AltMountain

Draft Ventures II, LP - C1

Seattle, WA · CIK 1948562
506(c)
Status: no Form D since Oct 2022. 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.

Draft Ventures II, LP - C1 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Oct 20, 2022, it has sold $476,543 of interests to 24 investors since its first sale in Oct 2022. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ltd. Belltower Fund Group; LLC Fund GP.

Total raised
$476,543Cumulative sales reported on Form D
Investors
24
First sale
Oct 11, 2022
Minimum investment
$5,000
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
Ltd. Belltower Fund Group; LLC Fund GP
Latest Form D
Oct 20, 2022

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 Draft Ventures II, LP - C1

What is the minimum investment for Draft Ventures II, LP - C1?

According to its latest Form D, filed Oct 20, 2022, the minimum investment Draft Ventures II, LP - C1 accepts from an outside investor is $5,000.

Who can invest in Draft Ventures II, LP - C1?

Draft Ventures II, LP - C1 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 Draft Ventures II, LP - C1 raised?

Draft Ventures II, LP - C1 reports $476,543 sold from 24 investors on its Form D filed Oct 20, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Draft Ventures II, LP - C1 based?

Draft Ventures II, LP - C1 is based in Seattle, Washington.

When did Draft Ventures II, LP - C1 launch?

Draft Ventures II, LP - C1 reports its first sale in Oct 2022.

Size compared with every venture capital fund

Raised more than 71% of the 5,429 venture capital funds based in Washington, and more than 47% of all 14,840 that report sales.

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