Inception Tech Fund 7, LP
Inception Tech Fund 7, LP is a venture capital fund based in Kirkland, Washington. According to its most recent Form D, filed Nov 18, 2016, it has sold $1,885,672 of interests to 33 investors since its first sale in Jul 2016. The minimum investment it accepts from an outside investor is $50,000. 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 Daniel Gray; Viet Ly.
- Total raised
- $1,885,672Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Jul 14, 2016
- Minimum investment
- $50,000
- 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
- Daniel Gray; Viet Ly
- Latest Form D
- Nov 18, 2016
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 Inception Tech Fund 7, LP
What is the minimum investment for Inception Tech Fund 7, LP?
According to its latest Form D, filed Nov 18, 2016, the minimum investment Inception Tech Fund 7, LP accepts from an outside investor is $50,000.
Who can invest in Inception Tech Fund 7, LP?
Inception Tech Fund 7, 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 Inception Tech Fund 7, LP raised?
Inception Tech Fund 7, LP reports $1,885,672 sold from 33 investors on its Form D filed Nov 18, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Inception Tech Fund 7, LP based?
Inception Tech Fund 7, LP is based in Kirkland, Washington.
When did Inception Tech Fund 7, LP launch?
Inception Tech Fund 7, LP reports its first sale in Jul 2016.
Size compared with every venture capital fund
Raised more than 90% of the 5,429 venture capital funds based in Washington, and more than 70% of all 14,840 that report sales.