Community Fund I, LLC
Community Fund I, LLC is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Mar 9, 2018, it has sold $5,000,000 of interests to 1 investor since its first sale in Mar 2018. 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 Mark Suster; Upfront GP VI, LLC; Upfront Ventures Management, LLC.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 2, 2018
- 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
- Mark Suster; Upfront GP VI, LLC; Upfront Ventures Management, LLC
- Latest Form D
- Mar 9, 2018
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 Community Fund I, LLC
What is the minimum investment for Community Fund I, LLC?
Community Fund I, LLC's latest Form D, filed Mar 9, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Community Fund I, LLC?
Community Fund I, 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 Community Fund I, LLC raised?
Community Fund I, LLC reports $5,000,000 sold from 1 investor on its Form D filed Mar 9, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Community Fund I, LLC based?
Community Fund I, LLC is based in Santa Monica, California.
When did Community Fund I, LLC launch?
Community Fund I, LLC reports its first sale in Mar 2018.
Size compared with every venture capital fund
Raised more than 67% of the 2,227 venture capital funds based in California, and more than 81% of all 14,865 that report sales.