First Launch Capital Fund, LLC
First Launch Capital Fund, LLC is a venture capital fund based in Greensboro, North Carolina. According to its most recent Form D, filed Apr 27, 2021, it has sold $1,030,000 of interests to 38 investors since its first sale in Mar 2019. The minimum investment it accepts from an outside investor is $15,000. 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 Bill Soles; Lou Anne Flanders-Stec; First Launch Capital, LLC.
- Total raised
- $1,030,000Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Mar 1, 2019
- Minimum investment
- $15,000
- 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
- Bill Soles; Lou Anne Flanders-Stec; First Launch Capital, LLC
- Latest Form D
- Apr 27, 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 First Launch Capital Fund, LLC
What is the minimum investment for First Launch Capital Fund, LLC?
According to its latest Form D, filed Apr 27, 2021, the minimum investment First Launch Capital Fund, LLC accepts from an outside investor is $15,000.
Who can invest in First Launch Capital Fund, LLC?
First Launch Capital Fund, 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 First Launch Capital Fund, LLC raised?
First Launch Capital Fund, LLC reports $1,030,000 sold from 38 investors on its Form D filed Apr 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is First Launch Capital Fund, LLC based?
First Launch Capital Fund, LLC is based in Greensboro, North Carolina.
When did First Launch Capital Fund, LLC launch?
First Launch Capital Fund, LLC reports its first sale in Mar 2019.
Size compared with every venture capital fund
Raised more than 63% of the 120 venture capital funds based in North Carolina, and more than 61% of all 14,800 that report sales.