Founding Tribe Series LLC
Founding Tribe Series LLC is a private equity fund based in San Antonio, Texas. According to its most recent Form D, filed Oct 26, 2021, it has sold $150,000 of interests to 2 investors since its first sale in Oct 2021. 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 Samuel Laine; Cole Wollak; Founding Tribe GP I, LLC.
- Total raised
- $150,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Oct 11, 2021
- 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
- Samuel Laine; Cole Wollak; Founding Tribe GP I, LLC
- Latest Form D
- Oct 26, 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 Founding Tribe Series LLC
What is the minimum investment for Founding Tribe Series LLC?
Founding Tribe Series LLC's latest Form D, filed Oct 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Founding Tribe Series LLC?
Founding Tribe Series 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 Founding Tribe Series LLC raised?
Founding Tribe Series LLC reports $150,000 sold from 2 investors on its Form D filed Oct 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Founding Tribe Series LLC based?
Founding Tribe Series LLC is based in San Antonio, Texas.
When did Founding Tribe Series LLC launch?
Founding Tribe Series LLC reports its first sale in Oct 2021.
Size compared with every private equity fund
Raised more than 45% of the 1,406 private equity funds based in Texas, and more than 6% of all 8,896 that report sales.