Flywheel New Ventures 2017 LLC is a private investment fund based in Winston Salem, United States. According to its most recent Form D, filed Jun 21, 2017, it has sold $120,000 of interests to 11 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $10,000. 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 Peter Marsh; Brad Bennett.
- Total raised
- $120,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- May 31, 2017
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Peter Marsh; Brad Bennett
- Latest Form D
- Jun 21, 2017
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 Flywheel New Ventures 2017 LLC
What is the minimum investment for Flywheel New Ventures 2017 LLC?
According to its latest Form D, filed Jun 21, 2017, the minimum investment Flywheel New Ventures 2017 LLC accepts from an outside investor is $10,000.
Who can invest in Flywheel New Ventures 2017 LLC?
Flywheel New Ventures 2017 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 Flywheel New Ventures 2017 LLC raised?
Flywheel New Ventures 2017 LLC reports $120,000 sold from 11 investors on its Form D filed Jun 21, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Flywheel New Ventures 2017 LLC based?
Flywheel New Ventures 2017 LLC is based in Winston Salem, United States.
When did Flywheel New Ventures 2017 LLC launch?
Flywheel New Ventures 2017 LLC reports its first sale in May 2017.
Size compared with every private investment fund
Raised more than 0% of the 2 private investment funds based in United States, and more than 3% of all 10,333 that report sales.