AltMountain

Late Spring Ventures, LLC

Los Angeles, CA · CIK 1897973
Status: no Form D since Jan 2022. 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.

Late Spring Ventures, LLC is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Jan 7, 2022, it has sold $6,612,286 of interests to 10 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $25,000. 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 Julian Zegelman; Rostislav Shorgin; LLC Step Ahead Capital.

Total raised
$6,612,286Cumulative sales reported on Form D
Investors
10
First sale
Jan 5, 2022
Minimum investment
$25,000
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
Julian Zegelman; Rostislav Shorgin; LLC Step Ahead Capital
Latest Form D
Jan 7, 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 Late Spring Ventures, LLC

What is the minimum investment for Late Spring Ventures, LLC?

According to its latest Form D, filed Jan 7, 2022, the minimum investment Late Spring Ventures, LLC accepts from an outside investor is $25,000.

Who can invest in Late Spring Ventures, LLC?

Late Spring Ventures, 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 Late Spring Ventures, LLC raised?

Late Spring Ventures, LLC reports $6,612,286 sold from 10 investors on its Form D filed Jan 7, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Late Spring Ventures, LLC based?

Late Spring Ventures, LLC is based in Los Angeles, California.

When did Late Spring Ventures, LLC launch?

Late Spring Ventures, LLC reports its first sale in Jan 2022.

Size compared with every venture capital fund

Raised more than 70% of the 2,199 venture capital funds based in California, and more than 84% of all 14,768 that report sales.

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