Fund Explore I, LP - B3 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Oct 31, 2023, it has sold $332,956 of interests to 59 investors since its first sale in Oct 2023. The minimum investment it accepts from an outside investor is $2,966. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ltd. Belltower Fund Group; LLC Fund GP.
- Total raised
- $332,956Cumulative sales reported on Form D
- Investors
- 59
- First sale
- Oct 17, 2023
- Minimum investment
- $2,966
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Ltd. Belltower Fund Group; LLC Fund GP
- Latest Form D
- Oct 31, 2023
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 Fund Explore I, LP - B3
What is the minimum investment for Fund Explore I, LP - B3?
According to its latest Form D, filed Oct 31, 2023, the minimum investment Fund Explore I, LP - B3 accepts from an outside investor is $2,966.
Who can invest in Fund Explore I, LP - B3?
Fund Explore I, LP - B3 is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Fund Explore I, LP - B3 raised?
Fund Explore I, LP - B3 reports $332,956 sold from 59 investors on its Form D filed Oct 31, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Fund Explore I, LP - B3 based?
Fund Explore I, LP - B3 is based in Seattle, Washington.
When did Fund Explore I, LP - B3 launch?
Fund Explore I, LP - B3 reports its first sale in Oct 2023.
Size compared with every venture capital fund
Raised more than 64% of the 5,426 venture capital funds based in Washington, and more than 41% of all 14,835 that report sales.