Vcapital Padcaster, LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 4, 2019, it has sold $635,000 of interests to 9 investors since its first sale in Sep 2017. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include James Vaughn; Leonard Batterson.
- Total raised
- $635,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Sep 11, 2017
- Minimum investment
- $25,000
- 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
- James Vaughn; Leonard Batterson
- Latest Form D
- Nov 4, 2019
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 Vcapital Padcaster, LLC
What is the minimum investment for Vcapital Padcaster, LLC?
According to its latest Form D, filed Nov 4, 2019, the minimum investment Vcapital Padcaster, LLC accepts from an outside investor is $25,000.
Who can invest in Vcapital Padcaster, LLC?
Vcapital Padcaster, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Vcapital Padcaster, LLC raised?
Vcapital Padcaster, LLC reports $635,000 sold from 9 investors on its Form D filed Nov 4, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Vcapital Padcaster, LLC based?
Vcapital Padcaster, LLC is based in Chicago, Illinois.
When did Vcapital Padcaster, LLC launch?
Vcapital Padcaster, LLC reports its first sale in Sep 2017.
Size compared with every venture capital fund
Raised more than 32% of the 146 venture capital funds based in Illinois, and more than 53% of all 14,840 that report sales.