Lerer Ventures II, LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Jun 16, 2011, it has sold $25,000,000 of interests to 94 investors since its first sale in May 2011. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Lerer Ventures II GP, LLC Lerer Ventures II GP, LLC; Kenneth Lerer; Benjamin Lerer.
- Total raised
- $25,000,000Cumulative sales reported on Form D
- Investors
- 94
- First sale
- May 20, 2011
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- Lerer Ventures II GP, LLC Lerer Ventures II GP, LLC; Kenneth Lerer; Benjamin Lerer
- Latest Form D
- Jun 16, 2011
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 Lerer Ventures II, LP
What is the minimum investment for Lerer Ventures II, LP?
According to its latest Form D, filed Jun 16, 2011, the minimum investment Lerer Ventures II, LP accepts from an outside investor is $10,000.
Who can invest in Lerer Ventures II, LP?
Lerer Ventures II, LP 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).
How much has Lerer Ventures II, LP raised?
Lerer Ventures II, LP reports $25,000,000 sold from 94 investors on its Form D filed Jun 16, 2011. This is cumulative sales since the offering began, not current assets or performance.
Where is Lerer Ventures II, LP based?
Lerer Ventures II, LP is based in New York, New York.
When did Lerer Ventures II, LP launch?
Lerer Ventures II, LP reports its first sale in May 2011.
Size compared with every venture capital fund
Raised more than 87% of the 1,234 venture capital funds based in New York, and more than 93% of all 14,820 that report sales.