AltMountain

Fuse Owl I, LLC

Bellevue, WA · CIK 1884467
Status: no Form D since Sep 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

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.

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