PV Rocket Lab I, LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 24, 2020, it has sold $6,231,500 of interests to 29 investors since its first sale in Feb 2017. The filing does not set a minimum investment. 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 Promus Venture Management, LLC; Michael Collett.
- Total raised
- $6,231,500Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Feb 22, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Promus Venture Management, LLC; Michael Collett
- Latest Form D
- Feb 24, 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 PV Rocket Lab I, LLC
What is the minimum investment for PV Rocket Lab I, LLC?
PV Rocket Lab I, LLC's latest Form D, filed Feb 24, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in PV Rocket Lab I, LLC?
PV Rocket Lab I, 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 PV Rocket Lab I, LLC raised?
PV Rocket Lab I, LLC reports $6,231,500 sold from 29 investors on its Form D filed Feb 24, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is PV Rocket Lab I, LLC based?
PV Rocket Lab I, LLC is based in Chicago, Illinois.
When did PV Rocket Lab I, LLC launch?
PV Rocket Lab I, LLC reports its first sale in Feb 2017.
Size compared with every venture capital fund
Raised more than 64% of the 146 venture capital funds based in Illinois, and more than 84% of all 14,840 that report sales.