FXVII - NuMilk LLC is a venture capital fund based in San Diego, California. According to its most recent Form D, filed Aug 9, 2019, it has sold $925,000 of interests to 16 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $20,000. 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
- $925,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jul 18, 2019
- Minimum investment
- $20,000
- 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
- Aug 9, 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 - NuMilk LLC
What is the minimum investment for FXVII - NuMilk LLC?
According to its latest Form D, filed Aug 9, 2019, the minimum investment FXVII - NuMilk LLC accepts from an outside investor is $20,000.
Who can invest in FXVII - NuMilk LLC?
FXVII - NuMilk 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 - NuMilk LLC raised?
FXVII - NuMilk LLC reports $925,000 sold from 16 investors on its Form D filed Aug 9, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is FXVII - NuMilk LLC based?
FXVII - NuMilk LLC is based in San Diego, California.
When did FXVII - NuMilk LLC launch?
FXVII - NuMilk LLC reports its first sale in Jul 2019.
Size compared with every venture capital fund
Raised more than 49% of the 2,224 venture capital funds based in California, and more than 59% of all 14,840 that report sales.