Wefunder Portfolio LLC
Wefunder Portfolio LLC is a venture capital fund organized in Delaware, United States and advised by Wefunder. Its adviser reported $4,465,864 in gross assets for the fund on Form ADV, filed Mar 29, 2024. It reported 511 beneficial owners, about 13% of it owned by non-U.S. persons. The minimum investment it accepts is $100. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $4,465,864As reported on Form ADV
- Beneficial owners
- 511
- Minimum investment
- $100
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Venture capital fund
- Domicile
- Delaware, United States
- Adviser
- Wefunder · SAN Francisco, CA · CRD 167803
- Reported on
- Mar 29, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Wefunder Portfolio LLC
What is the minimum investment for Wefunder Portfolio LLC?
According to its adviser's Form ADV filed Mar 29, 2024, the minimum investment Wefunder Portfolio LLC accepts is $100.
Who can invest in Wefunder Portfolio LLC?
Wefunder Portfolio 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).
How large is Wefunder Portfolio LLC?
Its adviser reported $4,465,864 in gross assets on Form ADV filed Mar 29, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Wefunder Portfolio LLC?
Wefunder Portfolio LLC is advised by Wefunder, based in SAN Francisco, CA.