Gtels Cs, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Jul 9, 2015, it has sold $1,800,000 of interests to 5 investors since its first sale in Jun 2015. The filing does not set a minimum investment. 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 GTELS Capital, LLC; GTELS CS Manager, LLC; Matthew Cusick.
- Total raised
- $1,800,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 24, 2015
- Minimum investment
- None set
- 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
- GTELS Capital, LLC; GTELS CS Manager, LLC; Matthew Cusick
- Latest Form D
- Jul 9, 2015
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 Gtels Cs, LLC
What is the minimum investment for Gtels Cs, LLC?
Gtels Cs, LLC's latest Form D, filed Jul 9, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gtels Cs, LLC?
Gtels Cs, 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 Gtels Cs, LLC raised?
Gtels Cs, LLC reports $1,800,000 sold from 5 investors on its Form D filed Jul 9, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Gtels Cs, LLC based?
Gtels Cs, LLC is based in Boston, Massachusetts.
When did Gtels Cs, LLC launch?
Gtels Cs, LLC reports its first sale in Jun 2015.
Size compared with every venture capital fund
Raised more than 70% of the 529 venture capital funds based in Massachusetts, and more than 70% of all 14,732 that report sales.