Forest Mobility Fund LLC
Forest Mobility Fund LLC is a venture capital fund based in Redwood City, California. According to its most recent Form D, filed Jul 9, 2021, it has sold $928,000 of interests to 19 investors since its first sale in May 2020. The filing does not set a minimum investment. 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 Kai Chen; Forest Vc.
- Total raised
- $928,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- May 29, 2020
- Minimum investment
- None set
- 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
- Kai Chen; Forest Vc
- Latest Form D
- Jul 9, 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 Forest Mobility Fund LLC
What is the minimum investment for Forest Mobility Fund LLC?
Forest Mobility Fund LLC's latest Form D, filed Jul 9, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Forest Mobility Fund LLC?
Forest Mobility Fund 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 Forest Mobility Fund LLC raised?
Forest Mobility Fund LLC reports $928,000 sold from 19 investors on its Form D filed Jul 9, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Forest Mobility Fund LLC based?
Forest Mobility Fund LLC is based in Redwood City, California.
When did Forest Mobility Fund LLC launch?
Forest Mobility Fund LLC reports its first sale in May 2020.
Size compared with every venture capital fund
Raised more than 49% of the 2,224 venture capital funds based in California, and more than 59% of all 14,835 that report sales.