agree to, these Terms of Service on behalf of that entity.\n\nIf you violate any of these Terms of Service, or otherwise violate an agreement between you and us, we may delete your profile and any content or information that you have posted on any of our Site and/or prohibit you from using or accessing our Site or Services, in whole or in part, at any time in our sole discretion, with or without notice to you, including without limitation if we believe you are under eighteen (18) years of age.\n\nWe may, in our sole discretion, refuse to offer our Services to any person or entity and/or change our eligibility criteria at any time.\n\n## Securities Matters\n\nNotwithstanding anything to the contrary in these Terms of Service, in no event shall anything in these Terms of Service be deemed to be a waiver, and we will not assert there has been a waiver, that would not be permissible under Section 14 of the Securities Act of 1933, as amended (the \"Securities Act\"), Section 29(a) of the Securities Exchange Act of 1934, as amended, or any other applicable provision of federal and state securities laws.\n\nFor the offering, subscription funds may be held by an escrow agent or qualified custodian pending completion or termination of the offering. The use of such services is subject to those providers' terms of use and privacy policies. Investment overviews on the Site contain summaries of the purpose and principal terms of the investment opportunities. Such summaries are intended for informational purposes only and do not purport to be complete, and each is qualified in its entirety by reference to the more detailed discussions contained in the investor document package relating to such investment opportunity. The information contained on the Site and in the offering materials have been prepared by the Issuer without reference to any particular User's investment requirements or financial situation, and potential investors are encouraged to consult with professional tax, legal and financial advisors before making any investment. The information provided herein shall not be deemed legal advice. You are strongly advised to consult with your own legal counsel.\n\n## Investment Matters\n\n### Disclaimer\n\nIn providing our Services or access to our Site or Content therein, we do not offer investment advice. We make no recommendation about the purchase of, or any investment decision made regarding, any security, and we do not provide Users with any investment advice whatsoever. By accessing or using any of the Site or Services, you acknowledge and agree that we do not and will not provide you with any legal, tax, estate planning, or accounting advice or any advice regarding the suitability, profitability, or appropriateness for you of any security or investment, and that our Site, Services, and Content on our Site do not constitute investment advice.\n\nAny decisions, whether investment related or otherwise, based on information contained on our Site or provided through our Services are your sole responsibility. The securities, if any, made available through or discussed on our Site, may not be suitable for all investors. We make no representations that such securities are available to or appropriate for investors or users in all jurisdictions or locations, nor that any investment vehicle is available or suitable for any particular user or purpose. All Users accessing or using our Site or Services do so on their own initiative and are responsible for compliance with applicable local laws and regulations.\n\n### General Risks\n\nInvesting involves risk, including market risks and macro conditions such as inflation and political and economic risk, and investments may lose value. Before investing, consider your investment objectives, financial resources, experience and risk tolerance, and fees related to investing through our Site or Services. Past performance does not guarantee future results. Investment outcomes and projections are hypothetical in nature and cannot be guaranteed. Investing in the securities made available through or discussed on our Site may involve higher risks than traditional investments and may have different financial and/or tax implications.\n\n### Your Representations and Warranties\n\nBy accessing or using any of our Site or Services, you represent and warrant that, with respect to making, or the decision to make, an investment in any security made available on or through our Site:\n\n- You have read and understand the discussion of risks herein and are aware of the risks of investing in any security made available through the Site or Services.\n- You will use your own judgment before making any decision to invest any amount of money in any security made available through the Site or Services.\n- You are solely responsible for complying with applicable law regarding any transaction, including, without limitation, the determination of whether any investment complies with the terms of local law (whether the law of a U.S. state, or the law of any foreign government with jurisdiction over you).\n- You will obtain professional advice as is appropriate to protect your interests, including any legal, accounting, financial or other relevant advice.\n- You are not relying upon any person or entity other than the Issuer.\n- You acknowledge that the Issuer reserves the right, in its sole and absolute discretion, to decline your request to subscribe in the offering, in whole or in part.