NextGen Optii LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Jan 10, 2024, it has sold $890,104 of interests to 12 investors since its first sale in Dec 2019. 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; David Churchill.
- Total raised
- $890,104Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Dec 26, 2019
- 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; David Churchill
- Latest Form D
- Jan 10, 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 Optii LLC
What is the minimum investment for NextGen Optii LLC?
NextGen Optii LLC's latest Form D, filed Jan 10, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Optii LLC?
NextGen Optii 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 Optii LLC raised?
NextGen Optii LLC reports $890,104 sold from 12 investors on its Form D filed Jan 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Optii LLC based?
NextGen Optii LLC is based in Baltimore, Maryland.
When did NextGen Optii LLC launch?
NextGen Optii LLC reports its first sale in Dec 2019.
Size compared with every venture capital fund
Raised more than 64% of the 88 venture capital funds based in Maryland, and more than 58% of all 14,820 that report sales.