Acernis Ventures V, LP
Acernis Ventures V, LP is a venture capital fund based in Salt Lake City, Utah. According to its most recent Form D, filed Mar 23, 2023, it has sold $595,834 of interests to 8 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $100,000. 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 LLC XTXV Management.
- Total raised
- $595,834Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 15, 2023
- Minimum investment
- $100,000
- 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
- LLC XTXV Management
- Latest Form D
- Mar 23, 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 Acernis Ventures V, LP
What is the minimum investment for Acernis Ventures V, LP?
According to its latest Form D, filed Mar 23, 2023, the minimum investment Acernis Ventures V, LP accepts from an outside investor is $100,000.
Who can invest in Acernis Ventures V, LP?
Acernis Ventures V, LP 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 Acernis Ventures V, LP raised?
Acernis Ventures V, LP reports $595,834 sold from 8 investors on its Form D filed Mar 23, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Acernis Ventures V, LP based?
Acernis Ventures V, LP is based in Salt Lake City, Utah.
When did Acernis Ventures V, LP launch?
Acernis Ventures V, LP reports its first sale in Mar 2023.
Size compared with every venture capital fund
Raised more than 28% of the 115 venture capital funds based in Utah, and more than 52% of all 14,800 that report sales.