Spacefaring Ventures Fund 7, LLC
Spacefaring Ventures Fund 7, LLC is a private investment fund based in West Jordan, Utah. According to its most recent Form D, filed Jan 13, 2025, it has sold $216,000 of interests to 1 investor since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $500,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include LLC Spacefaring Ventures; Richard Thoms; LLC Allocations Fund Administration.
- Total raised
- $216,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Dec 30, 2024
- Minimum investment
- $500,000
- 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
- LLC Spacefaring Ventures; Richard Thoms; LLC Allocations Fund Administration
- Latest Form D
- Jan 13, 2025
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 Spacefaring Ventures Fund 7, LLC
What is the minimum investment for Spacefaring Ventures Fund 7, LLC?
According to its latest Form D, filed Jan 13, 2025, the minimum investment Spacefaring Ventures Fund 7, LLC accepts from an outside investor is $500,000.
Who can invest in Spacefaring Ventures Fund 7, LLC?
Spacefaring Ventures Fund 7, 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 Spacefaring Ventures Fund 7, LLC raised?
Spacefaring Ventures Fund 7, LLC reports $216,000 sold from 1 investor on its Form D filed Jan 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Spacefaring Ventures Fund 7, LLC based?
Spacefaring Ventures Fund 7, LLC is based in West Jordan, Utah.
When did Spacefaring Ventures Fund 7, LLC launch?
Spacefaring Ventures Fund 7, LLC reports its first sale in Dec 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 27% of the 197 private investment funds based in Utah, and more than 5% of all 10,287 that report sales.