XC Cargomatic - A, LLC
XC Cargomatic - A, LLC is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Nov 2, 2020, it has sold $2,750,000 of interests to 10 investors since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $100,000. 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. Related persons named in the filing include Xplorer Capital Fund III GP, LLC; Keith Nilsson.
- Total raised
- $2,750,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 30, 2020
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Xplorer Capital Fund III GP, LLC; