R3CS Fund ELO, LLC is a venture capital fund based in Miami, Florida. According to its most recent Form D, filed Dec 12, 2022, it has sold $8,750,000 of interests to 48 investors since its first sale in Nov 2022. 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 R3cs Fund Management, LLC; R3cs Manager, LLC; Robert Brown III.
- Total raised
- $8,750,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Nov 28, 2022
- 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
- R3cs Fund Management, LLC; R3cs Manager, LLC; Robert Brown III
- Latest Form D
- Dec 12, 2022
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 R3CS Fund ELO, LLC
What is the minimum investment for R3CS Fund ELO, LLC?
R3CS Fund ELO, LLC's latest Form D, filed Dec 12, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in R3CS Fund ELO, LLC?
R3CS Fund ELO, 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 R3CS Fund ELO, LLC raised?
R3CS Fund ELO, LLC reports $8,750,000 sold from 48 investors on its Form D filed Dec 12, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is R3CS Fund ELO, LLC based?
R3CS Fund ELO, LLC is based in Miami, Florida.
When did R3CS Fund ELO, LLC launch?
R3CS Fund ELO, LLC reports its first sale in Nov 2022.
Size compared with every venture capital fund
Raised more than 78% of the 568 venture capital funds based in Florida, and more than 86% of all 14,829 that report sales.