AV Blockchain & Fintech Fund 5, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Oct 1, 2024, it has sold $62,500 of interests to 3 investors since its first sale in Sep 2024. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Collins.
- Total raised
- $62,500Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 30, 2024
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Michael Collins
- Latest Form D
- Oct 1, 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 AV Blockchain & Fintech Fund 5, LLC
What is the minimum investment for AV Blockchain & Fintech Fund 5, LLC?
According to its latest Form D, filed Oct 1, 2024, the minimum investment AV Blockchain & Fintech Fund 5, LLC accepts from an outside investor is $25,000.
Who can invest in AV Blockchain & Fintech Fund 5, LLC?
AV Blockchain & Fintech Fund 5, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has AV Blockchain & Fintech Fund 5, LLC raised?
AV Blockchain & Fintech Fund 5, LLC reports $62,500 sold from 3 investors on its Form D filed Oct 1, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is AV Blockchain & Fintech Fund 5, LLC based?
AV Blockchain & Fintech Fund 5, LLC is based in Boston, Massachusetts.
When did AV Blockchain & Fintech Fund 5, LLC launch?
AV Blockchain & Fintech Fund 5, LLC reports its first sale in Sep 2024, 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 32% of the 540 venture capital funds based in Massachusetts, and more than 8% of all 15,160 that report sales.