Sblii LP is a venture capital fund based in Lehi, Utah. According to its most recent Form D, filed Nov 4, 2025, it has sold $2,250,000 of interests to 10 investors since its first sale in Oct 2025. The filing does not set a minimum investment. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Pig Money LLC.
- Total raised
- $2,250,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 31, 2025
- Minimum investment
- None set
- 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
- Pig Money LLC
- Latest Form D
- Nov 4, 2025
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 Sblii LP
What is the minimum investment for Sblii LP?
Sblii LP's latest Form D, filed Nov 4, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sblii LP?
Sblii 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 Sblii LP raised?
Sblii LP reports $2,250,000 sold from 10 investors on its Form D filed Nov 4, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Sblii LP based?
Sblii LP is based in Lehi, Utah.
When did Sblii LP launch?
Sblii LP reports its first sale in Oct 2025, 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 51% of the 120 venture capital funds based in Utah, and more than 73% of all 15,163 that report sales.