Foley Ventures III LLC
Foley Ventures III LLC is a venture capital fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Dec 3, 2014, it has sold $2,100,000 of interests to 43 investors since its first sale in Nov 2014. The minimum investment it accepts from an outside investor is $25,000. 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 Steven Barth; Martin Traber; Paul Wrycha.
- Total raised
- $2,100,000Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Nov 21, 2014
- Minimum investment
- $25,000
- 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
- Steven Barth; Martin Traber; Paul Wrycha
- Latest Form D
- Dec 3, 2014
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 Foley Ventures III LLC
What is the minimum investment for Foley Ventures III LLC?
According to its latest Form D, filed Dec 3, 2014, the minimum investment Foley Ventures III LLC accepts from an outside investor is $25,000.
Who can invest in Foley Ventures III LLC?
Foley Ventures III 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 Foley Ventures III LLC raised?
Foley Ventures III LLC reports $2,100,000 sold from 43 investors on its Form D filed Dec 3, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Foley Ventures III LLC based?
Foley Ventures III LLC is based in Milwaukee, Wisconsin.
When did Foley Ventures III LLC launch?
Foley Ventures III LLC reports its first sale in Nov 2014.
Size compared with every venture capital fund
Raised more than 67% of the 18 venture capital funds based in Wisconsin, and more than 72% of all 14,865 that report sales.