Point203X2SPV, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 10, 2014, it has sold $2,200,000 of interests to 2 investors since its first sale in Jan 2014. The minimum investment it accepts from an outside investor is $700,000. 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 Liam Donohue; Lawrence Begley; 406 Ventures I GP, L.P.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jan 10, 2014
- Minimum investment
- $700,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Liam Donohue; Lawrence Begley; 406 Ventures I GP, L.P
- Latest Form D
- Jan 10, 2014
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 Point203X2SPV, LLC
What is the minimum investment for Point203X2SPV, LLC?
According to its latest Form D, filed Jan 10, 2014, the minimum investment Point203X2SPV, LLC accepts from an outside investor is $700,000.
Who can invest in Point203X2SPV, LLC?
Point203X2SPV, 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 Point203X2SPV, LLC raised?
Point203X2SPV, LLC reports $2,200,000 sold from 2 investors on its Form D filed Jan 10, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Point203X2SPV, LLC based?
Point203X2SPV, LLC is based in Boston, Massachusetts.
When did Point203X2SPV, LLC launch?
Point203X2SPV, LLC reports its first sale in Jan 2014.
Size compared with every venture capital fund
Raised more than 73% of the 530 venture capital funds based in Massachusetts, and more than 72% of all 14,840 that report sales.