\n\n### Background Checks\n\nWe, either ourselves or through third-party service providers, may perform background checks on Users of our Site or Services and all subscribers in the offering of securities listed on our Site. These background checks are to confirm whether a subscriber or User's name and identity matches the identity of anyone listed on a terrorist or criminal database or watch list or is associated with any foreign government. By subscribing for the securities, if any, available through our Site, you consent to such background checks. With respect to background checks (including, but not limited to data which we obtain from third parties regarding publicly available information pursuant to the requirements of the U.S. Office of Foreign Assets Control, U.S. Financial Crimes Enforcement Network, USA PATRIOT Act, criminal law, bankruptcy, or other laws), the data and information contained in our investigations is obtained from numerous regulatory, private, and public sources and is thought to be reliable. The Issuer may have legal obligations under the USA PATRIOT Act or other applicable laws designed to detect money laundering or other crimes, including obligations to report suspicious activity. We reserve the right to deny any individual the right to access investment products that are otherwise available on our Site for any reason, including, without limitation, as a result of information obtained in connection with background checks and whether or not such information is accurate, truthful, or complete.\n\n### \"Know Your Customer\" Inquiries\n\nYou acknowledge and agree that we and any broker-dealer, as applicable, will perform Know Your Customer (\"KYC\") procedures on all subscribers, as required by internal policies and, in the case of those broker-dealers, as required by applicable FINRA guidelines and federal and state regulations for financial institutions. You agree that this is a general requirement and in compliance with regulatory rules and guidance, and in no way creates or is deemed to be any form of recommendation or advice by us. Such issuers and broker-dealers may, in their sole and absolute discretion, decline to accept any person's request to subscribe in the offering, at any time, with no requirement for any reason or explanation; the parties agree that such decline decisions, if any, shall not constitute an opinion, recommendation, or investment, legal, or tax advice by us.\n\n## Accounts, Passwords & Security\n\nCertain features offered on or through the Site and some of the Services we offer may require that you create an account with us. When you do, we may ask you to provide certain registration details, such as your email address or other information about yourself. If we provide an option to register for our Site or Services through your account on a third-party platform (such as Apple), you authorize us to access your account with that third-party platform as permitted under the applicable terms and conditions that govern your use of such account (including accessing and using your account credentials and other information shared from the third-party platform account as authorized by you). All such information is subject to our Privacy Policy.\n\nIn creating an account with us, you agree that the information that you provide us about yourself upon registration is true, accurate, current, and complete. You may not impersonate someone else to create an account, create or use an account for anyone other than yourself, permit anyone else to use your account, or provide personal information for purposes of account registration other than your own. You agree that your account will be self-directed and that you are solely responsible for all communications, purchases, orders, investment decisions, and instructions made by your account.\n\nWhen you create an account with us, you may be asked by us to set up a user ID and a password to be able to access or use some parts of our Site or Services. You are entirely responsible for maintaining the confidentiality of the information you hold for your account, including your user ID and password, and for any and all activity that occurs under your account as a result of your failing to keep this information secure and confidential. You agree to notify us immediately of any unauthorized use of your account, user ID, or password, or any other breach of security. You may be held liable for losses incurred by us or any other User of or visitor to any of our Site or Services due to someone else using your user ID, password, or account as a result of your failing to keep your user ID, password, or other account information secure and confidential. You may not use anyone else's user ID, password, or account at any time without the express permission and consent of the holder of that ID, password, or account. We will not be liable for any loss or damage arising from your failure to comply with these obligations.\n\nAdditionally, you are responsible for ensuring only authorized individuals can enable, modify, or cancel Auto-Invest Plans within your account and for promptly reviewing confirmations and statements related to Auto-Invest Transactions.\n\n## Our Privacy Policy\n\nOur Privacy Policy, available at [https://www.usvc.com/privacy-policy](https://usvc.com/privacy-policy), applies to use of our Site and Services, and the terms of our Privacy Policy are incorporated into and made a part of these Terms of Service by this reference.\n\n## Links to Third-Party Websites\n\nWe may provide links to third-party websites on our Site or in our communications or other materials exchanged with you. We have no control over those websites, and they may be subject to their own terms of use and privacy policies. As such, we do not endorse and are not responsible for the availability of, or for any content, advertising, products, or other materials on or available from, those third-party websites. By using any of our Site or Services, you agree that we will not be liable for any damage or loss caused by your use of or reliance on any content, advertising, products, or other materials on or available from these third-party websites.