Breakaway EBF, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Apr 13, 2016, it has sold $600,000 of interests to 1 investor since its first sale in Mar 2016. 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 Breakaway Ventures Management, LLC; Dennis Baldwin; Breakaway EBF Manager, LLC.
- Total raised
- $600,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 31, 2016
- 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
- Breakaway Ventures Management, LLC; Dennis Baldwin; Breakaway EBF Manager, LLC
- Latest Form D
- Apr 13, 2016
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 Breakaway EBF, LLC
What is the minimum investment for Breakaway EBF, LLC?
Breakaway EBF, LLC's latest Form D, filed Apr 13, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Breakaway EBF, LLC?
Breakaway EBF, LLC 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 Breakaway EBF, LLC raised?
Breakaway EBF, LLC reports $600,000 sold from 1 investor on its Form D filed Apr 13, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Breakaway EBF, LLC based?
Breakaway EBF, LLC is based in Boston, Massachusetts.
When did Breakaway EBF, LLC launch?
Breakaway EBF, LLC reports its first sale in Mar 2016.
Size compared with every venture capital fund
Raised more than 54% of the 531 venture capital funds based in Massachusetts, and more than 52% of all 14,820 that report sales.