FXVII - Bellwether5, LLC is a venture capital fund based in San Diego, California. According to its most recent Form D, filed Sep 23, 2019, it has sold $1,333,800 of interests to 16 investors since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $15,000. 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 Kenneth Hood.
- Total raised
- $1,333,800Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jun 22, 2019
- Minimum investment
- $15,000
- 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
- Kenneth Hood
- Latest Form D
- Sep 23, 2019
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 FXVII - Bellwether5, LLC
What is the minimum investment for FXVII - Bellwether5, LLC?
According to its latest Form D, filed Sep 23, 2019, the minimum investment FXVII - Bellwether5, LLC accepts from an outside investor is $15,000.
Who can invest in FXVII - Bellwether5, LLC?
FXVII - Bellwether5, 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 FXVII - Bellwether5, LLC raised?
FXVII - Bellwether5, LLC reports $1,333,800 sold from 16 investors on its Form D filed Sep 23, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is FXVII - Bellwether5, LLC based?
FXVII - Bellwether5, LLC is based in San Diego, California.
When did FXVII - Bellwether5, LLC launch?
FXVII - Bellwether5, LLC reports its first sale in Jun 2019.
Size compared with every venture capital fund
Raised more than 53% of the 2,224 venture capital funds based in California, and more than 65% of all 14,840 that report sales.