\n\n## Content; Limited License\n\nThe Site is the property of the Company, its Affiliates, or its or their licensors. Unless noted otherwise, all Content on the Site is our property or the property of our licensors and protected by federal, state, and international laws, including copyright laws. All rights are reserved. On the condition that you are eligible to use our Site and Services under these Terms of Service, we grant you a limited license (1) to access and use our Site in accordance with these Terms of Service and any other agreement between you and us, and (2) to download or print a copy of any portion of the Content on the Site solely for your use in connection with your use of our Site or Services provided that you retain all trademark, copyright, and other proprietary notices on any Content you download or print and that all downloads or copies remain subject to these Terms of Service and our property or the property of our licensors as the case may be. Except as may be provided in the immediately preceding sentence, we do not grant to you, any User, or any other person any right to use, reproduce, copy, modify, transmit, display, publish, sell, license, create derivative works from, or distribute by any means, method, or process whatsoever, now known or hereafter developed, any of the Content on or transmitted through any of our Site. Any use of the Site or Content on it, except as specifically permitted in these Terms of Service or in writing signed by an authorized representative of the Company, is prohibited.\n\nFor Users that are businesses or other entities, or persons acting on behalf of businesses or other entities, the limited license to access and use the Site and Services granted above in this section shall be deemed granted to the business or entity and to those authorized representatives of the business or entity that act on behalf of the business or entity in using or accessing the Site or Services.\n\n## User Content\n\nYou are solely responsible for User Content you post on or through any of our Site or Services or transmit to or share with other Users on or through any of our Site or Services. You represent and warrant that you own all of your User Content or you have all rights that are necessary to grant us the license rights in your User Content under these Terms. You also represent and warrant that your User Content, your use and provision of your User Content to be made available through the Site, and any use of your User Content by us will not infringe, misappropriate, or violate a third party's intellectual property rights, or rights of publicity or privacy, or result in the violation of any applicable law or regulation. You understand and agree that the Company may, but is not obligated to, review and delete or remove (without notice) any User Content in its sole discretion, including without limitation, User Content that in the sole discretion of the Company violates these Terms of Service or might be offensive or illegal.\n\nBy posting User Content to any part of any of our Site or through any of our Services, you automatically grant, and you represent and warrant that you have the right to grant, to the Company an irrevocable, perpetual, non-exclusive, transferable, fully-paid, worldwide license (with the right to sublicense) to use, copy, publicly perform, publicly display, reformat, translate, excerpt (in whole or in part), and distribute such User Content for any purpose on or in connection with our Site and Services or the promotion of them, to prepare derivative works of such User Content, or incorporate it into other works, and to grant and authorize sublicenses of the foregoing. You may remove your User Content from the Site at any time. If you choose to remove your User Content, the license granted above will not expire.\n\nYou may review User Content posted by other Users on our Site if it is on a portion of our Site you are authorized to access, but you are not authorized to disclose any User Content posted by any Users other than yourself for any purpose.\n\n## Prohibited Conduct\n\nYou agree not to access or use any of our Site or Services in violation of any law or these Terms of Service or to solicit anyone else to do so. Without limiting the immediately preceding sentence, you also agree not to:\n\n- Engage, or help anyone to engage, in a spamming or phishing attack on or through any of the Site.\n- Use, or help anyone to use, any device, software, or routine to attempt to or actually interfere with the proper operation of any of the Site or transaction conducted via them or with any person's use of the Site.\n- Use any spider, site search/retrieval app, robot, or other device or process to retrieve, index, \"data mine,\" or in any way reproduce or circumvent the navigational structure or presentation of the Site or its Content.\n- Forge headers or otherwise manipulate identifiers to disguise the origin of any message or transmittal or posting you send or make on or through any of the Site.\n- Violate, or help anyone else to violate, the security (including access or authentication controls) or integrity of any our Site, including hacking, or helping anyone else to hack, into any of the Site.\n- Express or imply that we endorse any statements you make, absent our prior written consent.\n- Register for more than one User account; register for a User account on behalf of an individual other than yourself; operate a User account for someone who is ineligible to register in their own name; or register for a User account on behalf of any entity without that entity's permission.\n- Use any funds derived or obtained from an illegal activity or source to make any investment through our Site or Services.