PLUS Collective Access IIB, L.P. is a venture capital fund based in Venice, California. According to its most recent Form D, filed Dec 17, 2025, it has sold $2,050,000 of interests to 5 investors since its first sale in Dec 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Adam Lilling.
- Total raised
- $2,050,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Dec 11, 2025
- 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
- Adam Lilling
- Latest Form D
- Dec 17, 2025
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 PLUS Collective Access IIB, L.P.
What is the minimum investment for PLUS Collective Access IIB, L.P.?
PLUS Collective Access IIB, L.P.'s latest Form D, filed Dec 17, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in PLUS Collective Access IIB, L.P.?
PLUS Collective Access IIB, 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 PLUS Collective Access IIB, L.P. raised?
PLUS Collective Access IIB, L.P. reports $2,050,000 sold from 5 investors on its Form D filed Dec 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is PLUS Collective Access IIB, L.P. based?
PLUS Collective Access IIB, L.P. is based in Venice, California.
When did PLUS Collective Access IIB, L.P. launch?
PLUS Collective Access IIB, L.P. reports its first sale in Dec 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 57% of the 2,268 venture capital funds based in California, and more than 72% of all 15,160 that report sales.