Summit Equity Group LLC
Summit Equity Group LLC is a venture capital fund based in Bentonville, Arkansas. According to its most recent Form D, filed Oct 6, 2021, it has sold $5,450,000 of interests to 22 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $50,000. 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 LLC Silver Bridge Partners.
- Total raised
- $5,450,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Oct 4, 2021
- Minimum investment
- $50,000
- 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 Silver Bridge Partners
- Latest Form D
- Oct 6, 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 Summit Equity Group LLC
What is the minimum investment for Summit Equity Group LLC?
According to its latest Form D, filed Oct 6, 2021, the minimum investment Summit Equity Group LLC accepts from an outside investor is $50,000.
Who can invest in Summit Equity Group LLC?
Summit Equity Group 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 Summit Equity Group LLC raised?
Summit Equity Group LLC reports $5,450,000 sold from 22 investors on its Form D filed Oct 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Summit Equity Group LLC based?
Summit Equity Group LLC is based in Bentonville, Arkansas.
When did Summit Equity Group LLC launch?
Summit Equity Group LLC reports its first sale in Oct 2021.
Size compared with every venture capital fund
Raised more than 100% of the 3 venture capital funds based in Arkansas, and more than 83% of all 14,820 that report sales.