Rt-Ai I LLC
Rt-Ai I LLC is a venture capital fund based in West Palm Beach, Florida. According to its most recent Form D, filed Apr 30, 2024, it has sold $70,452,790 of interests to 1 investor since its first sale in Apr 2024. The minimum investment it accepts from an outside investor is $70,000,000. 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. Related persons named in the filing include Suhail Rizvi.
- Total raised
- $70,452,790Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 19, 2024
- Minimum investment
- $70,000,000
- 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
- Apr 30, 2024
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 Rt-Ai I LLC
What is the minimum investment for Rt-Ai I LLC?
According to its latest Form D, filed Apr 30, 2024, the minimum investment Rt-Ai I LLC accepts from an outside investor is $70,000,000.
Who can invest in Rt-Ai I LLC?
Rt-Ai I 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 Rt-Ai I LLC raised?
Rt-Ai I LLC reports $70,452,790 sold from 1 investor on its Form D filed Apr 30, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Rt-Ai I LLC based?
Rt-Ai I LLC is based in West Palm Beach, Florida.
When did Rt-Ai I LLC launch?
Rt-Ai I LLC reports its first sale in Apr 2024.
Size compared with every venture capital fund
Raised more than 98% of the 562 venture capital funds based in Florida, and more than 97% of all 14,800 that report sales.