Founders Rising, LLC
Founders Rising, LLC is a venture capital fund based in Islandia, New York. According to its most recent Form D, filed Jul 14, 2020, it has sold $7,500,000 of interests to 3 investors since its first sale in Jul 2019. 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 Cheng Yu.
- Total raised
- $7,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jul 31, 2019
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Cheng Yu
- Latest Form D
- Jul 14, 2020
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 Founders Rising, LLC
What is the minimum investment for Founders Rising, LLC?
Founders Rising, LLC's latest Form D, filed Jul 14, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Founders Rising, LLC?
Founders Rising, 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 Founders Rising, LLC raised?
Founders Rising, LLC reports $7,500,000 sold from 3 investors on its Form D filed Jul 14, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Founders Rising, LLC based?
Founders Rising, LLC is based in Islandia, New York.
When did Founders Rising, LLC launch?
Founders Rising, LLC reports its first sale in Jul 2019.
Size compared with every venture capital fund
Raised more than 73% of the 1,234 venture capital funds based in New York, and more than 85% of all 14,840 that report sales.