AltMountain

BR Ventures I, LLLP

Los Angeles, CA · CIK 1767653
Status: no Form D since Mar 2019. 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.

BR Ventures I, LLLP is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Mar 19, 2019, it has sold $1,625,100 of interests to 33 investors since its first sale in Mar 2019. 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. Related persons named in the filing include Alex Ashbaugh.

Total raised
$1,625,100Cumulative sales reported on Form D
Investors
33
First sale
Mar 6, 2019
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
Alex Ashbaugh
Latest Form D
Mar 19, 2019

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 BR Ventures I, LLLP

What is the minimum investment for BR Ventures I, LLLP?

According to its latest Form D, filed Mar 19, 2019, the minimum investment BR Ventures I, LLLP accepts from an outside investor is $10,000.

Who can invest in BR Ventures I, LLLP?

BR Ventures I, LLLP 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 BR Ventures I, LLLP raised?

BR Ventures I, LLLP reports $1,625,100 sold from 33 investors on its Form D filed Mar 19, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is BR Ventures I, LLLP based?

BR Ventures I, LLLP is based in Los Angeles, California.

When did BR Ventures I, LLLP launch?

BR Ventures I, LLLP reports its first sale in Mar 2019.

Size compared with every venture capital fund

Raised more than 54% of the 2,224 venture capital funds based in California, and more than 68% of all 14,840 that report sales.

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