AltMountain

CrowdSmart InvolveSoft Fund I, LLC

San Francisco, CA · CIK 1749071
Status: no Form D since Oct 2018. 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.

CrowdSmart InvolveSoft Fund I, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Oct 30, 2018, it has sold $100,000 of interests to 6 investors since its first sale in Jun 2018. 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 Frederick Campbell; CrowdSmart, Inc; Kim Polese.

Total raised
$100,000Cumulative sales reported on Form D
Investors
6
First sale
Jun 8, 2018
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
Frederick Campbell; CrowdSmart, Inc; Kim Polese
Latest Form D
Oct 30, 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 InvolveSoft Fund I, LLC

What is the minimum investment for CrowdSmart InvolveSoft Fund I, LLC?

According to its latest Form D, filed Oct 30, 2018, the minimum investment CrowdSmart InvolveSoft Fund I, LLC accepts from an outside investor is $1,000.

Who can invest in CrowdSmart InvolveSoft Fund I, LLC?

CrowdSmart InvolveSoft 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 InvolveSoft Fund I, LLC raised?

CrowdSmart InvolveSoft Fund I, LLC reports $100,000 sold from 6 investors on its Form D filed Oct 30, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is CrowdSmart InvolveSoft Fund I, LLC based?

CrowdSmart InvolveSoft Fund I, LLC is based in San Francisco, California.

When did CrowdSmart InvolveSoft Fund I, LLC launch?

CrowdSmart InvolveSoft Fund I, LLC reports its first sale in Jun 2018.

Size compared with every venture capital fund

Raised more than 40% of the 2,205 venture capital funds based in California, and more than 15% of all 14,800 that report sales.

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