Founder Equity Fund I, LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Jan 23, 2019, it has sold $26,595,024 of interests to 117 investors since its first sale in Jul 2013. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include none] Founder Equity, LLC; Matthew Anarde; Sean Johnson.
- Total raised
- $26,595,024Cumulative sales reported on Form D
- Investors
- 117
- First sale
- Jul 25, 2013
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- none] Founder Equity, LLC; Matthew Anarde; Sean Johnson
- Latest Form D
- Jan 23, 2019
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 Founder Equity Fund I, LLC
What is the minimum investment for Founder Equity Fund I, LLC?
Founder Equity Fund I, LLC's latest Form D, filed Jan 23, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Founder Equity Fund I, LLC?
Founder Equity Fund I, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Founder Equity Fund I, LLC raised?
Founder Equity Fund I, LLC reports $26,595,024 sold from 117 investors on its Form D filed Jan 23, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Founder Equity Fund I, LLC based?
Founder Equity Fund I, LLC is based in Chicago, Illinois.
When did Founder Equity Fund I, LLC launch?
Founder Equity Fund I, LLC reports its first sale in Jul 2013.
Size compared with every venture capital fund
Raised more than 86% of the 148 venture capital funds based in Illinois, and more than 94% of all 14,865 that report sales.