AltMountain

BankTech Ventures, LP

Sandy, UT · CIK 1878887
Status: no Form D since Aug 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

BankTech Ventures, LP is a venture capital fund based in Sandy, Utah. According to its most recent Form D, filed Aug 19, 2021, it has sold $1,750,000 of interests to 3 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $250,000. 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 Longship Capital Management, LLC; Longship Partners, LLC.

Total raised
$1,750,000Cumulative sales reported on Form D
Investors
3
First sale
Aug 4, 2021
Minimum investment
$250,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Longship Capital Management, LLC; Longship Partners, LLC
Latest Form D
Aug 19, 2021

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 BankTech Ventures, LP

What is the minimum investment for BankTech Ventures, LP?

According to its latest Form D, filed Aug 19, 2021, the minimum investment BankTech Ventures, LP accepts from an outside investor is $250,000.

Who can invest in BankTech Ventures, LP?

BankTech Ventures, LP 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 BankTech Ventures, LP raised?

BankTech Ventures, LP reports $1,750,000 sold from 3 investors on its Form D filed Aug 19, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is BankTech Ventures, LP based?

BankTech Ventures, LP is based in Sandy, Utah.

When did BankTech Ventures, LP launch?

BankTech Ventures, LP reports its first sale in Aug 2021.

Size compared with every venture capital fund

Raised more than 45% of the 115 venture capital funds based in Utah, and more than 69% of all 14,835 that report sales.

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