Instantscale XIX LLC
Instantscale XIX LLC is a venture capital fund based in Palos Verdes Estates, California. According to its most recent Form D, filed Jun 26, 2017, it has sold $686,552 of interests to 8 investors since its first sale in Jun 2017. 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
- $686,552Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jun 16, 2017
- 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
- Jun 26, 2017
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 XIX LLC
What is the minimum investment for Instantscale XIX LLC?
Instantscale XIX LLC's latest Form D, filed Jun 26, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Instantscale XIX LLC?
Instantscale XIX 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 XIX LLC raised?
Instantscale XIX LLC reports $686,552 sold from 8 investors on its Form D filed Jun 26, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Instantscale XIX LLC based?
Instantscale XIX LLC is based in Palos Verdes Estates, California.
When did Instantscale XIX LLC launch?
Instantscale XIX LLC reports its first sale in Jun 2017.
Size compared with every venture capital fund
Raised more than 47% of the 2,199 venture capital funds based in California, and more than 55% of all 14,768 that report sales.