TechU Angels Management Inc.
TechU Angels Management Inc. is a venture capital fund based in Great Neck, New York. According to its most recent Form D, filed Sep 4, 2015, it has sold $50,000 of interests to 2 investors since its first sale in Oct 2014. The minimum investment it accepts from an outside investor is $25,000. 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 Khodadad Natanel Barookhian.
- Total raised
- $50,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Oct 22, 2014
- Minimum investment
- $25,000
- 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
- Khodadad Natanel Barookhian
- Latest Form D
- Sep 4, 2015
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 TechU Angels Management Inc.
What is the minimum investment for TechU Angels Management Inc.?
According to its latest Form D, filed Sep 4, 2015, the minimum investment TechU Angels Management Inc. accepts from an outside investor is $25,000.
Who can invest in TechU Angels Management Inc.?
TechU Angels Management Inc. 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 TechU Angels Management Inc. raised?
TechU Angels Management Inc. reports $50,000 sold from 2 investors on its Form D filed Sep 4, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is TechU Angels Management Inc. based?
TechU Angels Management Inc. is based in Great Neck, New York.
When did TechU Angels Management Inc. launch?
TechU Angels Management Inc. reports its first sale in Oct 2014.
Size compared with every venture capital fund
Raised more than 29% of the 1,235 venture capital funds based in New York, and more than 5% of all 14,829 that report sales.