CRSX III, LLC
CRSX III, LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Nov 30, 2020, it has sold $10,250,000 of interests to 48 investors since its first sale in Sep 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Cheung; CRSX III Management, LLC.
- Total raised
- $10,250,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Sep 21, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Cheung; CRSX III Management, LLC
- Latest Form D
- Nov 30, 2020
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 CRSX III, LLC
What is the minimum investment for CRSX III, LLC?
CRSX III, LLC's latest Form D, filed Nov 30, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in CRSX III, LLC?
CRSX III, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has CRSX III, LLC raised?
CRSX III, LLC reports $10,250,000 sold from 48 investors on its Form D filed Nov 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is CRSX III, LLC based?
CRSX III, LLC is based in San Francisco, California.
When did CRSX III, LLC launch?
CRSX III, LLC reports its first sale in Sep 2020.
Size compared with every venture capital fund
Raised more than 75% of the 2,224 venture capital funds based in California, and more than 88% of all 14,840 that report sales.