Shadow Ventures Fund 3, LP is a venture capital fund based in Atlanta, Georgia. According to its most recent Form D, filed Apr 8, 2021, it has sold $12,000,000 of interests to 54 investors since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $250,000. 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 Pramod Reddy; Shadow Ventures Fund 3 GP, LLC.
- Total raised
- $12,000,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Jun 30, 2019
- Minimum investment
- $250,000
- 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
- Pramod Reddy; Shadow Ventures Fund 3 GP, LLC
- Latest Form D
- Apr 8, 2021
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 Shadow Ventures Fund 3, LP
What is the minimum investment for Shadow Ventures Fund 3, LP?
According to its latest Form D, filed Apr 8, 2021, the minimum investment Shadow Ventures Fund 3, LP accepts from an outside investor is $250,000.
Who can invest in Shadow Ventures Fund 3, LP?
Shadow Ventures Fund 3, 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 Shadow Ventures Fund 3, LP raised?
Shadow Ventures Fund 3, LP reports $12,000,000 sold from 54 investors on its Form D filed Apr 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Shadow Ventures Fund 3, LP based?
Shadow Ventures Fund 3, LP is based in Atlanta, Georgia.
When did Shadow Ventures Fund 3, LP launch?
Shadow Ventures Fund 3, LP reports its first sale in Jun 2019.
Size compared with every venture capital fund
Raised more than 81% of the 47 venture capital funds based in Georgia, and more than 89% of all 14,829 that report sales.