Rain Venture 5, LLC
Rain Venture 5, LLC is a venture capital fund based in Fargo, North Dakota. According to its most recent Form D, filed Jan 5, 2016, it has sold $1,585,500 of interests to 37 investors since its first sale in Dec 2015. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Craig Dresser; Franklin Fisher; Bryan Smith.
- Total raised
- $1,585,500Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Dec 31, 2015
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Craig Dresser; Franklin Fisher; Bryan Smith
- Latest Form D
- Jan 5, 2016
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 Rain Venture 5, LLC
What is the minimum investment for Rain Venture 5, LLC?
According to its latest Form D, filed Jan 5, 2016, the minimum investment Rain Venture 5, LLC accepts from an outside investor is $10,000.
Who can invest in Rain Venture 5, LLC?
Rain Venture 5, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Rain Venture 5, LLC raised?
Rain Venture 5, LLC reports $1,585,500 sold from 37 investors on its Form D filed Jan 5, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Rain Venture 5, LLC based?
Rain Venture 5, LLC is based in Fargo, North Dakota.
When did Rain Venture 5, LLC launch?
Rain Venture 5, LLC reports its first sale in Dec 2015.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.