Lerer Ventures III, LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Oct 23, 2012, it has sold $36,150,000 of interests to 77 investors since its first sale in Sep 2012. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Lerer Ventures III GP, LLC; Lerer Ventures Management, LLC; Kenneth Lerer.
- Total raised
- $36,150,000Cumulative sales reported on Form D
- Investors
- 77
- First sale
- Sep 14, 2012
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Lerer Ventures III GP, LLC; Lerer Ventures Management, LLC; Kenneth Lerer
- Latest Form D
- Oct 23, 2012
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 III, LP
What is the minimum investment for Lerer Ventures III, LP?
Lerer Ventures III, LP's latest Form D, filed Oct 23, 2012, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lerer Ventures III, LP?
Lerer Ventures III, 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).
How much has Lerer Ventures III, LP raised?
Lerer Ventures III, LP reports $36,150,000 sold from 77 investors on its Form D filed Oct 23, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is Lerer Ventures III, LP based?
Lerer Ventures III, LP is based in New York, New York.
When did Lerer Ventures III, LP launch?
Lerer Ventures III, LP reports its first sale in Sep 2012.
Size compared with every venture capital fund
Raised more than 91% of the 1,234 venture capital funds based in New York, and more than 95% of all 14,840 that report sales.