AltMountain

Initialized Superclass Iss L.P.

San Francisco, CA · CIK 1779406
Status: no Form D since Jun 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Initialized Superclass Iss L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jun 24, 2019, it has sold $50,000,000 of interests to 21 investors since its first sale in Jun 2019. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Garry Tan; Alexis Ohanian.

Total raised
$50,000,000Cumulative sales reported on Form D
Investors
21
First sale
Jun 12, 2019
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Garry Tan; Alexis Ohanian
Latest Form D
Jun 24, 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 Initialized Superclass Iss L.P.

What is the minimum investment for Initialized Superclass Iss L.P.?

Initialized Superclass Iss L.P.'s latest Form D, filed Jun 24, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Initialized Superclass Iss L.P.?

Initialized Superclass Iss L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Initialized Superclass Iss L.P. raised?

Initialized Superclass Iss L.P. reports $50,000,000 sold from 21 investors on its Form D filed Jun 24, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Initialized Superclass Iss L.P. based?

Initialized Superclass Iss L.P. is based in San Francisco, California.

When did Initialized Superclass Iss L.P. launch?

Initialized Superclass Iss L.P. reports its first sale in Jun 2019.

Size compared with every venture capital fund

Raised more than 90% of the 2,224 venture capital funds based in California, and more than 96% of all 14,835 that report sales.

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