Fonality E1 Partners, LLC
Fonality E1 Partners, LLC is a venture capital fund based in Hillsborough, California. According to its most recent Form D, filed Feb 20, 2015, it has sold $900,000 of interests to 5 investors since its first sale in Feb 2015. The minimum investment it accepts from an outside investor is $100,000. 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 Free Sky Effective Partners, LLC; Gregory Back; Kurtis Fechtmeyer.
- Total raised
- $900,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 5, 2015
- Minimum investment
- $100,000
- 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
- Free Sky Effective Partners, LLC; Gregory Back; Kurtis Fechtmeyer
- Latest Form D
- Feb 20, 2015
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 Fonality E1 Partners, LLC
What is the minimum investment for Fonality E1 Partners, LLC?
According to its latest Form D, filed Feb 20, 2015, the minimum investment Fonality E1 Partners, LLC accepts from an outside investor is $100,000.
Who can invest in Fonality E1 Partners, LLC?
Fonality E1 Partners, 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 Fonality E1 Partners, LLC raised?
Fonality E1 Partners, LLC reports $900,000 sold from 5 investors on its Form D filed Feb 20, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Fonality E1 Partners, LLC based?
Fonality E1 Partners, LLC is based in Hillsborough, California.
When did Fonality E1 Partners, LLC launch?
Fonality E1 Partners, LLC reports its first sale in Feb 2015.
Size compared with every venture capital fund
Raised more than 49% of the 2,215 venture capital funds based in California, and more than 59% of all 14,820 that report sales.