AltMountain

Commerce Ventures, L.P.

San Francisco, CA · CIK 1569693
Status: no Form D since Feb 2014. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Commerce Ventures, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Feb 14, 2014, it has sold $13,316,753 of interests to 36 investors since its first sale in Feb 2013. 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 Dan Rosen.

Total raised
$13,316,753Cumulative sales reported on Form D
Investors
36
First sale
Feb 15, 2013
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
Dan Rosen
Latest Form D
Feb 14, 2014

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 Ventures, L.P.

What is the minimum investment for Commerce Ventures, L.P.?

Commerce Ventures, L.P.'s latest Form D, filed Feb 14, 2014, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Commerce Ventures, L.P.?

Commerce Ventures, 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 Commerce Ventures, L.P. raised?

Commerce Ventures, L.P. reports $13,316,753 sold from 36 investors on its Form D filed Feb 14, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Commerce Ventures, L.P. based?

Commerce Ventures, L.P. is based in San Francisco, California.

When did Commerce Ventures, L.P. launch?

Commerce Ventures, L.P. reports its first sale in Feb 2013.

Size compared with every venture capital fund

Raised more than 78% of the 2,193 venture capital funds based in California, and more than 90% of all 14,732 that report sales.

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