AltMountain

Sterling Road 3, L.P.

San Francisco, CA · CIK 1913101
Status: no Form D since May 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Sterling Road 3, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed May 22, 2023, it has sold $8,330,000 of interests to 39 investors since its first sale in Mar 2022. 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 Ashley Rust.

Total raised
$8,330,000Cumulative sales reported on Form D
Investors
39
First sale
Mar 15, 2022
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
Ashley Rust
Latest Form D
May 22, 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 Sterling Road 3, L.P.

What is the minimum investment for Sterling Road 3, L.P.?

Sterling Road 3, L.P.'s latest Form D, filed May 22, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Sterling Road 3, L.P.?

Sterling Road 3, L.P. 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 Sterling Road 3, L.P. raised?

Sterling Road 3, L.P. reports $8,330,000 sold from 39 investors on its Form D filed May 22, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Sterling Road 3, L.P. based?

Sterling Road 3, L.P. is based in San Francisco, California.

When did Sterling Road 3, L.P. launch?

Sterling Road 3, L.P. reports its first sale in Mar 2022.

Size compared with every venture capital fund

Raised more than 73% of the 2,227 venture capital funds based in California, and more than 86% of all 14,865 that report sales.

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