Springrock Ventures III LP is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Mar 28, 2024, it has sold $33,000,000 of interests to 6 investors since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $3,000,000. 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 Mark Mitchke; Bradley Berg.
- Total raised
- $33,000,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Mar 15, 2024
- Minimum investment
- $3,000,000
- 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
- Mark Mitchke; Bradley Berg
- Latest Form D
- Mar 28, 2024
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 Springrock Ventures III LP
What is the minimum investment for Springrock Ventures III LP?
According to its latest Form D, filed Mar 28, 2024, the minimum investment Springrock Ventures III LP accepts from an outside investor is $3,000,000.
Who can invest in Springrock Ventures III LP?
Springrock Ventures III 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 Springrock Ventures III LP raised?
Springrock Ventures III LP reports $33,000,000 sold from 6 investors on its Form D filed Mar 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Springrock Ventures III LP based?
Springrock Ventures III LP is based in Seattle, Washington.
When did Springrock Ventures III LP launch?
Springrock Ventures III LP reports its first sale in Mar 2024.
Size compared with every venture capital fund
Raised more than 100% of the 5,429 venture capital funds based in Washington, and more than 95% of all 14,840 that report sales.