Recursive Ventures III, L.P.
Recursive Ventures III, L.P. is a venture capital fund based in El Cerrito, California. According to its most recent Form D, filed May 11, 2023, it has sold $12,235,000 of interests to 42 investors since its first sale in May 2022. The minimum investment it accepts from an outside investor is $5,000. 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 Itamar Novick.
- Total raised
- $12,235,000Cumulative sales reported on Form D
- Investors
- 42
- First sale
- May 17, 2022
- Minimum investment
- $5,000
- 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
- Itamar Novick
- Latest Form D
- May 11, 2023
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 Recursive Ventures III, L.P.
What is the minimum investment for Recursive Ventures III, L.P.?
According to its latest Form D, filed May 11, 2023, the minimum investment Recursive Ventures III, L.P. accepts from an outside investor is $5,000.
Who can invest in Recursive Ventures III, L.P.?
Recursive Ventures III, L.P. 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 Recursive Ventures III, L.P. raised?
Recursive Ventures III, L.P. reports $12,235,000 sold from 42 investors on its Form D filed May 11, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Recursive Ventures III, L.P. based?
Recursive Ventures III, L.P. is based in El Cerrito, California.
When did Recursive Ventures III, L.P. launch?
Recursive Ventures III, L.P. reports its first sale in May 2022.
Size compared with every venture capital fund
Raised more than 78% of the 2,224 venture capital funds based in California, and more than 89% of all 14,835 that report sales.