NextGen TheCut LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Dec 1, 2021, it has sold $316,500 of interests to 19 investors since its first sale in Nov 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include NextGen Venture Partners, LLC; Daniel Mindus; Michael Hankin.
- Total raised
- $316,500Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Nov 17, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- NextGen Venture Partners, LLC; Daniel Mindus; Michael Hankin
- Latest Form D
- Dec 1, 2021
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 TheCut LLC
What is the minimum investment for NextGen TheCut LLC?
NextGen TheCut LLC's latest Form D, filed Dec 1, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen TheCut LLC?
NextGen TheCut LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has NextGen TheCut LLC raised?
NextGen TheCut LLC reports $316,500 sold from 19 investors on its Form D filed Dec 1, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen TheCut LLC based?
NextGen TheCut LLC is based in Baltimore, Maryland.
When did NextGen TheCut LLC launch?
NextGen TheCut LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 57% of the 88 venture capital funds based in Maryland, and more than 40% of all 14,732 that report sales.