SP Satoshi River, LLC
SP Satoshi River, LLC is a venture capital fund based in Fort Worth, Texas. According to its most recent Form D, filed May 19, 2021, it has sold $4,350,000 of interests to 9 investors since its first sale in May 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Summit Peak Ventures GP II, LLC; Patrick O'Connor; Apurva Mehta.
- Total raised
- $4,350,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- May 7, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Summit Peak Ventures GP II, LLC; Patrick O'Connor; Apurva Mehta
- Latest Form D
- May 19, 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 Satoshi River, LLC
What is the minimum investment for SP Satoshi River, LLC?
SP Satoshi River, LLC's latest Form D, filed May 19, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Satoshi River, LLC?
SP Satoshi River, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has SP Satoshi River, LLC raised?
SP Satoshi River, LLC reports $4,350,000 sold from 9 investors on its Form D filed May 19, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Satoshi River, LLC based?
SP Satoshi River, LLC is based in Fort Worth, Texas.
When did SP Satoshi River, LLC launch?
SP Satoshi River, LLC reports its first sale in May 2021.
Size compared with every venture capital fund
Raised more than 71% of the 489 venture capital funds based in Texas, and more than 80% of all 14,840 that report sales.