BGW Ventures III, LP is a venture capital fund based in Ann Arbor, Michigan. According to its most recent Form D, filed Jun 9, 2021, it has sold $23,070,703 of interests to 24 investors since its first sale in May 2021. The filing does not set a minimum investment. 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 Adam Boyden; Anthony Grover; Marc Weiser.
- Total raised
- $23,070,703Cumulative sales reported on Form D
- Investors
- 24
- First sale
- May 28, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Adam Boyden; Anthony Grover; Marc Weiser
- Latest Form D
- Jun 9, 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 BGW Ventures III, LP
What is the minimum investment for BGW Ventures III, LP?
BGW Ventures III, LP's latest Form D, filed Jun 9, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BGW Ventures III, LP?
BGW Ventures III, 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 BGW Ventures III, LP raised?
BGW Ventures III, LP reports $23,070,703 sold from 24 investors on its Form D filed Jun 9, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is BGW Ventures III, LP based?
BGW Ventures III, LP is based in Ann Arbor, Michigan.
When did BGW Ventures III, LP launch?
BGW Ventures III, LP reports its first sale in May 2021.
Size compared with every venture capital fund
Raised more than 97% of the 29 venture capital funds based in Michigan, and more than 93% of all 14,865 that report sales.