True VC Fund 7, LLC
True VC Fund 7, LLC is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Aug 13, 2024, it has sold $2,202,500 of interests to 29 investors since its first sale in Jul 2022. 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 none] True Ventures Management Company, LLC; Heather Goodman; Doug Raetz.
- Total raised
- $2,202,500Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Jul 18, 2022
- 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
- none] True Ventures Management Company, LLC; Heather Goodman; Doug Raetz
- Latest Form D
- Aug 13, 2024
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 VC Fund 7, LLC
What is the minimum investment for True VC Fund 7, LLC?
True VC Fund 7, LLC's latest Form D, filed Aug 13, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in True VC Fund 7, LLC?
True VC Fund 7, 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 VC Fund 7, LLC raised?
True VC Fund 7, LLC reports $2,202,500 sold from 29 investors on its Form D filed Aug 13, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is True VC Fund 7, LLC based?
True VC Fund 7, LLC is based in San Francisco, California.
When did True VC Fund 7, LLC launch?
True VC Fund 7, LLC reports its first sale in Jul 2022.
Size compared with every private investment fund
Raised more than 42% of the 1,719 private investment funds based in California, and more than 22% of all 10,333 that report sales.