Commerce Ivy III, LLC
Commerce Ivy III, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Feb 26, 2021, it has sold $2,512,311 of interests to 3 investors since its first sale in Feb 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dan Rosen; Matt Nichols.
- Total raised
- $2,512,311Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Feb 18, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dan Rosen; Matt Nichols
- Latest Form D
- Feb 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 Commerce Ivy III, LLC
What is the minimum investment for Commerce Ivy III, LLC?
Commerce Ivy III, LLC's latest Form D, filed Feb 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Commerce Ivy III, LLC?
Commerce Ivy III, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Commerce Ivy III, LLC raised?
Commerce Ivy III, LLC reports $2,512,311 sold from 3 investors on its Form D filed Feb 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Commerce Ivy III, LLC based?
Commerce Ivy III, LLC is based in San Francisco, California.
When did Commerce Ivy III, LLC launch?
Commerce Ivy III, LLC reports its first sale in Feb 2021.
Size compared with every venture capital fund
Raised more than 59% of the 2,222 venture capital funds based in California, and more than 74% of all 14,829 that report sales.