AltMountain

Rainfall NV1, LP

West Hollywood, CA · CIK 1864033
Status: no Form D since May 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Rainfall NV1, LP is a venture capital fund based in West Hollywood, California. According to its most recent Form D, filed May 27, 2021, it has sold $1,850,000 of interests to 8 investors since its first sale in May 2021. 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 Ron Rofe.

Total raised
$1,850,000Cumulative sales reported on Form D
Investors
8
First sale
May 13, 2021
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
Ron Rofe
Latest Form D
May 27, 2021

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 Rainfall NV1, LP

What is the minimum investment for Rainfall NV1, LP?

Rainfall NV1, LP's latest Form D, filed May 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Rainfall NV1, LP?

Rainfall NV1, LP 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 Rainfall NV1, LP raised?

Rainfall NV1, LP reports $1,850,000 sold from 8 investors on its Form D filed May 27, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Rainfall NV1, LP based?

Rainfall NV1, LP is based in West Hollywood, California.

When did Rainfall NV1, LP launch?

Rainfall NV1, LP reports its first sale in May 2021.

Size compared with every venture capital fund

Raised more than 55% of the 2,205 venture capital funds based in California, and more than 70% of all 14,800 that report sales.

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