Vcapital Synap, LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 4, 2019, it has sold $449,984 of interests to 10 investors since its first sale in Feb 2017. The minimum investment it accepts from an outside investor is $19,984. 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 Leonard Batterson; James Vaughn.
- Total raised
- $449,984Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Feb 1, 2017
- Minimum investment
- $19,984
- 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
- Leonard Batterson; James Vaughn
- 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 Synap, LLC
What is the minimum investment for Vcapital Synap, LLC?
According to its latest Form D, filed Nov 4, 2019, the minimum investment Vcapital Synap, LLC accepts from an outside investor is $19,984.
Who can invest in Vcapital Synap, LLC?
Vcapital Synap, 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 Synap, LLC raised?
Vcapital Synap, LLC reports $449,984 sold from 10 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 Synap, LLC based?
Vcapital Synap, LLC is based in Chicago, Illinois.
When did Vcapital Synap, LLC launch?
Vcapital Synap, LLC reports its first sale in Feb 2017.
Size compared with every venture capital fund
Raised more than 29% of the 146 venture capital funds based in Illinois, and more than 46% of all 14,835 that report sales.