Heraclitus 1A LLC is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed May 15, 2024, it has sold $1,000,000 of interests to 1 investor since its first sale in May 2024. The minimum investment it accepts from an outside investor is $100,000. 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 Juan Diego Briceno.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 8, 2024
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Juan Diego Briceno
- Latest Form D
- May 15, 2024
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 Heraclitus 1A LLC
What is the minimum investment for Heraclitus 1A LLC?
According to its latest Form D, filed May 15, 2024, the minimum investment Heraclitus 1A LLC accepts from an outside investor is $100,000.
Who can invest in Heraclitus 1A LLC?
Heraclitus 1A 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 Heraclitus 1A LLC raised?
Heraclitus 1A LLC reports $1,000,000 sold from 1 investor on its Form D filed May 15, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Heraclitus 1A LLC based?
Heraclitus 1A LLC is based in Austin, Texas.
When did Heraclitus 1A LLC launch?
Heraclitus 1A LLC reports its first sale in May 2024.
Size compared with every venture capital fund
Raised more than 53% of the 487 venture capital funds based in Texas, and more than 60% of all 14,800 that report sales.