AltMountain

Comstock Fund 3 LLC

Scottsdale, AZ · CIK 1963228
Status: no Form D since Jan 2023. 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.

Comstock Fund 3 LLC is a venture capital fund based in Scottsdale, Arizona. According to its most recent Form D, filed Jan 27, 2023, it has sold $370,000 of interests to 11 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 We Will Ventures LLC; Carter Comstock.

Total raised
$370,000Cumulative sales reported on Form D
Investors
11
First sale
Aug 17, 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
We Will Ventures LLC; Carter Comstock
Latest Form D
Jan 27, 2023

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 Comstock Fund 3 LLC

What is the minimum investment for Comstock Fund 3 LLC?

Comstock Fund 3 LLC's latest Form D, filed Jan 27, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Comstock Fund 3 LLC?

Comstock Fund 3 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 Comstock Fund 3 LLC raised?

Comstock Fund 3 LLC reports $370,000 sold from 11 investors on its Form D filed Jan 27, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Comstock Fund 3 LLC based?

Comstock Fund 3 LLC is based in Scottsdale, Arizona.

When did Comstock Fund 3 LLC launch?

Comstock Fund 3 LLC reports its first sale in Aug 2022.

Size compared with every venture capital fund

Raised more than 56% of the 34 venture capital funds based in Arizona, and more than 43% of all 14,835 that report sales.

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