AltMountain

Character VC 2, L.P.

Milwaukee, WI · CIK 2003432 · Managed by Character Capital LLC

Character VC 2, L.P. is a venture capital fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Dec 16, 2024, it has sold $51,950,000 of interests to 78 investors since its first sale in Nov 2023. 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 John Knapp; John Zeratsky; Character VC GP 2, LLC.

Total raised
$51,950,000Cumulative sales reported on Form D
Investors
78
First sale
Nov 30, 2023
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
John Knapp; John Zeratsky; Character VC GP 2, LLC
Latest Form D
Dec 16, 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 Character VC 2, L.P.

What is the minimum investment for Character VC 2, L.P.?

Character VC 2, L.P.'s latest Form D, filed Dec 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Character VC 2, L.P.?

Character VC 2, L.P. 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 Character VC 2, L.P. raised?

Character VC 2, L.P. reports $51,950,000 sold from 78 investors on its Form D filed Dec 16, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Character VC 2, L.P. based?

Character VC 2, L.P. is based in Milwaukee, Wisconsin and is managed by Character Capital LLC.

When did Character VC 2, L.P. launch?

Character VC 2, L.P. reports its first sale in Nov 2023.

Size compared with every venture capital fund

Raised more than 89% of the 19 venture capital funds based in Wisconsin, and more than 96% of all 15,160 that report sales.

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