Floating Point WashCo, LLC is a venture capital fund based in Cambridge, Massachusetts. According to its most recent Form D, filed Apr 20, 2022, it has sold $3,500,000 of interests to 1 investor since its first sale in Mar 2022. 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 Floating Point GP I, LLC; John Loser; Edward Segel.
- Total raised
- $3,500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 24, 2022
- 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
- Floating Point GP I, LLC; John Loser; Edward Segel
- Latest Form D
- Apr 20, 2022
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 WashCo, LLC
What is the minimum investment for Floating Point WashCo, LLC?
Floating Point WashCo, LLC's latest Form D, filed Apr 20, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Floating Point WashCo, LLC?
Floating Point WashCo, 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 WashCo, LLC raised?
Floating Point WashCo, LLC reports $3,500,000 sold from 1 investor on its Form D filed Apr 20, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Floating Point WashCo, LLC based?
Floating Point WashCo, LLC is based in Cambridge, Massachusetts.
When did Floating Point WashCo, LLC launch?
Floating Point WashCo, LLC reports its first sale in Mar 2022.
Size compared with every venture capital fund
Raised more than 76% of the 530 venture capital funds based in Massachusetts, and more than 78% of all 14,835 that report sales.