UpdateAI NV Partners, LLC
UpdateAI NV Partners, LLC is a venture capital fund based in Sunny Isles, Florida. According to its most recent Form D, filed Mar 29, 2022, it has sold $769,600 of interests to 21 investors since its first sale in Mar 2022. 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 LLC Neman Ventures.
- Total raised
- $769,600Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Mar 16, 2022
- 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
- LLC Neman Ventures
- Latest Form D
- Mar 29, 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 UpdateAI NV Partners, LLC
What is the minimum investment for UpdateAI NV Partners, LLC?
According to its latest Form D, filed Mar 29, 2022, the minimum investment UpdateAI NV Partners, LLC accepts from an outside investor is $25,000.
Who can invest in UpdateAI NV Partners, LLC?
UpdateAI NV Partners, 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 UpdateAI NV Partners, LLC raised?
UpdateAI NV Partners, LLC reports $769,600 sold from 21 investors on its Form D filed Mar 29, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is UpdateAI NV Partners, LLC based?
UpdateAI NV Partners, LLC is based in Sunny Isles, Florida.
When did UpdateAI NV Partners, LLC launch?
UpdateAI NV Partners, LLC reports its first sale in Mar 2022.
Size compared with every venture capital fund
Raised more than 48% of the 568 venture capital funds based in Florida, and more than 56% of all 14,865 that report sales.