AltMountain

OurCrowd First Prime, L.P.

Jerusalem, Israel · CIK 1712889
Offshore
Status: no Form D since Aug 2017. 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.

OurCrowd First Prime, L.P. is a venture capital fund based in Jerusalem, Israel. According to its most recent Form D, filed Aug 3, 2017, it has sold $2,000,000 of interests to 28 investors since its first sale in Jan 2017. 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 Jonathan Medved; Steven Blumgart; Jay Kalish.

Total raised
$2,000,000Cumulative sales reported on Form D
Investors
28
First sale
Jan 22, 2017
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
Jonathan Medved; Steven Blumgart; Jay Kalish
Latest Form D
Aug 3, 2017

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 OurCrowd First Prime, L.P.

What is the minimum investment for OurCrowd First Prime, L.P.?

According to its latest Form D, filed Aug 3, 2017, the minimum investment OurCrowd First Prime, L.P. accepts from an outside investor is $10,000.

Who can invest in OurCrowd First Prime, L.P.?

OurCrowd First Prime, L.P. 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 OurCrowd First Prime, L.P. raised?

OurCrowd First Prime, L.P. reports $2,000,000 sold from 28 investors on its Form D filed Aug 3, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is OurCrowd First Prime, L.P. based?

OurCrowd First Prime, L.P. is based in Jerusalem, Israel.

When did OurCrowd First Prime, L.P. launch?

OurCrowd First Prime, L.P. reports its first sale in Jan 2017.

Size compared with every venture capital fund

Raised more than 63% of the 129 venture capital funds based in Israel, and more than 71% of all 14,865 that report sales.

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