BSV Fund IV LLC is a venture capital fund based in Dallas, Texas. According to its most recent Form D, filed Dec 4, 2017, it has sold $3,500,000 of interests to 98 investors since its first sale in Feb 2017. The minimum investment it accepts from an outside investor is $2,500. 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 Sammy Abdullah; Kevin Vela.
- Total raised
- $3,500,000Cumulative sales reported on Form D
- Investors
- 98
- First sale
- Feb 3, 2017
- Minimum investment
- $2,500
- 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
- Sammy Abdullah; Kevin Vela
- Latest Form D
- Dec 4, 2017
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 BSV Fund IV LLC
What is the minimum investment for BSV Fund IV LLC?
According to its latest Form D, filed Dec 4, 2017, the minimum investment BSV Fund IV LLC accepts from an outside investor is $2,500.
Who can invest in BSV Fund IV LLC?
BSV Fund IV 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 BSV Fund IV LLC raised?
BSV Fund IV LLC reports $3,500,000 sold from 98 investors on its Form D filed Dec 4, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is BSV Fund IV LLC based?
BSV Fund IV LLC is based in Dallas, Texas.
When did BSV Fund IV LLC launch?
BSV Fund IV LLC reports its first sale in Feb 2017.
Size compared with every venture capital fund
Raised more than 68% of the 487 venture capital funds based in Texas, and more than 78% of all 14,800 that report sales.