Floating Point Shopper, LLC is a venture capital fund based in Cambridge, Massachusetts. According to its most recent Form D, filed Dec 23, 2021, it has sold $2,200,000 of interests to 1 investor since its first sale in Dec 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 John Loser; Edward Segel; Floating Point GP I, LLC.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Dec 8, 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
- John Loser; Edward Segel; 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 Shopper, LLC
What is the minimum investment for Floating Point Shopper, LLC?
Floating Point Shopper, 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 Shopper, LLC?
Floating Point Shopper, 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 Shopper, LLC raised?
Floating Point Shopper, LLC reports $2,200,000 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 Shopper, LLC based?
Floating Point Shopper, LLC is based in Cambridge, Massachusetts.
When did Floating Point Shopper, LLC launch?
Floating Point Shopper, LLC reports its first sale in Dec 2021.
Size compared with every venture capital fund
Raised more than 73% of the 531 venture capital funds based in Massachusetts, and more than 72% of all 14,820 that report sales.