NPC Medly, LLC
NPC Medly, LLC is a venture capital fund based in Redwood City, California. According to its most recent Form D, filed Feb 25, 2022, it has sold $2,008,750 of interests to 17 investors since its first sale in Feb 2022. The minimum investment it accepts from an outside investor is $10,000. 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 John Ailanjian; Next Play Capital GP III, LLC; Eric Valle.
- Total raised
- $2,008,750Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Feb 18, 2022
- Minimum investment
- $10,000
- 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
- John Ailanjian; Next Play Capital GP III, LLC; Eric Valle
- Latest Form D
- Feb 25, 2022
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 NPC Medly, LLC
What is the minimum investment for NPC Medly, LLC?
According to its latest Form D, filed Feb 25, 2022, the minimum investment NPC Medly, LLC accepts from an outside investor is $10,000.
Who can invest in NPC Medly, LLC?
NPC Medly, 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 NPC Medly, LLC raised?
NPC Medly, LLC reports $2,008,750 sold from 17 investors on its Form D filed Feb 25, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is NPC Medly, LLC based?
NPC Medly, LLC is based in Redwood City, California.
When did NPC Medly, LLC launch?
NPC Medly, LLC reports its first sale in Feb 2022.
Size compared with every venture capital fund
Raised more than 57% of the 2,224 venture capital funds based in California, and more than 71% of all 14,840 that report sales.