LAUNCH Fund 3, L.P.
LAUNCH Fund 3, L.P. is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Aug 6, 2021, it has sold $34,270,000 of interests to 109 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $25,000. 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 LAUNCH Fund GP 3; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $34,270,000Cumulative sales reported on Form D
- Investors
- 109
- First sale
- Dec 2, 2019
- Minimum investment
- $25,000
- 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 LAUNCH Fund GP 3; Richard Thoms; LLC Assure Fund Management II
- Latest Form D
- Aug 6, 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 LAUNCH Fund 3, L.P.
What is the minimum investment for LAUNCH Fund 3, L.P.?
According to its latest Form D, filed Aug 6, 2021, the minimum investment LAUNCH Fund 3, L.P. accepts from an outside investor is $25,000.
Who can invest in LAUNCH Fund 3, L.P.?
LAUNCH Fund 3, L.P. 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 LAUNCH Fund 3, L.P. raised?
LAUNCH Fund 3, L.P. reports $34,270,000 sold from 109 investors on its Form D filed Aug 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is LAUNCH Fund 3, L.P. based?
LAUNCH Fund 3, L.P. is based in San Francisco, California.
When did LAUNCH Fund 3, L.P. launch?
LAUNCH Fund 3, L.P. reports its first sale in Dec 2019.
Size compared with every private investment fund
Raised more than 73% of the 1,714 private investment funds based in California, and more than 57% of all 10,270 that report sales.