IDEA Fund IV - NC, LP
IDEA Fund IV - NC, LP is a venture capital fund based in Chapel Hill, North Carolina. According to its most recent Form D, filed Mar 5, 2024, it has sold $5,000,000 of interests to 1 investor since its first sale in Feb 2024. 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 IDEA Fund IV GP, LLC; IDEA Fund Partners, LLC; Lister Delgado.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Feb 20, 2024
- 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
- IDEA Fund IV GP, LLC; IDEA Fund Partners, LLC; Lister Delgado
- Latest Form D
- Mar 5, 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 IDEA Fund IV - NC, LP
What is the minimum investment for IDEA Fund IV - NC, LP?
IDEA Fund IV - NC, LP's latest Form D, filed Mar 5, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in IDEA Fund IV - NC, LP?
IDEA Fund IV - NC, LP 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 IDEA Fund IV - NC, LP raised?
IDEA Fund IV - NC, LP reports $5,000,000 sold from 1 investor on its Form D filed Mar 5, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is IDEA Fund IV - NC, LP based?
IDEA Fund IV - NC, LP is based in Chapel Hill, North Carolina.
When did IDEA Fund IV - NC, LP launch?
IDEA Fund IV - NC, LP reports its first sale in Feb 2024.
Size compared with every venture capital fund
Raised more than 85% of the 120 venture capital funds based in North Carolina, and more than 81% of all 14,840 that report sales.