Draft Ventures II, LP - D1 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Jan 26, 2024, it has sold $518,620 of interests to 24 investors since its first sale in Oct 2023. The minimum investment it accepts from an outside investor is $548. 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
- $518,620Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Oct 1, 2023
- Minimum investment
- $548
- 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
- Jan 26, 2024
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 - D1
What is the minimum investment for Draft Ventures II, LP - D1?
According to its latest Form D, filed Jan 26, 2024, the minimum investment Draft Ventures II, LP - D1 accepts from an outside investor is $548.
Who can invest in Draft Ventures II, LP - D1?
Draft Ventures II, LP - D1 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 - D1 raised?
Draft Ventures II, LP - D1 reports $518,620 sold from 24 investors on its Form D filed Jan 26, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Draft Ventures II, LP - D1 based?
Draft Ventures II, LP - D1 is based in Seattle, Washington.
When did Draft Ventures II, LP - D1 launch?
Draft Ventures II, LP - D1 reports its first sale in Oct 2023.
Size compared with every venture capital fund
Raised more than 73% of the 5,429 venture capital funds based in Washington, and more than 50% of all 14,840 that report sales.