BSV Fund X LLC is a venture capital fund based in Dallas, Texas. According to its most recent Form D, filed Jan 4, 2024, it has sold $8,461,500 of interests to 162 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $5,000. 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 Kevin Vela; Sammy Abdullah.
- Total raised
- $8,461,500Cumulative sales reported on Form D
- Investors
- 162
- First sale
- Mar 14, 2023
- Minimum investment
- $5,000
- 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
- Kevin Vela; Sammy Abdullah
- Latest Form D
- Jan 4, 2024
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 X LLC
What is the minimum investment for BSV Fund X LLC?
According to its latest Form D, filed Jan 4, 2024, the minimum investment BSV Fund X LLC accepts from an outside investor is $5,000.
Who can invest in BSV Fund X LLC?
BSV Fund X 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 X LLC raised?
BSV Fund X LLC reports $8,461,500 sold from 162 investors on its Form D filed Jan 4, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is BSV Fund X LLC based?
BSV Fund X LLC is based in Dallas, Texas.
When did BSV Fund X LLC launch?
BSV Fund X LLC reports its first sale in Mar 2023.
Size compared with every venture capital fund
Raised more than 82% of the 489 venture capital funds based in Texas, and more than 86% of all 14,840 that report sales.