igniteXL - Musely, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jul 18, 2023, it has sold $2,050,000 of interests to 54 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $10,000. 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 LLC igniteXL Ventures GP.
- Total raised
- $2,050,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Apr 18, 2022
- Minimum investment
- $10,000
- 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
- LLC igniteXL Ventures GP
- Latest Form D
- Jul 18, 2023
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 igniteXL - Musely, LP
What is the minimum investment for igniteXL - Musely, LP?
According to its latest Form D, filed Jul 18, 2023, the minimum investment igniteXL - Musely, LP accepts from an outside investor is $10,000.
Who can invest in igniteXL - Musely, LP?
igniteXL - Musely, 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 igniteXL - Musely, LP raised?
igniteXL - Musely, LP reports $2,050,000 sold from 54 investors on its Form D filed Jul 18, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is igniteXL - Musely, LP based?
igniteXL - Musely, LP is based in Palo Alto, California.
When did igniteXL - Musely, LP launch?
igniteXL - Musely, LP reports its first sale in Apr 2022.
Size compared with every venture capital fund
Raised more than 57% of the 2,226 venture capital funds based in California, and more than 72% of all 14,875 that report sales.