AltMountain

True-Es, LLC

Status: no Form D since Sep 2020. 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.

True-Es, LLC is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Sep 2, 2020, it has sold $5,515,000 of interests to 60 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $5,000. 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 True Ventures Management Company, LLC.

Total raised
$5,515,000Cumulative sales reported on Form D
Investors
60
First sale
Jul 20, 2020
Minimum investment
$5,000
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
True Ventures Management Company, LLC
Latest Form D
Sep 2, 2020

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 True-Es, LLC

What is the minimum investment for True-Es, LLC?

According to its latest Form D, filed Sep 2, 2020, the minimum investment True-Es, LLC accepts from an outside investor is $5,000.

Who can invest in True-Es, LLC?

True-Es, 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 True-Es, LLC raised?

True-Es, LLC reports $5,515,000 sold from 60 investors on its Form D filed Sep 2, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is True-Es, LLC based?

True-Es, LLC is based in San Francisco, California.

When did True-Es, LLC launch?

True-Es, LLC reports its first sale in Jul 2020.

Size compared with every private investment fund

Raised more than 53% of the 1,711 private investment funds based in California, and more than 33% of all 10,248 that report sales.

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