\n- Use, or help anyone to use, any of our Site or Services to: infringe our or anyone else's intellectual property rights including rights in trade or service marks or copyrights for the Content on our Site; transmit or post unauthorized or unsolicited ads or commercial electronic mail; transmit or post obscene, vulgar, abusive, or defamatory material; violate any law, statute, or regulation (including, without limitation, those governing securities regulation, consumer protection, unfair competition, anti-discrimination, or false advertising) or for any other unlawful purpose; contact any other Users in an effort to persuade them to use any competitive online investment platforms, invest in any issuers other than the Issuer listed on the Site, or stop using the Site; transmit or post any personal information of a third party, such as a third-party's name, email address, residential address, or Social Security number; or engage in fraudulent or deceptive conduct against us or anyone else, including impersonating another individual or entity or pretending you represent someone you are not authorized to represent.\n\n## Consent to Electronic Transactions and Disclosures\n\nBecause we operate largely on the internet, it is necessary for you to consent to transact business with us online and electronically. As part of doing business with us, you must also consent to our giving you certain disclosures electronically, either via our Site or to the email address you provide to us. By agreeing to these Terms of Service, you agree to receive electronically all documents, communications, notices, contracts, and agreements, including any U.S. Internal Revenue Service Form 1099 or other tax forms, schedules, or information statements, arising from or relating to your use of any of the Site or any of our Services, including any investments you may make or the servicing of any investment you may make (each, a \"Disclosure\"), from us or any service provider either of us may use.\n\nYour consent to transact business with us online and electronically and to receive Disclosures electronically will be effective as long as you are a User and, if you are no longer a User, will continue until all Disclosures relevant to transactions that occurred while you were a User have been made. The decision to do business with us electronically is yours. You have the right to withdraw consent at any time. To withdraw consent, you may send a written request by e-mailing invest@usvc.com.\n\n## Electronic Funds Transfers & Payment Processing\n\n### Introduction to Electronic Funds Transfers\n\nThe Company may process Electronic Funds Transfers (\"EFTs\") as an efficient method to receive electronic deposits from investors, to purchase and redeem investments, and to issue refunds to investors. EFTs are processed through the vehicles described below:\n\n- The Automated Clearing House (\"ACH\")\n- The Fedwire\n- Credit Card\n- Electronic Funds Transfers Agreement and Disclosure\n\nThis Electronic Funds Transfers Agreement and Disclosure (the \"EFT Agreement\") is the contract which covers your and our rights and responsibilities concerning the EFTs services offered to you by the Company. In this EFT Agreement, the words \"you,\" \"your,\" and \"yours\" mean an individual who signs up on the Site and utilizes the Site to participate in the securities offering of the Issuer (and any authorized users). EFTs are electronically initiated transfers of money from your bank account or credit card account, which you utilize the Site to initiate, and which allow you to participate in the Issuer's offering. By using the Site and Services, you agree to the terms and conditions in this EFT Agreement and any amendments for the EFTs services offered.\n\nIn order to use the payment functionality of the Site, you authorize us to share your identity, bank account data and credit card account data with [Applicable Payment Processor Third Party] for the purpose of processing your EFTs, and you are responsible for the accuracy and completeness of that data. You understand that you will access and are responsible for managing your bank account data and credit card account data through the Site. You also authorize us and [Applicable Payment Processor Third Party] to process EFTs as you direct through the Site. You acknowledge that none of [Applicable Payment Processor Third Party] or we will be liable for any loss, expense or cost arising out of EFT services provided through your use of the Site and Services, which are based on your instruction; [Applicable Payment Processor Third Party] are third party beneficiaries to this EFT Agreement.\n\nFurthermore, by enabling an Auto-Invest Plan, you authorize preauthorized, recurring EFT debits from your Funding Source in the amounts and on the cadence you set (e.g., [monthly]) until you cancel. You may cancel a scheduled Auto-Invest Transaction any time before the applicable Auto-Invest Date through your account settings; cancellations received after the cut-off displayed in the Site may not affect the next Auto-Invest Date.\n\nIf your Funding Source or on-platform balance does not have sufficient available funds at an Auto-Invest Date, the Auto-Invest Transaction may fail (in whole or in part). We may, but are not obligated to, attempt the next scheduled Auto-Invest Transaction in accordance with your Auto-Invest Plan. After a number of consecutive failures (as disclosed in the Auto-Invest plan interface or applicable policy), we may automatically suspend the Auto-Invest Plan until you reactivate it.\n\nEach Auto-Invest Transaction will execute at the then-available price or subscription terms offered via the Site at or around the Auto-Invest Date. Actual execution time may vary. Transactions are generally irrevocable once placed.\n\nYou agree to pay any Auto-Invest Fees shown in your Auto-Invest purchase summary or fee schedule, which we may update from time to time.\n\n## Auto-Invest Service; Recurring Investments\n\nThe Auto-Invest Service allows you to schedule one or more future recurring purchases by authorizing us to initiate orders on your behalf on a [monthly] basis (or such other frequency you select when available). To activate, you must complete all required fields for Funding Source, amount, frequency, start date, investment selection, and confirm within the Site. Upon activation, you authorize us (and our payment partners) to (i) initiate preauthorized debits from your Funding Source and/or draw from your on-platform balance, and (ii) place Auto-Invest Transactions in accordance with your Auto-Invest Plan. Your Auto-Invest Instructions remain in effect until amended or canceled as provided herein.