Savory Fund III LP is a venture capital fund based in Lehi, Utah. According to its most recent Form D, filed Jan 12, 2024, it has sold $350,000 of interests to 1 investor since its first sale in Jan 2024. The minimum investment it accepts from an outside investor is $1,000,000. 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 See Clarification See Clarification; Andrew Smith.
- Total raised
- $350,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 4, 2024
- Minimum investment
- $1,000,000
- 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
- See Clarification See Clarification; Andrew Smith
- Latest Form D
- Jan 12, 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 Savory Fund III LP
What is the minimum investment for Savory Fund III LP?
According to its latest Form D, filed Jan 12, 2024, the minimum investment Savory Fund III LP accepts from an outside investor is $1,000,000.
Who can invest in Savory Fund III LP?
Savory Fund III LP 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 Savory Fund III LP raised?
Savory Fund III LP reports $350,000 sold from 1 investor on its Form D filed Jan 12, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Savory Fund III LP based?
Savory Fund III LP is based in Lehi, Utah.
When did Savory Fund III LP launch?
Savory Fund III LP reports its first sale in Jan 2024.
Size compared with every venture capital fund
Raised more than 26% of the 117 venture capital funds based in Utah, and more than 42% of all 14,865 that report sales.