CrowdSmart SmartCommerce Fund I, LLC
CrowdSmart SmartCommerce Fund I, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Feb 21, 2019, it has sold $29,000 of interests to 7 investors since its first sale in Dec 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 Maxine Rosenfelt; Irving Levin; Eugene Rosenfelt.
- Total raised
- $29,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Dec 12, 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
- Maxine Rosenfelt; Irving Levin; Eugene Rosenfelt
- Latest Form D
- Feb 21, 2019
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 SmartCommerce Fund I, LLC
What is the minimum investment for CrowdSmart SmartCommerce Fund I, LLC?
According to its latest Form D, filed Feb 21, 2019, the minimum investment CrowdSmart SmartCommerce Fund I, LLC accepts from an outside investor is $1,000.
Who can invest in CrowdSmart SmartCommerce Fund I, LLC?
CrowdSmart SmartCommerce 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 SmartCommerce Fund I, LLC raised?
CrowdSmart SmartCommerce Fund I, LLC reports $29,000 sold from 7 investors on its Form D filed Feb 21, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is CrowdSmart SmartCommerce Fund I, LLC based?
CrowdSmart SmartCommerce Fund I, LLC is based in San Francisco, California.
When did CrowdSmart SmartCommerce Fund I, LLC launch?
CrowdSmart SmartCommerce Fund I, LLC reports its first sale in Dec 2018.
Size compared with every venture capital fund
Raised more than 39% of the 2,216 venture capital funds based in California, and more than 2% of all 14,800 that report sales.