AltMountain

WeAct Ventures, L.P.

Los Altos, CA · CIK 1863121
506(c)
Status: no Form D since May 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

WeAct Ventures, L.P. is a private investment fund based in Los Altos, California. According to its most recent Form D, filed May 19, 2021, it has sold $1,100,000 of interests to 5 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $100,000. 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 Darya Shaked.

Total raised
$1,100,000Cumulative sales reported on Form D
Investors
5
First sale
May 7, 2021
Minimum investment
$100,000
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
Darya Shaked
Latest Form D
May 19, 2021

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 WeAct Ventures, L.P.

What is the minimum investment for WeAct Ventures, L.P.?

According to its latest Form D, filed May 19, 2021, the minimum investment WeAct Ventures, L.P. accepts from an outside investor is $100,000.

Who can invest in WeAct Ventures, L.P.?

WeAct Ventures, L.P. 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 WeAct Ventures, L.P. raised?

WeAct Ventures, L.P. reports $1,100,000 sold from 5 investors on its Form D filed May 19, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is WeAct Ventures, L.P. based?

WeAct Ventures, L.P. is based in Los Altos, California.

When did WeAct Ventures, L.P. launch?

WeAct Ventures, L.P. reports its first sale in May 2021.

Size compared with every private investment fund

Raised more than 37% of the 1,719 private investment funds based in California, and more than 15% of all 10,266 that report sales.

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