\n\nYou may modify or cancel your Auto-Invest Plan at any time before the applicable Auto-Invest Date by following the instructions in your account. Certain parameters may require you to cancel and re-create the plan. Canceling a plan stops future Auto-Invest Transactions but does not unwind or cancel any transaction already executed. Investments purchased through Auto-Invest will be allocated in accordance with your selected plan or allocation settings, subject to availability and eligibility requirements. We are not obligated to verify the accuracy of your selections and will rely on the information you provide.\n\nIf the Site or Services are unavailable on an Auto-Invest Date due to a Down Period, execution will resume when service is restored. We are not responsible for any price changes that occur during a Down Period. We may add, modify, suspend, or discontinue the Auto-Invest Service (in whole or part) at any time. We may temporarily or permanently suspend your access to the Auto-Invest Service for risk, compliance, or operational reasons, or if your account is suspended or restricted. If your account is terminated, your Auto-Invest Plan will be canceled.\n\nThe Auto-Invest Service is a tools-based, instruction-only feature and does not constitute investment, legal, tax, or financial advice or a recommendation to buy any security. You are solely responsible for determining whether any recurring investment and its parameters are appropriate for you given your circumstances and objectives.\n\nWe will maintain records of Auto-Invest Transactions and provide confirmations or statements via the Site. You agree to promptly review these items and notify us of any questions.\n\n## The Company's Intellectual Property Rights\n\nThe Company owns or has the legal right to use all of the intellectual property associated with the Services. This includes, but is not limited to, our name, our trademarks and copyrights, the design of the Site, our trade secrets, our business methods, any artwork, text, video, photographs, or audio used on the Site, and our logos, taglines, and trade dress.\n\nYou have no interest in any of this intellectual property, other than the right (which we may terminate or suspend) to use the Services in accordance with these Terms of Service. You shall not duplicate, publish, display, distribute, modify, create derivative works from, or exploit our intellectual property in any way, except as otherwise provided herein.\n\n## Copyright Complaints\n\nIf you believe that any material on any of our Site infringes a lawful copyright, you may email a written notice of such infringement to our Designated Copyright Agent at legal@angellist.com or mail such notice to: Legal Department, Charlie Tango Romeo Holdings, LLC, Attn: Designated Copyright Agent, 90 Gold Street, Floor 3, San Francisco, CA 94133. The telephone number for our Designated Copyright Agent is (415) 599-4247. Be sure to include in your notice: (1) your physical or electronic signature; (2) identification of the copyrighted work or works you claim to have been infringed; (3) identification of the material you claim infringes upon the copyrighted work, and URLs or similar information sufficient to permit us to locate that material on our Site; (4) your address, telephone number, and email address so we may contact you in response to your notice; (5) a statement that you have a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and (6) a statement that the information in your notice is accurate, and under penalty of perjury, that you are the owner, or are authorized to act on behalf of the owner of the copyright that is allegedly infringed.\n\n## Limitation of Liability\n\nEXCEPT WHERE PROHIBITED BY LAW, IN NO EVENT SHALL WE OR ANY OF OUR OWNERS, MANAGERS, OFFICERS, DIRECTORS, MEMBERS, SHAREHOLDERS, EMPLOYEES, CONTRACTORS, AGENTS, REPRESENTATIVES, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, LOSS OF DATA, OR BUSINESS INTERRUPTION, ARISING FROM OR IN CONNECTION WITH YOUR USE OF ANY OUR SITES OR SERVICES OR CONTENT ON OUR SITES, WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.\n\nIF, NOTWITHSTANDING THE OTHER PROVISIONS OF THESE TERMS OF SERVICE, AND EXCEPT WHERE PROHIBITED BY LAW, IN THE EVENT WE ARE FOUND TO BE LIABLE TO YOU FOR ANY DAMAGE OR LOSS WHICH ARISES OUT OF OR IS IN ANY WAY CONNECTED WITH YOUR USE OF OR ACCESS TO ANY OF OUR SITES OR SERVICES OR ANY CONTENT ON OUR SITES, OUR LIABILITY SHALL IN NO EVENT EXCEED THE GREATER OF (1) THE TOTAL OF ANY MEMBERSHIP FEES PAID BY YOU IN THE TWELVE MONTHS PRECEDING THE INCIDENT THAT CAUSED YOUR LOSS OR DAMAGE OR (2) SUCH AMOUNT AS IS REQUIRED BY LAW.\n\nTHE LAW OF SOME JURISDICTIONS RESTRICTS, OR PROHIBITS ALTOGETHER, CONTRACTUAL LIMITATIONS OF LIABILITY AND LIMITATIONS ON DAMAGES PROVISIONS. THEREFORE, THE FOREGOING LIMITATIONS IN THIS SECTION MIGHT NOT APPLY TO YOU EITHER IN WHOLE OR IN PART.\n\nWITHOUT LIMITING THE FOREGOING, WE WILL NOT BE LIABLE FOR LOSSES OR FOREGONE GAINS ARISING FROM (A) PRICE MOVEMENTS OCCURRING BEFORE, DURING, OR AFTER AN AUTO-INVEST DATE; (B) ANY DOWN PERIODS; (C) FAILED OR PARTIALLY FILLED AUTO-INVEST TRANSACTIONS; OR (D) YOUR PLAN SETTINGS OR SELECTIONS.\n\n## Indemnification\n\nBy accessing or using any or our Site or Services, you agree to indemnify and hold harmless the Company and its licensors and their respective owners, managers, officers, directors, members, shareholders, employees, contractors, agents, licensors, suppliers, predecessors, and successors from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, and/or fees (including reasonable attorneys' fees) made against us or our licensors by any third party due to, arising out of, or in connection with your use of any of our Services, Site, or Content.