701 Fund 2 LP
701 Fund 2 LP is a venture capital fund based in Grand Forks, North Dakota. According to its most recent Form D, filed Jan 18, 2022, it has sold $400,000 of interests to 12 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include LLC 701 Ventures 2; Gregory Syrup.
- Total raised
- $400,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Dec 28, 2021
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- LLC 701 Ventures 2; Gregory Syrup
- Latest Form D
- Jan 18, 2022
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 701 Fund 2 LP
What is the minimum investment for 701 Fund 2 LP?
According to its latest Form D, filed Jan 18, 2022, the minimum investment 701 Fund 2 LP accepts from an outside investor is $25,000.
Who can invest in 701 Fund 2 LP?
701 Fund 2 LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has 701 Fund 2 LP raised?
701 Fund 2 LP reports $400,000 sold from 12 investors on its Form D filed Jan 18, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is 701 Fund 2 LP based?
701 Fund 2 LP is based in Grand Forks, North Dakota.
When did 701 Fund 2 LP launch?
701 Fund 2 LP reports its first sale in Dec 2021.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.