Fuse Owl I, LLC is a venture capital fund based in Bellevue, Washington. According to its most recent Form D, filed Sep 24, 2021, it has sold $3,640,000 of interests to 12 investors since its first sale in Sep 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kellan Carter; Brendan Wales; Cameron Borumand.
- Total raised
- $3,640,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Sep 10, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kellan Carter; Brendan Wales; Cameron Borumand
- Latest Form D
- Sep 24, 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 Fuse Owl I, LLC
What is the minimum investment for Fuse Owl I, LLC?
Fuse Owl I, LLC's latest Form D, filed Sep 24, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Fuse Owl I, LLC?
Fuse Owl I, LLC 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(b), which does not allow general advertising.
How much has Fuse Owl I, LLC raised?
Fuse Owl I, LLC reports $3,640,000 sold from 12 investors on its Form D filed Sep 24, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Fuse Owl I, LLC based?
Fuse Owl I, LLC is based in Bellevue, Washington.
When did Fuse Owl I, LLC launch?
Fuse Owl I, LLC reports its first sale in Sep 2021.
Size compared with every venture capital fund
Raised more than 95% of the 5,429 venture capital funds based in Washington, and more than 78% of all 14,840 that report sales.