Scale.AI Secondary, LP
Scale.AI Secondary, LP is a venture capital fund based in South Lake Tahoe, California. According to its most recent Form D, filed Mar 7, 2023, it has sold $680,000 of interests to 44 investors since its first sale in Feb 2023. The minimum investment it accepts from an outside investor is $2,500. 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 CapitalX, LLC; Xinjuan Bi.
- Total raised
- $680,000Cumulative sales reported on Form D
- Investors
- 44
- First sale
- Feb 27, 2023
- Minimum investment
- $2,500
- 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
- CapitalX, LLC; Xinjuan Bi
- Latest Form D
- Mar 7, 2023
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 Scale.AI Secondary, LP
What is the minimum investment for Scale.AI Secondary, LP?
According to its latest Form D, filed Mar 7, 2023, the minimum investment Scale.AI Secondary, LP accepts from an outside investor is $2,500.
Who can invest in Scale.AI Secondary, LP?
Scale.AI Secondary, 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 Scale.AI Secondary, LP raised?
Scale.AI Secondary, LP reports $680,000 sold from 44 investors on its Form D filed Mar 7, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Scale.AI Secondary, LP based?
Scale.AI Secondary, LP is based in South Lake Tahoe, California.
When did Scale.AI Secondary, LP launch?
Scale.AI Secondary, LP reports its first sale in Feb 2023.
Size compared with every venture capital fund
Raised more than 47% of the 2,222 venture capital funds based in California, and more than 54% of all 14,829 that report sales.