AltMountain

Mmef XV, L.P.

Menlo Park, CA · CIK 1817567
Status: no Form D since Dec 2020. 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.

Mmef XV, L.P. is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Dec 4, 2020, it has sold $5,290,000 of interests to 22 investors since its first sale in Nov 2020. The filing does not set a minimum investment. 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 MVM GP, L.l.c; Menlo Ventures Management, L.P; Shawn Carolan.

Total raised
$5,290,000Cumulative sales reported on Form D
Investors
22
First sale
Nov 30, 2020
Minimum investment
None set
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
MVM GP, L.l.c; Menlo Ventures Management, L.P; Shawn Carolan
Latest Form D
Dec 4, 2020

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 Mmef XV, L.P.

What is the minimum investment for Mmef XV, L.P.?

Mmef XV, L.P.'s latest Form D, filed Dec 4, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Mmef XV, L.P.?

Mmef XV, 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 Mmef XV, L.P. raised?

Mmef XV, L.P. reports $5,290,000 sold from 22 investors on its Form D filed Dec 4, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Mmef XV, L.P. based?

Mmef XV, L.P. is based in Menlo Park, California.

When did Mmef XV, L.P. launch?

Mmef XV, L.P. reports its first sale in Nov 2020.

Size compared with every venture capital fund

Raised more than 69% of the 2,227 venture capital funds based in California, and more than 82% of all 14,865 that report sales.

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