Intersect Ventures III, LLC
Intersect Ventures III, LLC is a venture capital fund based in San Ramon, California. According to its most recent Form D, filed Jul 15, 2022, it has sold $499,999 of interests to 19 investors since its first sale in Mar 2021. 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 Joseph McLean; Intersect Ventures, LLC.
- Total raised
- $499,999Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Mar 25, 2021
- 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
- Joseph McLean; Intersect Ventures, LLC
- Latest Form D
- Jul 15, 2022
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 Intersect Ventures III, LLC
What is the minimum investment for Intersect Ventures III, LLC?
Intersect Ventures III, LLC's latest Form D, filed Jul 15, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Intersect Ventures III, LLC?
Intersect Ventures III, 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 Intersect Ventures III, LLC raised?
Intersect Ventures III, LLC reports $499,999 sold from 19 investors on its Form D filed Jul 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Intersect Ventures III, LLC based?
Intersect Ventures III, LLC is based in San Ramon, California.
When did Intersect Ventures III, LLC launch?
Intersect Ventures III, LLC reports its first sale in Mar 2021.
Size compared with every venture capital fund
Raised more than 45% of the 2,199 venture capital funds based in California, and more than 48% of all 14,768 that report sales.