Kinship Open AI LLC
Kinship Open AI LLC is a venture capital fund based in Coral Gables, Florida. According to its most recent Form D, filed Aug 24, 2023, it has sold $2,842,500 of interests to 3 investors since its first sale in May 2023. 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 LLC Kinship Ventures.
- Total raised
- $2,842,500Cumulative sales reported on Form D
- Investors
- 3
- First sale
- May 15, 2023
- 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
- LLC Kinship Ventures
- Latest Form D
- Aug 24, 2023
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 Kinship Open AI LLC
What is the minimum investment for Kinship Open AI LLC?
Kinship Open AI LLC's latest Form D, filed Aug 24, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Kinship Open AI LLC?
Kinship Open AI LLC 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 Kinship Open AI LLC raised?
Kinship Open AI LLC reports $2,842,500 sold from 3 investors on its Form D filed Aug 24, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Kinship Open AI LLC based?
Kinship Open AI LLC is based in Coral Gables, Florida.
When did Kinship Open AI LLC launch?
Kinship Open AI LLC reports its first sale in May 2023.
Size compared with every venture capital fund
Raised more than 59% of the 568 venture capital funds based in Florida, and more than 76% of all 14,865 that report sales.