BuildGroup Syndicate Three LLC is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Aug 23, 2022, it has sold $200,795 of interests to 9 investors since its first sale in Aug 2022. 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 LLC BuildGroup Management.
- Total raised
- $200,795Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Aug 10, 2022
- 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
- LLC BuildGroup Management
- Latest Form D
- Aug 23, 2022
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 BuildGroup Syndicate Three LLC
What is the minimum investment for BuildGroup Syndicate Three LLC?
BuildGroup Syndicate Three LLC's latest Form D, filed Aug 23, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BuildGroup Syndicate Three LLC?
BuildGroup Syndicate Three 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 BuildGroup Syndicate Three LLC raised?
BuildGroup Syndicate Three LLC reports $200,795 sold from 9 investors on its Form D filed Aug 23, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is BuildGroup Syndicate Three LLC based?
BuildGroup Syndicate Three LLC is based in Austin, Texas.
When did BuildGroup Syndicate Three LLC launch?
BuildGroup Syndicate Three LLC reports its first sale in Aug 2022.
Size compared with every venture capital fund
Raised more than 38% of the 489 venture capital funds based in Texas, and more than 30% of all 14,829 that report sales.