Eniac Special Eta LLC
Eniac Special Eta LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Sep 9, 2020, it has sold $2,258,332 of interests to 5 investors since its first sale in Sep 2020. 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 Nihal Mehta; Eniac Ventures III GP, LLC; Dhiraj Singh.
- Total raised
- $2,258,332Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Sep 1, 2020
- 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
- Nihal Mehta; Eniac Ventures III GP, LLC; Dhiraj Singh
- Latest Form D
- Sep 9, 2020
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 Eniac Special Eta LLC
What is the minimum investment for Eniac Special Eta LLC?
Eniac Special Eta LLC's latest Form D, filed Sep 9, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Eniac Special Eta LLC?
Eniac Special Eta 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 Eniac Special Eta LLC raised?
Eniac Special Eta LLC reports $2,258,332 sold from 5 investors on its Form D filed Sep 9, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Eniac Special Eta LLC based?
Eniac Special Eta LLC is based in San Francisco, California.
When did Eniac Special Eta LLC launch?
Eniac Special Eta LLC reports its first sale in Sep 2020.
Size compared with every venture capital fund
Raised more than 58% of the 2,227 venture capital funds based in California, and more than 73% of all 14,865 that report sales.