Elevar Equity III, L.P. is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Dec 19, 2014, it has sold $34,100,000 of interests to 26 investors since its first sale in Dec 2013. 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(b), which does not permit general solicitation. Related persons named in the filing include Sandeep Farias; Johanna Posada; Maya Chorengel.
- Total raised
- $34,100,000Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Dec 18, 2013
- Minimum investment
- None set
- 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
- Sandeep Farias; Johanna Posada; Maya Chorengel
- Latest Form D
- Dec 19, 2014
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 Elevar Equity III, L.P.
What is the minimum investment for Elevar Equity III, L.P.?
Elevar Equity III, L.P.'s latest Form D, filed Dec 19, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Elevar Equity III, L.P.?
Elevar Equity III, L.P. 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 Elevar Equity III, L.P. raised?
Elevar Equity III, L.P. reports $34,100,000 sold from 26 investors on its Form D filed Dec 19, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Elevar Equity III, L.P. based?
Elevar Equity III, L.P. is based in Seattle, Washington.
When did Elevar Equity III, L.P. launch?
Elevar Equity III, L.P. reports its first sale in Dec 2013.
Size compared with every venture capital fund
Raised more than 100% of the 5,438 venture capital funds based in Washington, and more than 95% of all 14,875 that report sales.