CrowdSmart Simpleforms Fund I, LLC
CrowdSmart Simpleforms 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 5 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 Markus Guehrs; Maxine Rosenfeld; Eugene Rosenfeld.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 4, 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
- Markus Guehrs; Maxine Rosenfeld; Eugene Rosenfeld
- 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 Simpleforms Fund I, LLC
What is the minimum investment for CrowdSmart Simpleforms Fund I, LLC?
According to its latest Form D, filed Oct 30, 2018, the minimum investment CrowdSmart Simpleforms Fund I, LLC accepts from an outside investor is $1,000.
Who can invest in CrowdSmart Simpleforms Fund I, LLC?
CrowdSmart Simpleforms 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 Simpleforms Fund I, LLC raised?
CrowdSmart Simpleforms Fund I, LLC reports $100,000 sold from 5 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 Simpleforms Fund I, LLC based?
CrowdSmart Simpleforms Fund I, LLC is based in San Francisco, California.
When did CrowdSmart Simpleforms Fund I, LLC launch?
CrowdSmart Simpleforms Fund I, LLC reports its first sale in Jun 2018.
Size compared with every venture capital fund
Raised more than 40% of the 2,215 venture capital funds based in California, and more than 15% of all 14,820 that report sales.