AltMountain

L2 Ventures LP

New York, NY · CIK 1773016
Status: no Form D since Jul 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

L2 Ventures LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Jul 28, 2021, it has sold $44,875,000 of interests to 76 investors since its first sale in Feb 2021. 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 Keith Swenson.

Total raised
$44,875,000Cumulative sales reported on Form D
Investors
76
First sale
Feb 1, 2021
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
Keith Swenson
Latest Form D
Jul 28, 2021

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 L2 Ventures LP

What is the minimum investment for L2 Ventures LP?

L2 Ventures LP's latest Form D, filed Jul 28, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in L2 Ventures LP?

L2 Ventures LP 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 L2 Ventures LP raised?

L2 Ventures LP reports $44,875,000 sold from 76 investors on its Form D filed Jul 28, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is L2 Ventures LP based?

L2 Ventures LP is based in New York, New York.

When did L2 Ventures LP launch?

L2 Ventures LP reports its first sale in Feb 2021.

Size compared with every venture capital fund

Raised more than 92% of the 1,234 venture capital funds based in New York, and more than 96% of all 14,820 that report sales.

More venture capital funds in New York

Similar-size venture capital funds in New York

All venture capital funds in New York