igniteXL-Oros, LLC is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jul 18, 2023, it has sold $550,000 of interests to 15 investors since its first sale in Jul 2021. 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
- $550,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Jul 23, 2021
- 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-Oros, LLC
What is the minimum investment for igniteXL-Oros, LLC?
According to its latest Form D, filed Jul 18, 2023, the minimum investment igniteXL-Oros, LLC accepts from an outside investor is $10,000.
Who can invest in igniteXL-Oros, LLC?
igniteXL-Oros, LLC 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-Oros, LLC raised?
igniteXL-Oros, LLC reports $550,000 sold from 15 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-Oros, LLC based?
igniteXL-Oros, LLC is based in Palo Alto, California.
When did igniteXL-Oros, LLC launch?
igniteXL-Oros, LLC reports its first sale in Jul 2021.
Size compared with every venture capital fund
Raised more than 45% of the 2,227 venture capital funds based in California, and more than 51% of all 14,865 that report sales.