Diem-V, LLC is a venture capital fund based in Miami Beach, Florida. According to its most recent Form D, filed Jan 8, 2025, it has sold $850,000 of interests to 2 investors since its first sale in Apr 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Max Shevlin; Diem-V GP, LLC; Diem Investments, LLC.
- Total raised
- $850,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 10, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Max Shevlin; Diem-V GP, LLC; Diem Investments, LLC
- Latest Form D
- Jan 8, 2025
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 Diem-V, LLC
What is the minimum investment for Diem-V, LLC?
Diem-V, LLC's latest Form D, filed Jan 8, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Diem-V, LLC?
Diem-V, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Diem-V, LLC raised?
Diem-V, LLC reports $850,000 sold from 2 investors on its Form D filed Jan 8, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Diem-V, LLC based?
Diem-V, LLC is based in Miami Beach, Florida and is managed by Diem Investments, LLC.
When did Diem-V, LLC launch?
Diem-V, LLC reports its first sale in Apr 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 47% of the 585 venture capital funds based in Florida, and more than 58% of all 15,160 that report sales.