BCGConvexSomite1, LLC is a venture capital fund based in Miami, Florida. According to its most recent Form D, filed Jan 21, 2025, it has sold $465,000 of interests to 4 investors since its first sale in Oct 2023. The minimum investment it accepts from an outside investor is $10,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Blayke Hale; BC Growth Equity, LLC.
- Total raised
- $465,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 12, 2023
- Minimum investment
- $10,000
- 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
- Blayke Hale; BC Growth Equity, LLC
- Latest Form D
- Jan 21, 2025
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 BCGConvexSomite1, LLC
What is the minimum investment for BCGConvexSomite1, LLC?
According to its latest Form D, filed Jan 21, 2025, the minimum investment BCGConvexSomite1, LLC accepts from an outside investor is $10,000.
Who can invest in BCGConvexSomite1, LLC?
BCGConvexSomite1, 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 BCGConvexSomite1, LLC raised?
BCGConvexSomite1, LLC reports $465,000 sold from 4 investors on its Form D filed Jan 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is BCGConvexSomite1, LLC based?
BCGConvexSomite1, LLC is based in Miami, Florida.
When did BCGConvexSomite1, LLC launch?
BCGConvexSomite1, LLC reports its first sale in Oct 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 43% of the 585 venture capital funds based in Florida, and more than 47% of all 15,160 that report sales.