L1EF Rolling Fund, LP - A1 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed May 24, 2023, it has sold $47,500 of interests to 8 investors since its first sale in Apr 2023. The minimum investment it accepts from an outside investor is $2,500. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include LLC Fund GP; Ltd. Belltower Fund Group.
- Total raised
- $47,500Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Apr 25, 2023
- Minimum investment
- $2,500
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- LLC Fund GP; Ltd. Belltower Fund Group
- Latest Form D
- May 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 L1EF Rolling Fund, LP - A1
What is the minimum investment for L1EF Rolling Fund, LP - A1?
According to its latest Form D, filed May 24, 2023, the minimum investment L1EF Rolling Fund, LP - A1 accepts from an outside investor is $2,500.
Who can invest in L1EF Rolling Fund, LP - A1?
L1EF Rolling Fund, LP - A1 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(c), so it may advertise, but every investor must be verified as accredited.
How much has L1EF Rolling Fund, LP - A1 raised?
L1EF Rolling Fund, LP - A1 reports $47,500 sold from 8 investors on its Form D filed May 24, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is L1EF Rolling Fund, LP - A1 based?
L1EF Rolling Fund, LP - A1 is based in Seattle, Washington.
When did L1EF Rolling Fund, LP - A1 launch?
L1EF Rolling Fund, LP - A1 reports its first sale in Apr 2023.
Size compared with every venture capital fund
Raised more than 7% of the 5,433 venture capital funds based in Washington, and more than 4% of all 14,865 that report sales.