SP Diamond Mountain, LLC
SP Diamond Mountain, LLC is a venture capital fund based in Fort Worth, Texas. According to its most recent Form D, filed Aug 25, 2021, it has sold $2,225,000 of interests to 10 investors since its first sale in Aug 2021. 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 Apurva Mehta; Patrick O'Connor; Summit Peak Ventures Coinvest GP I, LLC.
- Total raised
- $2,225,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 5, 2021
- 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
- Apurva Mehta; Patrick O'Connor; Summit Peak Ventures Coinvest GP I, LLC
- Latest Form D
- Aug 25, 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 SP Diamond Mountain, LLC
What is the minimum investment for SP Diamond Mountain, LLC?
SP Diamond Mountain, LLC's latest Form D, filed Aug 25, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Diamond Mountain, LLC?
SP Diamond Mountain, LLC 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 SP Diamond Mountain, LLC raised?
SP Diamond Mountain, LLC reports $2,225,000 sold from 10 investors on its Form D filed Aug 25, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Diamond Mountain, LLC based?
SP Diamond Mountain, LLC is based in Fort Worth, Texas.
When did SP Diamond Mountain, LLC launch?
SP Diamond Mountain, LLC reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 63% of the 492 venture capital funds based in Texas, and more than 73% of all 14,875 that report sales.