Rising Tide Fund LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 22, 2015, it has sold $1,020,000 of interests to 97 investors since its first sale in Dec 2015. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Victoria Barnard; Wendee Wolfson; Patricia Costello.
- Total raised
- $1,020,000Cumulative sales reported on Form D
- Investors
- 97
- First sale
- Dec 7, 2015
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Victoria Barnard; Wendee Wolfson; Patricia Costello
- Latest Form D
- Dec 22, 2015
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 Rising Tide Fund LLC
What is the minimum investment for Rising Tide Fund LLC?
According to its latest Form D, filed Dec 22, 2015, the minimum investment Rising Tide Fund LLC accepts from an outside investor is $10,000.
Who can invest in Rising Tide Fund LLC?
Rising Tide Fund 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Rising Tide Fund LLC raised?
Rising Tide Fund LLC reports $1,020,000 sold from 97 investors on its Form D filed Dec 22, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Rising Tide Fund LLC based?
Rising Tide Fund LLC is based in San Francisco, California.
When did Rising Tide Fund LLC launch?
Rising Tide Fund LLC reports its first sale in Dec 2015.
Size compared with every venture capital fund
Raised more than 50% of the 2,222 venture capital funds based in California, and more than 61% of all 14,829 that report sales.