NextGen Kasa LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Feb 20, 2024, it has sold $510,843 of interests to 23 investors since its first sale in Feb 2021. 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 Michael Hankin; NextGen Venture Partners, LLC; Brett Rogers.
- Total raised
- $510,843Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Feb 3, 2021
- 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
- Michael Hankin; NextGen Venture Partners, LLC; Brett Rogers
- Latest Form D
- Feb 20, 2024
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 NextGen Kasa LLC
What is the minimum investment for NextGen Kasa LLC?
NextGen Kasa LLC's latest Form D, filed Feb 20, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Kasa LLC?
NextGen Kasa LLC 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 NextGen Kasa LLC raised?
NextGen Kasa LLC reports $510,843 sold from 23 investors on its Form D filed Feb 20, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Kasa LLC based?
NextGen Kasa LLC is based in Baltimore, Maryland.
When did NextGen Kasa LLC launch?
NextGen Kasa LLC reports its first sale in Feb 2021.
Size compared with every venture capital fund
Raised more than 58% of the 88 venture capital funds based in Maryland, and more than 49% of all 14,835 that report sales.