Snocap US, LP is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Apr 12, 2023, it has sold $2,253,000 of interests to 11 investors since its first sale in Mar 2023. 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. Related persons named in the filing include Nathaniel Salpeter; Jonathan Azoff; Snocap US, GP.
- Total raised
- $2,253,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 31, 2023
- 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
- Nathaniel Salpeter; Jonathan Azoff; Snocap US, GP
- Latest Form D
- Apr 12, 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 Snocap US, LP
What is the minimum investment for Snocap US, LP?
Snocap US, LP's latest Form D, filed Apr 12, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Snocap US, LP?
Snocap US, 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 Snocap US, LP raised?
Snocap US, LP reports $2,253,000 sold from 11 investors on its Form D filed Apr 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Snocap US, LP based?
Snocap US, LP is based in Seattle, Washington.
When did Snocap US, LP launch?
Snocap US, LP reports its first sale in Mar 2023.
Size compared with every venture capital fund
Raised more than 92% of the 5,396 venture capital funds based in Washington, and more than 73% of all 14,768 that report sales.