Upload Global LLC, Series IOT is a private equity fund based in Sao Paulo, Brazil. According to its most recent Form D, filed Nov 22, 2024, it has sold $2,310,000 of interests to 4 investors since its first sale in Nov 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Carlos Simonsen; Upload Management LLC, Series IOT; Upload Management Group LLC.
- Total raised
- $2,310,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Nov 19, 2024
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Carlos Simonsen; Upload Management LLC, Series IOT; Upload Management Group LLC
- Latest Form D
- Nov 22, 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 Upload Global LLC, Series IOT
What is the minimum investment for Upload Global LLC, Series IOT?
Upload Global LLC, Series IOT's latest Form D, filed Nov 22, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Upload Global LLC, Series IOT?
Upload Global LLC, Series IOT is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Upload Global LLC, Series IOT raised?
Upload Global LLC, Series IOT reports $2,310,000 sold from 4 investors on its Form D filed Nov 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Upload Global LLC, Series IOT based?
Upload Global LLC, Series IOT is based in Sao Paulo, Brazil.
When did Upload Global LLC, Series IOT launch?
Upload Global LLC, Series IOT reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 25% of the 12 private equity funds based in Brazil, and more than 27% of all 9,159 that report sales.