UP Funds, LP - B3 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Jul 15, 2022, it has sold $1,044,428 of interests to 21 investors since its first sale in Jul 2022. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ltd. Belltower Fund Group; LLC Fund GP.
- Total raised
- $1,044,428Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jul 8, 2022
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Ltd. Belltower Fund Group; LLC Fund GP
- Latest Form D
- Jul 15, 2022
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 UP Funds, LP - B3
What is the minimum investment for UP Funds, LP - B3?
According to its latest Form D, filed Jul 15, 2022, the minimum investment UP Funds, LP - B3 accepts from an outside investor is $5,000.
Who can invest in UP Funds, LP - B3?
UP Funds, LP - B3 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(c), so it may advertise, but every investor must be verified as accredited.
How much has UP Funds, LP - B3 raised?
UP Funds, LP - B3 reports $1,044,428 sold from 21 investors on its Form D filed Jul 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is UP Funds, LP - B3 based?
UP Funds, LP - B3 is based in Seattle, Washington.
When did UP Funds, LP - B3 launch?
UP Funds, LP - B3 reports its first sale in Jul 2022.
Size compared with every venture capital fund
Raised more than 84% of the 5,438 venture capital funds based in Washington, and more than 62% of all 14,875 that report sales.