AltMountain

3L Capital SDC, LLC

Los Angeles, CA · CIK 1756947
Status: no Form D since Nov 2018. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

3L Capital SDC, LLC is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Nov 7, 2018, it has sold $10,000,000 of interests to 2 investors since its first sale in Oct 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include 3L Capital GP, LLC; Shawn Colo; David Leyrer.

Total raised
$10,000,000Cumulative sales reported on Form D
Investors
2
First sale
Oct 26, 2018
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
3L Capital GP, LLC; Shawn Colo; David Leyrer
Latest Form D
Nov 7, 2018

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about 3L Capital SDC, LLC

What is the minimum investment for 3L Capital SDC, LLC?

3L Capital SDC, LLC's latest Form D, filed Nov 7, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in 3L Capital SDC, LLC?

3L Capital SDC, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has 3L Capital SDC, LLC raised?

3L Capital SDC, LLC reports $10,000,000 sold from 2 investors on its Form D filed Nov 7, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is 3L Capital SDC, LLC based?

3L Capital SDC, LLC is based in Los Angeles, California.

When did 3L Capital SDC, LLC launch?

3L Capital SDC, LLC reports its first sale in Oct 2018.

Size compared with every venture capital fund

Raised more than 74% of the 2,222 venture capital funds based in California, and more than 87% of all 14,829 that report sales.

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