Idealabx1, L.P.
Idealabx1, L.P. is a venture capital fund based in Rhinebeck, New York. According to its most recent Form D, filed Feb 18, 2020, it has sold $26,512,500 of interests to 68 investors since its first sale in May 2019. 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 Allen Morgan; Jonathan Cohen; Idealabx GP, LLC.
- Total raised
- $26,512,500Cumulative sales reported on Form D
- Investors
- 68
- First sale
- May 30, 2019
- 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
- Allen Morgan; Jonathan Cohen; Idealabx GP, LLC
- Latest Form D
- Feb 18, 2020
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 Idealabx1, L.P.
What is the minimum investment for Idealabx1, L.P.?
Idealabx1, L.P.'s latest Form D, filed Feb 18, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Idealabx1, L.P.?
Idealabx1, L.P. 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 Idealabx1, L.P. raised?
Idealabx1, L.P. reports $26,512,500 sold from 68 investors on its Form D filed Feb 18, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Idealabx1, L.P. based?
Idealabx1, L.P. is based in Rhinebeck, New York.
When did Idealabx1, L.P. launch?
Idealabx1, L.P. reports its first sale in May 2019.
Size compared with every venture capital fund
Raised more than 88% of the 1,235 venture capital funds based in New York, and more than 94% of all 14,829 that report sales.