Ie III-As LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Sep 4, 2019, it has sold $30,000,000 of interests to 30 investors since its first sale in Mar 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 Richard Scanlon; Scott Brady; Dror Berman.
- Total raised
- $30,000,000Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Mar 15, 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
- Richard Scanlon; Scott Brady; Dror Berman
- Latest Form D
- Sep 4, 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 Ie III-As LP
What is the minimum investment for Ie III-As LP?
Ie III-As LP's latest Form D, filed Sep 4, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ie III-As LP?
Ie III-As LP 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 Ie III-As LP raised?
Ie III-As LP reports $30,000,000 sold from 30 investors on its Form D filed Sep 4, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Ie III-As LP based?
Ie III-As LP is based in Palo Alto, California.
When did Ie III-As LP launch?
Ie III-As LP reports its first sale in Mar 2019.
Size compared with every venture capital fund
Raised more than 86% of the 2,227 venture capital funds based in California, and more than 94% of all 14,865 that report sales.