Rizvi AI III LLC is a venture capital fund based in West Palm Beach, Florida. According to its most recent Form D, filed Aug 5, 2026, it has sold $2,099,000 of interests to 3 investors since its first sale in Jul 2026. The minimum investment it accepts from an outside investor is $250,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Suhail Rizvi.
- Total raised
- $2,099,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jul 31, 2026
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Suhail Rizvi
- Latest Form D
- Aug 5, 2026
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 Rizvi AI III LLC
What is the minimum investment for Rizvi AI III LLC?
According to its latest Form D, filed Aug 5, 2026, the minimum investment Rizvi AI III LLC accepts from an outside investor is $250,000.
Who can invest in Rizvi AI III LLC?
Rizvi AI III LLC 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 Rizvi AI III LLC raised?
Rizvi AI III LLC reports $2,099,000 sold from 3 investors on its Form D filed Aug 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Rizvi AI III LLC based?
Rizvi AI III LLC is based in West Palm Beach, Florida.
When did Rizvi AI III LLC launch?
Rizvi AI III LLC reports its first sale in Jul 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 54% of the 585 venture capital funds based in Florida, and more than 72% of all 15,160 that report sales.