SV-I Rigetti 1, LLC is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Nov 13, 2017, it has sold $1,655,000 of interests to 10 investors since its first sale in Nov 2017. 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 Ullas Naik.
- Total raised
- $1,655,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Nov 9, 2017
- 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
- Ullas Naik
- Latest Form D
- Nov 13, 2017
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 SV-I Rigetti 1, LLC
What is the minimum investment for SV-I Rigetti 1, LLC?
SV-I Rigetti 1, LLC's latest Form D, filed Nov 13, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SV-I Rigetti 1, LLC?
SV-I Rigetti 1, 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 SV-I Rigetti 1, LLC raised?
SV-I Rigetti 1, LLC reports $1,655,000 sold from 10 investors on its Form D filed Nov 13, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is SV-I Rigetti 1, LLC based?
SV-I Rigetti 1, LLC is based in Palo Alto, California.
When did SV-I Rigetti 1, LLC launch?
SV-I Rigetti 1, LLC reports its first sale in Nov 2017.
Size compared with every venture capital fund
Raised more than 54% of the 2,226 venture capital funds based in California, and more than 69% of all 14,875 that report sales.