AVSF - Brightside 2022, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Oct 28, 2022, it has sold $2,686,375 of interests to 174 investors since its first sale in Aug 2022. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Collins.
- Total raised
- $2,686,375Cumulative sales reported on Form D
- Investors
- 174
- First sale
- Aug 29, 2022
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Collins
- Latest Form D
- Oct 28, 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Oct 28, 2022 | Amendment | $2,686,375 | 174 | SEC.gov ↗ |
| Sep 13, 2022 | First notice | $1,265,875 | 82 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Sep 13, 2022. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about AVSF - Brightside 2022, LLC
What is the minimum investment for AVSF - Brightside 2022, LLC?
According to its latest Form D, filed Oct 28, 2022, the minimum investment AVSF - Brightside 2022, LLC accepts from an outside investor is $5,000.
Who can invest in AVSF - Brightside 2022, LLC?
AVSF - Brightside 2022, 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(b), which does not allow general advertising.
How much has AVSF - Brightside 2022, LLC raised?
AVSF - Brightside 2022, LLC reports $2,686,375 sold from 174 investors on its Form D filed Oct 28, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is AVSF - Brightside 2022, LLC based?
AVSF - Brightside 2022, LLC is based in Boston, Massachusetts.
When did AVSF - Brightside 2022, LLC launch?
AVSF - Brightside 2022, LLC reports its first sale in Aug 2022.
Size compared with every venture capital fund
Raised more than 74% of the 531 venture capital funds based in Massachusetts, and more than 75% of all 14,865 that report sales.