Bascom Ventures Fund 7, LLC is a venture capital fund based in Boston, Massachusetts. Its most recent Form D, filed Feb 1, 2024, reports no sales yet. 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
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- 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
- Feb 1, 2024
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 Bascom Ventures Fund 7, LLC
What is the minimum investment for Bascom Ventures Fund 7, LLC?
According to its latest Form D, filed Feb 1, 2024, the minimum investment Bascom Ventures Fund 7, LLC accepts from an outside investor is $25,000.
Who can invest in Bascom Ventures Fund 7, LLC?
Bascom Ventures Fund 7, 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 Bascom Ventures Fund 7, LLC raised?
Bascom Ventures Fund 7, LLC's latest Form D, filed Feb 1, 2024, reports no sales yet.
Where is Bascom Ventures Fund 7, LLC based?
Bascom Ventures Fund 7, LLC is based in Boston, Massachusetts.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.