AITV IoT II, LP
AITV IoT II, LP is a venture capital fund based in La Jolla, California. According to its most recent Form D, filed Dec 6, 2016, it has sold $4,075,000 of interests to 12 investors since its first sale in Dec 2016. 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 Brian Nugent; Accelerate-IT Ventures GP, LLC; AITV IoT II GP LLC.
- Total raised
- $4,075,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Dec 1, 2016
- 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
- Brian Nugent; Accelerate-IT Ventures GP, LLC; AITV IoT II GP LLC
- Latest Form D
- Dec 6, 2016
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 AITV IoT II, LP
What is the minimum investment for AITV IoT II, LP?
AITV IoT II, LP's latest Form D, filed Dec 6, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in AITV IoT II, LP?
AITV IoT II, 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 AITV IoT II, LP raised?
AITV IoT II, LP reports $4,075,000 sold from 12 investors on its Form D filed Dec 6, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is AITV IoT II, LP based?
AITV IoT II, LP is based in La Jolla, California.
When did AITV IoT II, LP launch?
AITV IoT II, LP reports its first sale in Dec 2016.
Size compared with every venture capital fund
Raised more than 65% of the 2,222 venture capital funds based in California, and more than 79% of all 14,829 that report sales.