\n\nBy accessing or using any of our Site or Services on behalf of an entity, you agree, on behalf of that entity and yourself, to be jointly and severally responsible for indemnifying and holding harmless the Company, its licensors, and its respective owners, managers, officers, directors, members, shareholders, employees, contractors, agents, licensors, suppliers, predecessors, and successors from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, and/or fees (including reasonable attorneys' fees) made against it or its licensors by any third party due to or arising out of or in connection with your or the entity's use of any of our Services, Site, or Content.\n\nThis indemnity includes, without limitation, claims arising from your Auto-Invest Plan settings, insufficient funds, unauthorized use of your account to enable or modify Auto-Invest Instructions, and disputes with your Funding Source provider.\n\n## Disclaimers\n\nOUR SITE IS PROVIDED ON AN \"AS-IS\" AND \"AS AVAILABLE\" BASIS. ALL CONTENT PROVIDED ON ANY OF OUR SITE IS SUBJECT TO CHANGE WITHOUT NOTICE. WE CANNOT ENSURE, AND DO NOT PROMISE, THAT OUR SITE OR ANY CONTENT ON IT WILL BE FREE FROM ERROR OR OPERATE WITHOUT INTERRUPTION. WE ALSO CANNOT ENSURE, AND DO NOT PROMISE, THAT OUR SITE, OR ANY CONTENT, INCLUDING ANY FILES OR APPLICATIONS, THAT YOU ACCESS OR DOWNLOAD FROM ANY OF OUR SITE, WILL BE FREE OF VIRUSES OR CONTAMINATION OR DESTRUCTIVE FEATURES. YOU ACCESS AND USE ANY OF OUR SITE AND ANY CONTENT ON IT AT YOUR OWN RISK.\n\nWE DISCLAIM ALL WARRANTIES OF ANY KIND, EITHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, WITHOUT LIMITATION, ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, NON-INFRINGEMENT, COMPLIANCE WITH UNITED STATES FEDERAL AND STATE SECURITIES OR BLUE SKY LAWS OR REGULATIONS, SECURITIES EXCHANGE OR SELF-REGULATORY ORGANIZATION'S RULES OR REGULATIONS, AND EQUIVALENT LAWS OR REGULATIONS IN FOREIGN JURISDICTIONS.\n\nALTHOUGH WE HOPE TO MAKE OUR SITE, SERVICES, AND CONTENT ON THE SITE AVAILABLE AT ALL TIMES IN THE FUTURE, THERE MAY BE TIMES WHEN WE NEED TO DISABLE THOSE EITHER TEMPORARILY OR PERMANENTLY. WE RESERVE THE RIGHT TO DISCONTINUE, CHANGE, SUSPEND, REMOVE, AND/OR DISABLE ACCESS TO ANY OF OUR SITE AND SERVICES AND TO ANY CONTENT ON OUR SITE AND TO IMPOSE LIMITS ON THE USE OF OR ACCESS TO ANY OF OUR SITE OR SERVICES OR TO THE CONTENT ON ANY OF OUR SITE, IN EACH CASE AT ANY TIME AND WITHOUT NOTICE OR LIABILITY. IN NO EVENT WILL WE BE LIABLE FOR THE DISCONTINUANCE, MODIFICATION, SUSPENSION, OR REMOVAL OF, OR DISABLING OF ACCESS TO, ANY SUCH SITE, SERVICE, OR CONTENT AT ANY TIME AND/OR FOR ANY PERIOD OF TIME. ALSO, FROM TIME TO TIME, WE MAY RESTRICT ACCESS TO SOME PARTS OF, OR ALL OF, OUR SITE, SERVICES, OR THE CONTENT ON THE SITE, INCLUDING TO REGISTERED USERS.\n\nTHE LAW OF SOME JURISDICTIONS RESTRICTS, OR ALTOGETHER PROHIBITS, CONTRACTUAL LIMITATIONS ON WARRANTIES. THEREFORE, THE FOREGOING LIMITATIONS IN THIS SUB-SECTION MIGHT NOT APPLY TO YOU EITHER IN WHOLE OR IN PART.\n\nWITHOUT LIMITATION, WE MAKE NO WARRANTY THAT AUTO-INVEST TRANSACTIONS WILL EXECUTE AT ANY PARTICULAR PRICE OR TIME, OR THAT YOUR AUTO-INVEST PLAN WILL BE ERROR-FREE, UNINTERRUPTED, OR AVAILABLE DURING EVERY SCHEDULED AUTO-INVEST DATE.\n\n## Governing Law; Venue and Jurisdiction\n\nYou agree that any dispute arising out of or in connection with our Site, Services, or these Terms of Service will be governed by the laws of the State of Delaware without reference to conflict of laws principles that would require the application of the laws of any other jurisdiction; you agree to submit to the exclusive jurisdiction and venue of the state and federal courts located in Delaware for all such disputes; and for all such disputes you waive any objection asserting that that forum is inconvenient. Each party hereby waives any claim that such venue is improper or inconvenient.\n\n## Termination\n\nIf you wish to terminate your registration and account with us, you may do so at any time by contacting us at invest@usvc.com. Except as prohibited by law, we reserve the right to suspend, disable, or terminate any User account or registration at any time and for any or no reason and to suspend or prevent any person from accessing or using any of our Site or Services at any time for any or no reason.\n\nIf your account is suspended or restricted, your Auto-Invest Plan will be placed on hold and no Auto-Invest Transactions will be executed unless and until you re-enable the plan after the restriction is lifted. If your account is terminated, your Auto-Invest Plan will be canceled.\n\n## Additional Provisions\n\nWe reserve the right to do any of the following, at any time, without notice to you: (1) to modify, suspend, or terminate operation of or access to our Site or Services, or any portion of them, for any reason; (2) to modify or change our Site or Services, or any portion of them, and any policies or terms applicable to them; and (3) to interrupt the operation of our Site or Services, or any portion of them, as necessary to perform routine or non-routine maintenance, error correction, or other changes.\n\nIf any of the provisions of these Terms of Service are held by a court or other tribunal of competent jurisdiction to be void, unlawful, or unenforceable, the court or tribunal may, if applicable law permits, modify the void, unlawful, or unenforceable provision(s) to the minimum extent needed to make it or them valid, legal, and enforceable, or, if the law does not permit such modification or if the court or tribunal elects not to make such modification, the void, unlawful, or unenforceable provision(s) shall be deemed severable from these Terms of Service, shall be deemed stricken from these Terms of Service, and shall not affect the validity, legality, and enforceability of any remaining provisions of the Terms of Service, which shall remain in full force and effect.