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ECHO Venture Fund I LLC

Philadelphia, PA · CIK 1881766 · Sponsor: ECHO Finance LLC
Status: no Form D since Sep 2021. 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.

ECHO Venture Fund I LLC is a private investment fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Sep 10, 2021, it has sold $4,350,000 of interests to 8 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $150,000. 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 ECHO Finance LLC; Patrick Miller.

Total raised
$4,350,000Cumulative sales reported on Form D
Investors
8
First sale
Aug 27, 2021
Minimum investment
$150,000
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
ECHO Finance LLC; Patrick Miller
Latest Form D
Sep 10, 2021

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 ECHO Venture Fund I LLC

What is the minimum investment for ECHO Venture Fund I LLC?

According to its latest Form D, filed Sep 10, 2021, the minimum investment ECHO Venture Fund I LLC accepts from an outside investor is $150,000.

Who can invest in ECHO Venture Fund I LLC?

ECHO Venture 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 ECHO Venture Fund I LLC raised?

ECHO Venture Fund I LLC reports $4,350,000 sold from 8 investors on its Form D filed Sep 10, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is ECHO Venture Fund I LLC based?

ECHO Venture Fund I LLC is based in Philadelphia, Pennsylvania.

When did ECHO Venture Fund I LLC launch?

ECHO Venture Fund I LLC reports its first sale in Aug 2021.

Size compared with every private investment fund

Raised more than 42% of the 291 private investment funds based in Pennsylvania, and more than 30% of all 10,311 that report sales.

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