Techstars NYC 2016 LLC is a venture capital fund based in Boulder, Colorado. According to its most recent Form D, filed Oct 6, 2016, it has sold $3,880,000 of interests to 38 investors since its first sale in Sep 2016. 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 David Cohen; Mark Solon; Techstars Central LLC.
- Total raised
- $3,880,000Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Sep 6, 2016
- 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
- David Cohen; Mark Solon; Techstars Central LLC
- Latest Form D
- Oct 6, 2016
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 Techstars NYC 2016 LLC
What is the minimum investment for Techstars NYC 2016 LLC?
Techstars NYC 2016 LLC's latest Form D, filed Oct 6, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Techstars NYC 2016 LLC?
Techstars NYC 2016 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 Techstars NYC 2016 LLC raised?
Techstars NYC 2016 LLC reports $3,880,000 sold from 38 investors on its Form D filed Oct 6, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Techstars NYC 2016 LLC based?
Techstars NYC 2016 LLC is based in Boulder, Colorado.
When did Techstars NYC 2016 LLC launch?
Techstars NYC 2016 LLC reports its first sale in Sep 2016.
Size compared with every venture capital fund
Raised more than 66% of the 92 venture capital funds based in Colorado, and more than 79% of all 14,865 that report sales.