Builders Fund II LP
Builders Fund II LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Aug 26, 2021, it has sold $20,850,000 of interests to 33 investors since its first sale in Nov 2020. The filing does not set a minimum investment. 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 General Partner Builders II GP LLC; Tripp Baird.
- Total raised
- $20,850,000Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Nov 16, 2020
- Minimum investment
- None set
- 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
- General Partner Builders II GP LLC; Tripp Baird
- Latest Form D
- Aug 26, 2021
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 Builders Fund II LP
What is the minimum investment for Builders Fund II LP?
Builders Fund II LP's latest Form D, filed Aug 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Builders Fund II LP?
Builders Fund II LP 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 Builders Fund II LP raised?
Builders Fund II LP reports $20,850,000 sold from 33 investors on its Form D filed Aug 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Builders Fund II LP based?
Builders Fund II LP is based in San Francisco, California.
When did Builders Fund II LP launch?
Builders Fund II LP reports its first sale in Nov 2020.
Size compared with every venture capital fund
Raised more than 83% of the 2,227 venture capital funds based in California, and more than 92% of all 14,865 that report sales.