LMS Ventures, L.P.
LMS Ventures, L.P. is a venture capital fund based in Greensboro, North Carolina. According to its most recent Form D, filed Dec 20, 2019, it has sold $2,665,000 of interests to 38 investors since its first sale in Apr 2018. The minimum investment it accepts from an outside investor is $200,000. 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 Denise Lambertson; Kelli Reyes; Tim Lambertson.
- Total raised
- $2,665,000Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Apr 5, 2018
- Minimum investment
- $200,000
- 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
- Denise Lambertson; Kelli Reyes; Tim Lambertson
- Latest Form D
- Dec 20, 2019
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 LMS Ventures, L.P.
What is the minimum investment for LMS Ventures, L.P.?
According to its latest Form D, filed Dec 20, 2019, the minimum investment LMS Ventures, L.P. accepts from an outside investor is $200,000.
Who can invest in LMS Ventures, L.P.?
LMS Ventures, L.P. 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 LMS Ventures, L.P. raised?
LMS Ventures, L.P. reports $2,665,000 sold from 38 investors on its Form D filed Dec 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is LMS Ventures, L.P. based?
LMS Ventures, L.P. is based in Greensboro, North Carolina.
When did LMS Ventures, L.P. launch?
LMS Ventures, L.P. reports its first sale in Apr 2018.
Size compared with every venture capital fund
Raised more than 78% of the 120 venture capital funds based in North Carolina, and more than 75% of all 14,800 that report sales.