BSV Fund V LLC is a venture capital fund based in Dallas, Texas. According to its most recent Form D, filed Mar 8, 2018, it has sold $4,235,000 of interests to 99 investors since its first sale in Jan 2018. 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 Sammy Abdullah; Kevin Vela.
- Total raised
- $4,235,000Cumulative sales reported on Form D
- Investors
- 99
- First sale
- Jan 4, 2018
- 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
- Sammy Abdullah; Kevin Vela
- Latest Form D
- Mar 8, 2018
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 V LLC
What is the minimum investment for BSV Fund V LLC?
According to its latest Form D, filed Mar 8, 2018, the minimum investment BSV Fund V LLC accepts from an outside investor is $10,000.
Who can invest in BSV Fund V LLC?
BSV Fund V 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 V LLC raised?
BSV Fund V LLC reports $4,235,000 sold from 99 investors on its Form D filed Mar 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is BSV Fund V LLC based?
BSV Fund V LLC is based in Dallas, Texas.
When did BSV Fund V LLC launch?
BSV Fund V LLC reports its first sale in Jan 2018.
Size compared with every venture capital fund
Raised more than 70% of the 489 venture capital funds based in Texas, and more than 80% of all 14,840 that report sales.