B941, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Oct 9, 2015, it has sold $5,875,660 of interests to 16 investors since its first sale in Oct 2015. The minimum investment it accepts from an outside investor is $5,000. 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 406 Ventures I GP, L.P; Liam Donohue; Maria Cirino.
- Total raised
- $5,875,660Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Oct 2, 2015
- Minimum investment
- $5,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- 406 Ventures I GP, L.P; Liam Donohue; Maria Cirino
- Latest Form D
- Oct 9, 2015
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 B941, LLC
What is the minimum investment for B941, LLC?
According to its latest Form D, filed Oct 9, 2015, the minimum investment B941, LLC accepts from an outside investor is $5,000.
Who can invest in B941, LLC?
B941, 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 B941, LLC raised?
B941, LLC reports $5,875,660 sold from 16 investors on its Form D filed Oct 9, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is B941, LLC based?
B941, LLC is based in Boston, Massachusetts.
When did B941, LLC launch?
B941, LLC reports its first sale in Oct 2015.
Size compared with every venture capital fund
Raised more than 80% of the 531 venture capital funds based in Massachusetts, and more than 84% of all 14,820 that report sales.