77 AI LLC is a private equity fund based in Westport, Connecticut. According to its most recent Form D, filed Dec 21, 2023, it has sold $2,205,000 of interests to 22 investors since its first sale in Nov 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Craig Bonn; HCap 1 LLC.
- Total raised
- $2,205,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Nov 29, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Craig Bonn; HCap 1 LLC
- Latest Form D
- Dec 21, 2023
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 77 AI LLC
What is the minimum investment for 77 AI LLC?
77 AI LLC's latest Form D, filed Dec 21, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 77 AI LLC?
77 AI LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 77 AI LLC raised?
77 AI LLC reports $2,205,000 sold from 22 investors on its Form D filed Dec 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is 77 AI LLC based?
77 AI LLC is based in Westport, Connecticut.
When did 77 AI LLC launch?
77 AI LLC reports its first sale in Nov 2023.
Size compared with every private equity fund
Raised more than 43% of the 438 private equity funds based in Connecticut, and more than 27% of all 8,896 that report sales.