CrowdSmart DirecTech Fund I, LLC
CrowdSmart DirecTech Fund I, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Aug 23, 2018, it has sold $101,550 of interests to 6 investors since its first sale in Dec 2017. The minimum investment it accepts from an outside investor is $1,000. 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 CrowdSmart, Inc; Thomas Kehler; Frederick Campbell.
- Total raised
- $101,550Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 15, 2017
- Minimum investment
- $1,000
- 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
- CrowdSmart, Inc; Thomas Kehler; Frederick Campbell
- Latest Form D
- Aug 23, 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 CrowdSmart DirecTech Fund I, LLC
What is the minimum investment for CrowdSmart DirecTech Fund I, LLC?
According to its latest Form D, filed Aug 23, 2018, the minimum investment CrowdSmart DirecTech Fund I, LLC accepts from an outside investor is $1,000.
Who can invest in CrowdSmart DirecTech Fund I, LLC?
CrowdSmart DirecTech Fund I, 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 CrowdSmart DirecTech Fund I, LLC raised?
CrowdSmart DirecTech Fund I, LLC reports $101,550 sold from 6 investors on its Form D filed Aug 23, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is CrowdSmart DirecTech Fund I, LLC based?
CrowdSmart DirecTech Fund I, LLC is based in San Francisco, California.
When did CrowdSmart DirecTech Fund I, LLC launch?
CrowdSmart DirecTech Fund I, LLC reports its first sale in Dec 2017.
Size compared with every venture capital fund
Raised more than 40% of the 2,222 venture capital funds based in California, and more than 16% of all 14,829 that report sales.