AVGSF - BlockFi 2020 is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Aug 24, 2020, it has sold $430,000 of interests to 8 investors since its first sale in Aug 2020. 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. Related persons named in the filing include Michael Collins.
- Total raised
- $430,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Aug 14, 2020
- 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
- Aug 24, 2020
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 AVGSF - BlockFi 2020
What is the minimum investment for AVGSF - BlockFi 2020?
According to its latest Form D, filed Aug 24, 2020, the minimum investment AVGSF - BlockFi 2020 accepts from an outside investor is $25,000.
Who can invest in AVGSF - BlockFi 2020?
AVGSF - BlockFi 2020 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 AVGSF - BlockFi 2020 raised?
AVGSF - BlockFi 2020 reports $430,000 sold from 8 investors on its Form D filed Aug 24, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is AVGSF - BlockFi 2020 based?
AVGSF - BlockFi 2020 is based in Boston, Massachusetts.
When did AVGSF - BlockFi 2020 launch?
AVGSF - BlockFi 2020 reports its first sale in Aug 2020.
Size compared with every venture capital fund
Raised more than 49% of the 529 venture capital funds based in Massachusetts, and more than 46% of all 14,829 that report sales.