Adversa Investment LLC is a venture capital fund based in Surfside, Florida. According to its most recent Form D, filed Jun 18, 2025, it has sold $200,000 of interests to 3 investors since its first sale in Mar 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include 1948 Ventures LLC; Aaron Kaplowitz.
- Total raised
- $200,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Mar 25, 2025
- 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
- 1948 Ventures LLC; Aaron Kaplowitz
- Latest Form D
- Jun 18, 2025
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 Adversa Investment LLC
What is the minimum investment for Adversa Investment LLC?
Adversa Investment LLC's latest Form D, filed Jun 18, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Adversa Investment LLC?
Adversa Investment 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 Adversa Investment LLC raised?
Adversa Investment LLC reports $200,000 sold from 3 investors on its Form D filed Jun 18, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Adversa Investment LLC based?
Adversa Investment LLC is based in Surfside, Florida.
When did Adversa Investment LLC launch?
Adversa Investment LLC reports its first sale in Mar 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 40% of the 585 venture capital funds based in Florida, and more than 30% of all 15,160 that report sales.