\n\nOur failure to insist on or enforce strict performance of these Terms of Service shall not be construed as a waiver by us of any provision or any right we have to enforce these Terms of Service, nor shall any course of conduct between us and you or any other party be deemed to modify any provision of these Terms of Service. Our failure to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of such right or provision in that or any other instance.\n\nThe Terms of Service, and any rights or obligations hereunder, are not assignable, transferable, or sublicensable by you except with our prior written consent but may be assigned or transferred by us without restriction. Any attempted assignment by you shall violate these Terms and be void.\n\nYou grant us the right to take steps we believe are reasonably necessary or appropriate to enforce or verify compliance with these Terms of Service, and you agree that we have the right, without liability to you, to disclose any information to law enforcement authorities, government officials, or third parties, as we believe is reasonably necessary or appropriate to enforce or verify compliance with these Terms of Service (including, but not limited to, our right to cooperate with any legal process relating to your use of the Site or Services or a third-party claim that your use of the Site or Services is unlawful or infringes on a third party's rights).\n\nThese Terms of Service shall not be interpreted or construed to confer any rights or remedies on any third parties. The section and sub-section headings in these Terms of Service are for convenience only and have no legal or contractual effect.\n\nThese Terms of Service constitute the entire agreement between you and us with regard to your access or use of any of our Site or Services or any Content on our Site, and any and all other written or oral agreements or understandings previously existing between you and us with respect to such use and access are hereby superseded and cancelled.\n\n## Contact Us\n\nPlease contact invest@usvc.com if you have questions about these Terms of Service or our Site or Services.",[],[],{},{"id":138,"uid":5,"url":5,"type":139,"href":140,"tags":141,"first_publication_date":142,"last_publication_date":143,"slugs":144,"linked_documents":145,"lang":13,"alternate_languages":146,"data":147},"abQEYhAAACEAq4Cn","portfolio","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22abQEYhAAACEAq4Cn%22%29+%5D%5D",[],"2026-03-13T12:35:30+0000","2026-04-20T21:20:23+0000",[139],[],[],{"hero_title":148,"hero_subtitle":156,"cta_1_label":157,"capital_deployed":158,"holdings_updated_as_of":159,"timeline_title":160,"timeline_subtitle":167,"timeline_companies":168,"cta_section_title":177,"cta_section_text":183,"cta_section_button":157,"slices":184},[149],{"type":82,"text":150,"spans":151,"direction":85},"The USVC Portfolio",[152],{"start":153,"end":154,"type":155},9,18,"em","USVC is actively deploying capital into private technology companies through select managers and direct investments.","Invest Now","44.34%","2026-03-31",[161],{"type":82,"text":162,"spans":163,"direction":85},"A portfolio being built \nin real time",[164],{"start":165,"end":166,"type":155},25,37,"USVC launched in late 2025 and is actively deploying capital. The portfolio will grow as we back new managers, enter new positions, and follow winners into later rounds. Every update reflects a real investment decision — capital committed to companies we believe in.",[169,173],{"company_name":170,"tagline":5,"date":171,"description":172},"Inception","November 24, 2025","USVC's makes its first investment via a fund commitment, providing the Fund exposure to companies like xAI, Anthropic, and OpenAI.",{"company_name":174,"tagline":5,"date":175,"description":176},"Acquisition","February 02, 2026","xAI is acquired by SpaceX in an all-stock transaction, aiming to accelerate the development of orbital data centers.",[178],{"type":82,"text":179,"spans":180,"direction":85},"The goal is to capture the outliers.",[181],{"start":27,"end":182,"type":155},36,"We believe the entire VC model depends on being in the right rooms, backing the right people, and having enough exposure that when a breakout happens, you own a meaningful piece of it.",[],[186,215,239,265,287,312,337],{"id":187,"uid":188,"url":5,"type":189,"href":190,"tags":191,"first_publication_date":192,"last_publication_date":193,"slugs":194,"linked_documents":195,"lang":13,"alternate_languages":196,"data":197},"aeLAdRAAACYAHdsv","crusoe","holding_portfolio_company","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22aeLAdRAAACYAHdsv%22%29+%5D%5D",[],"2026-04-17T23:22:42+0000","2026-04-20T15:32:33+0000",[188],[],[],{"company_name":198,"icon":199,"stage":204,"status":205,"sector":206,"weight":207,"extra":5,"description":208,"link":209},"Crusoe",{"dimensions":200,"alt":5,"copyright":5,"url":201,"id":202,"edit":203},{"width":182,"height":182},"https://usvc.cdn.prismic.io/usvc/acwYt5GXnQHGZJL9_crusoe.svg","acwYt5GXnQHGZJL9",{"x":26,"y":26,"zoom":28,"background":29},"Series A","Private","Infrastructure & Compute",4.97,"Building managed inference and infrastructure to power the next generation of artificial intelligence solutions.",{"link_type":210,"key":211,"url":212,"target":213,"text":214},"Web","a09ce092-e7da-47fd-884b-03ba543e2ccb","https://www.crusoe.ai/","_blank","Visit Crusoe.ai",{"id":216,"uid":5,"url":5,"type":189,"href":217,"tags":218,"first_publication_date":219,"last_publication_date":220,"slugs":221,"linked_documents":223,"lang":13,"alternate_languages":224,"data":225},"ac1fjBEAACYAh8Cw","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22ac1fjBEAACYAh8Cw%22%29+%5D%5D",[],"2026-04-01T18:10:41+0000","2026-04-20T15:37:29+0000",[222],"anthropic",[],[],{"company_name":226,"icon":227,"stage":232,"status":205,"sector":206,"weight":233,"extra":5,"description":234,"link":235},"Anthropic",{"dimensions":228,"alt":5,"copyright":5,"url":229,"id":230,"edit":231},{"width":182,"height":182},"https://usvc.cdn.prismic.io/usvc/acwYpJGXnQHGZJL7_anthropic.svg","acwYpJGXnQHGZJL7",{"x":26,"y":26,"zoom":28,"background":29},"Series