Alpha Ascent Advance LLC
Alpha Ascent Advance LLC is a venture capital fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Apr 13, 2022, it has sold $750,000 of interests to 7 investors since its first sale in Mar 2022. 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 Eric Greenberg; Alpha Ascent Ventures LLC; Alpha Ascent Advance Manager LLC.
- Total raised
- $750,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Mar 30, 2022
- 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
- Eric Greenberg; Alpha Ascent Ventures LLC; Alpha Ascent Advance Manager LLC
- Latest Form D
- Apr 13, 2022
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 Alpha Ascent Advance LLC
What is the minimum investment for Alpha Ascent Advance LLC?
Alpha Ascent Advance LLC's latest Form D, filed Apr 13, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Alpha Ascent Advance LLC?
Alpha Ascent Advance LLC 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 Alpha Ascent Advance LLC raised?
Alpha Ascent Advance LLC reports $750,000 sold from 7 investors on its Form D filed Apr 13, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Alpha Ascent Advance LLC based?
Alpha Ascent Advance LLC is based in Philadelphia, Pennsylvania.
When did Alpha Ascent Advance LLC launch?
Alpha Ascent Advance LLC reports its first sale in Mar 2022.
Size compared with every venture capital fund
Raised more than 50% of the 76 venture capital funds based in Pennsylvania, and more than 56% of all 14,875 that report sales.