Floating Point Firefly, LLC is a venture capital fund based in Cambridge. According to its most recent Form D, filed Dec 23, 2021, it has sold $2,000,000 of interests to 1 investor since its first sale in Sep 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Edward Segel; John Loser; Floating Point GP I, LLC.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 24, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Edward Segel; John Loser; Floating Point GP I, LLC
- Latest Form D
- Dec 23, 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 Floating Point Firefly, LLC
What is the minimum investment for Floating Point Firefly, LLC?
Floating Point Firefly, LLC's latest Form D, filed Dec 23, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Floating Point Firefly, LLC?
Floating Point Firefly, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Floating Point Firefly, LLC raised?
Floating Point Firefly, LLC reports $2,000,000 sold from 1 investor on its Form D filed Dec 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Floating Point Firefly, LLC based?
Floating Point Firefly, LLC is based in Cambridge.
When did Floating Point Firefly, LLC launch?
Floating Point Firefly, LLC reports its first sale in Sep 2021.