E",2.65,"Developing artificial intelligence systems with a strong emphasis on safety and coding, best known for its Claude family of models.",{"link_type":210,"key":236,"url":237,"target":213,"text":238},"93a816da-5f30-4a5d-bed9-dd2a8ba7ee3a","https://www.anthropic.com/","Visit Anthropic.com",{"id":240,"uid":5,"url":5,"type":189,"href":241,"tags":242,"first_publication_date":243,"last_publication_date":244,"slugs":245,"linked_documents":247,"lang":13,"alternate_languages":248,"data":249},"aeLCLxAAACcAHd3T","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22aeLCLxAAACcAHd3T%22%29+%5D%5D",[],"2026-04-17T23:29:56+0000","2026-04-20T15:38:39+0000",[246],"legora",[],[],{"company_name":250,"icon":251,"stage":257,"status":205,"sector":258,"weight":259,"extra":5,"description":260,"link":261},"Legora",{"dimensions":252,"alt":5,"copyright":5,"url":254,"id":255,"edit":256},{"width":182,"height":253},38,"https://usvc.cdn.prismic.io/usvc/aeJVO51ZCF7ETT7b_Legora.svg","aeJVO51ZCF7ETT7b",{"x":26,"y":26,"zoom":28,"background":29},"Series C","Enterprise Applications",1.77,"Building the operating layer for the modern law firm by embedding AI across core workflows to increase throughput, reduce cost, and expand the scope of legal services.",{"link_type":210,"key":262,"url":263,"target":213,"text":264},"819d6f77-e2fc-484f-8ba2-fec5853326b1","https://www.legora.com/","Visit Legora.com",{"id":266,"uid":5,"url":5,"type":189,"href":267,"tags":268,"first_publication_date":269,"last_publication_date":270,"slugs":271,"linked_documents":273,"lang":13,"alternate_languages":274,"data":275},"aeLAzhAAACUAHdu_","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22aeLAzhAAACUAHdu_%22%29+%5D%5D",[],"2026-04-17T23:23:48+0000","2026-04-20T15:38:24+0000",[272],"sierra-technologies",[],[],{"company_name":276,"icon":277,"stage":257,"status":205,"sector":258,"weight":233,"extra":5,"description":282,"link":283},"Sierra Technologies",{"dimensions":278,"alt":5,"copyright":5,"url":279,"id":280,"edit":281},{"width":182,"height":182},"https://usvc.cdn.prismic.io/usvc/acwYzJGXnQHGZJMA_sierra.svg","acwYzJGXnQHGZJMA",{"x":26,"y":26,"zoom":28,"background":29},"Providing AI-powered agents for businesses to automate and improve customer support and engagement.",{"link_type":210,"key":284,"url":285,"target":213,"text":286},"a42e3e20-ccf5-47be-bc5b-d79bc72c45e1","https://www.sierra.ai/","View Sierra.ai",{"id":288,"uid":5,"url":5,"type":189,"href":289,"tags":290,"first_publication_date":291,"last_publication_date":292,"slugs":293,"linked_documents":295,"lang":13,"alternate_languages":296,"data":297},"ac1w3BEAACcAh9ri","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22ac1w3BEAACcAh9ri%22%29+%5D%5D",[],"2026-04-01T19:24:42+0000","2026-04-20T15:38:11+0000",[294],"vercel",[],[],{"company_name":298,"icon":299,"stage":304,"status":205,"sector":305,"weight":306,"extra":5,"description":307,"link":308},"Vercel",{"dimensions":300,"alt":5,"copyright":5,"url":301,"id":302,"edit":303},{"width":182,"height":182},"https://usvc.cdn.prismic.io/usvc/acwY1pGXnQHGZJMC_vercel.svg","acwY1pGXnQHGZJMC",{"x":26,"y":26,"zoom":28,"background":29},"Series D","Developer Tools",0.88,"Providing the developer tools, agentic coding, and cloud infrastructure to build, scale, and secure a faster, more personalized web.",{"link_type":210,"key":309,"url":310,"target":213,"text":311},"bff98053-6bfa-482d-ac1f-8b306c3f036f","https://www.vercel.com/","Visit Vercel.com",{"id":313,"uid":5,"url":5,"type":189,"href":314,"tags":315,"first_publication_date":316,"last_publication_date":317,"slugs":318,"linked_documents":320,"lang":13,"alternate_languages":321,"data":322},"ac1fVxEAACcAh8BZ","https://usvc.cdn.prismic.io/api/v2/documents/search?ref=aekaWRAAACYAJ1MG&q=%5B%5B%3Ad+%3D+at%28document.id%2C+%22ac1fVxEAACcAh8BZ%22%29+%5D%5D",[],"2026-04-01T18:10:06+0000","2026-04-20T15:37:44+0000",[319],"xai",[],[],{"company_name":323,"icon":324,"stage":257,"status":329,"sector":206,"weight":330,"extra":331,"description":332,"link":333},"xAI",{"dimensions":325,"alt":5,"copyright":5,"url":326,"id":327,"edit":328},{"width":182,"height":182},"https://usvc.cdn.prismic.io/usvc/acwY2ZGXnQHGZJMD_xai.svg","acwY2ZGXnQHGZJMD",{"x":26,"y":26,"zoom":28,"background":29},"Acquired",20.23,"Acquisition Pending","Developing large-scale artificial intelligence systems focused on advancing general intelligence, with an emphasis on reasoning, real-world problem solving, and accelerating scientific and technological progress.",{"link_type":210,"key":334,"url":335,"target":213,"text":336},"bba8b760-7351-42cd-815f-efb4b0f4ae54","https://www.x.ai/","View 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USVC's prospectus contains this and other information and may be obtained at http://usvc.com/prospectus or by calling +1 (888) 200-4361. Read the prospectus carefully before investing.\n\nAn investment in the Fund involves material risks and should be considered speculative. There can be no assurance that the Fund will achieve its investment objective, that investors will receive distributions, or that investors will not lose all or a substantial portion of their investment. Shares are not listed on any exchange, have no public trading market, and are illiquid. Liquidity is limited to periodic repurchase offers made at the discretion of the Board, which are not guaranteed. You should not expect to be able to sell your shares other than through the Fund's repurchase policy, regardless of the Fund's performance. This investment is suitable only for long-term investors who can bear the risks of limited liquidity. Past performance does not guarantee future results. 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