Alpha Ascent Payflow LLC
Alpha Ascent Payflow LLC is a venture capital fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Jul 21, 2023, it has sold $1,950,000 of interests to 12 investors since its first sale in Jun 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 Payflow Manager LLC; Arthur Maloy.
- Total raised
- $1,950,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jun 21, 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 Payflow Manager LLC; Arthur Maloy
- Latest Form D
- Jul 21, 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 Alpha Ascent Payflow LLC
What is the minimum investment for Alpha Ascent Payflow LLC?
Alpha Ascent Payflow LLC's latest Form D, filed Jul 21, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Alpha Ascent Payflow LLC?
Alpha Ascent Payflow 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 Payflow LLC raised?
Alpha Ascent Payflow LLC reports $1,950,000 sold from 12 investors on its Form D filed Jul 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Alpha Ascent Payflow LLC based?
Alpha Ascent Payflow LLC is based in Philadelphia, Pennsylvania.
When did Alpha Ascent Payflow LLC launch?
Alpha Ascent Payflow LLC reports its first sale in Jun 2022.
Size compared with every venture capital fund
Raised more than 63% of the 75 venture capital funds based in Pennsylvania, and more than 70% of all 14,835 that report sales.