InstantScale XIV, LLC
InstantScale XIV, LLC is a venture capital fund based in Irvine, California. According to its most recent Form D, filed Apr 22, 2015, it has sold $572,632 of interests to 37 investors since its first sale in Apr 2015. 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 Chad Cardenas; Hayes Drumwright.
- Total raised
- $572,632Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Apr 15, 2015
- 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
- Chad Cardenas; Hayes Drumwright
- Latest Form D
- Apr 22, 2015
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 InstantScale XIV, LLC
What is the minimum investment for InstantScale XIV, LLC?
InstantScale XIV, LLC's latest Form D, filed Apr 22, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in InstantScale XIV, LLC?
InstantScale XIV, 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 InstantScale XIV, LLC raised?
InstantScale XIV, LLC reports $572,632 sold from 37 investors on its Form D filed Apr 22, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is InstantScale XIV, LLC based?
InstantScale XIV, LLC is based in Irvine, California.
When did InstantScale XIV, LLC launch?
InstantScale XIV, LLC reports its first sale in Apr 2015.
Size compared with every venture capital fund
Raised more than 46% of the 2,224 venture capital funds based in California, and more than 52% of all 14,835 that report sales.