TSG Ventures XI, LLC
TSG Ventures XI, LLC is a venture capital fund based in Palos Verdes Estates, California. According to its most recent Form D, filed Apr 26, 2021, it has sold $1,936,069 of interests to 82 investors since its first sale in Apr 2021. 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 The Syndicate Group, Inc; Chad Cardenas.
- Total raised
- $1,936,069Cumulative sales reported on Form D
- Investors
- 82
- First sale
- Apr 13, 2021
- 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
- The Syndicate Group, Inc; Chad Cardenas
- Latest Form D
- Apr 26, 2021
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 TSG Ventures XI, LLC
What is the minimum investment for TSG Ventures XI, LLC?
TSG Ventures XI, LLC's latest Form D, filed Apr 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in TSG Ventures XI, LLC?
TSG Ventures XI, 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 TSG Ventures XI, LLC raised?
TSG Ventures XI, LLC reports $1,936,069 sold from 82 investors on its Form D filed Apr 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is TSG Ventures XI, LLC based?
TSG Ventures XI, LLC is based in Palos Verdes Estates, California.
When did TSG Ventures XI, LLC launch?
TSG Ventures XI, LLC reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 56% of the 2,222 venture capital funds based in California, and more than 70% of all 14,829 that report sales.