AltMountain

OT Proptech Fund I, LLC

Boston, MA · CIK 1896972
Status: no Form D since Jan 2022. 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.

OT Proptech Fund I, LLC is a private investment fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 12, 2022, it has sold $7,000,000 of interests to 11 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $100,000. 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 LLC Assure Fund Management II; Richard Thoms; LLC OT Management.

Total raised
$7,000,000Cumulative sales reported on Form D
Investors
11
First sale
Dec 23, 2021
Minimum investment
$100,000
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
LLC Assure Fund Management II; Richard Thoms; LLC OT Management
Latest Form D
Jan 12, 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 OT Proptech Fund I, LLC

What is the minimum investment for OT Proptech Fund I, LLC?

According to its latest Form D, filed Jan 12, 2022, the minimum investment OT Proptech Fund I, LLC accepts from an outside investor is $100,000.

Who can invest in OT Proptech Fund I, LLC?

OT Proptech Fund I, 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 OT Proptech Fund I, LLC raised?

OT Proptech Fund I, LLC reports $7,000,000 sold from 11 investors on its Form D filed Jan 12, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is OT Proptech Fund I, LLC based?

OT Proptech Fund I, LLC is based in Boston, Massachusetts.

When did OT Proptech Fund I, LLC launch?

OT Proptech Fund I, LLC reports its first sale in Dec 2021.

Size compared with every private investment fund

Raised more than 39% of the 537 private investment funds based in Massachusetts, and more than 36% of all 10,266 that report sales.

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