Project Echo Investment LLC
Project Echo Investment LLC is a venture capital fund based in Troy, Michigan. According to its most recent Form D, filed Dec 30, 2020, it has sold $1,400,000 of interests to 2 investors since its first sale in Dec 2020. 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. Related persons named in the filing include Joseph Caradonna; Christopher Kouza.
- Total raised
- $1,400,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 16, 2020
- 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
- Joseph Caradonna; Christopher Kouza
- Latest Form D
- Dec 30, 2020
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 Project Echo Investment LLC
What is the minimum investment for Project Echo Investment LLC?
Project Echo Investment LLC's latest Form D, filed Dec 30, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Project Echo Investment LLC?
Project Echo Investment 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 Project Echo Investment LLC raised?
Project Echo Investment LLC reports $1,400,000 sold from 2 investors on its Form D filed Dec 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Project Echo Investment LLC based?
Project Echo Investment LLC is based in Troy, Michigan.
When did Project Echo Investment LLC launch?
Project Echo Investment LLC reports its first sale in Dec 2020.
Size compared with every venture capital fund
Raised more than 66% of the 29 venture capital funds based in Michigan, and more than 66% of all 14,829 that report sales.