Activate Ventures III LP
Activate Ventures III LP is a venture capital fund based in Bethlehem, Pennsylvania. According to its most recent Form D, filed Feb 21, 2024, it has sold $29,920,000 of interests to 33 investors since its first sale in Feb 2024. 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 Donald Yount; Glen Bressner; Activate III GP LLC.
- Total raised
- $29,920,000Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Feb 5, 2024
- 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
- Donald Yount; Glen Bressner; Activate III GP LLC
- Latest Form D
- Feb 21, 2024
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 Activate Ventures III LP
What is the minimum investment for Activate Ventures III LP?
Activate Ventures III LP's latest Form D, filed Feb 21, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Activate Ventures III LP?
Activate Ventures III LP 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 Activate Ventures III LP raised?
Activate Ventures III LP reports $29,920,000 sold from 33 investors on its Form D filed Feb 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Activate Ventures III LP based?
Activate Ventures III LP is based in Bethlehem, Pennsylvania.
When did Activate Ventures III LP launch?
Activate Ventures III LP reports its first sale in Feb 2024.
Size compared with every venture capital fund
Raised more than 91% of the 75 venture capital funds based in Pennsylvania, and more than 94% of all 14,820 that report sales.