ProCap Velocity Fund, LP - A3 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Dec 16, 2024, it has sold $225,000 of interests to 2 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Belltower Fund Group, Ltd; Fund GP, LLC.
- Total raised
- $225,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Nov 6, 2024
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Belltower Fund Group, Ltd; Fund GP, LLC
- Latest Form D
- Dec 16, 2024
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 ProCap Velocity Fund, LP - A3
What is the minimum investment for ProCap Velocity Fund, LP - A3?
According to its latest Form D, filed Dec 16, 2024, the minimum investment ProCap Velocity Fund, LP - A3 accepts from an outside investor is $25,000.
Who can invest in ProCap Velocity Fund, LP - A3?
ProCap Velocity Fund, LP - A3 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(c), so it may advertise, but every investor must be verified as accredited.
How much has ProCap Velocity Fund, LP - A3 raised?
ProCap Velocity Fund, LP - A3 reports $225,000 sold from 2 investors on its Form D filed Dec 16, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is ProCap Velocity Fund, LP - A3 based?
ProCap Velocity Fund, LP - A3 is based in Seattle, Washington.
When did ProCap Velocity Fund, LP - A3 launch?
ProCap Velocity Fund, LP - A3 reports its first sale in Nov 2024, 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 52% of the 5,568 venture capital funds based in Washington, and more than 33% of all 15,160 that report sales.