Rt-Ai III LLC
Rt-Ai III LLC is a venture capital fund based in West Palm Beach, Florida. According to its most recent Form D, filed Jun 24, 2024, it has sold $4,000,000 of interests to 1 investor since its first sale in Jun 2024. The minimum investment it accepts from an outside investor is $4,000,000. 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 Suhail Rizvi.
- Total raised
- $4,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 17, 2024
- Minimum investment
- $4,000,000
- 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
- Suhail Rizvi
- Latest Form D
- Jun 24, 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 III LLC
What is the minimum investment for Rt-Ai III LLC?
According to its latest Form D, filed Jun 24, 2024, the minimum investment Rt-Ai III LLC accepts from an outside investor is $4,000,000.
Who can invest in Rt-Ai III LLC?
Rt-Ai III 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(b), which does not allow general advertising.
How much has Rt-Ai III LLC raised?
Rt-Ai III LLC reports $4,000,000 sold from 1 investor on its Form D filed Jun 24, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Rt-Ai III LLC based?
Rt-Ai III LLC is based in West Palm Beach, Florida.
When did Rt-Ai III LLC launch?
Rt-Ai III LLC reports its first sale in Jun 2024.
Size compared with every venture capital fund
Raised more than 64% of the 560 venture capital funds based in Florida, and more than 79% of all 14,840 that report sales.