AVG Deep Tech Fund 3, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Sep 15, 2022, it has sold $525,000 of interests to 23 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $10,000. 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. Related persons named in the filing include Michael Collins.
- Total raised
- $525,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Nov 30, 2021
- Minimum investment
- $10,000
- 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
- Sep 15, 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 AVG Deep Tech Fund 3, LLC
What is the minimum investment for AVG Deep Tech Fund 3, LLC?
According to its latest Form D, filed Sep 15, 2022, the minimum investment AVG Deep Tech Fund 3, LLC accepts from an outside investor is $10,000.
Who can invest in AVG Deep Tech Fund 3, LLC?
AVG Deep Tech Fund 3, 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 AVG Deep Tech Fund 3, LLC raised?
AVG Deep Tech Fund 3, LLC reports $525,000 sold from 23 investors on its Form D filed Sep 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is AVG Deep Tech Fund 3, LLC based?
AVG Deep Tech Fund 3, LLC is based in Boston, Massachusetts.
When did AVG Deep Tech Fund 3, LLC launch?
AVG Deep Tech Fund 3, LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 52% of the 532 venture capital funds based in Massachusetts, and more than 50% of all 14,875 that report sales.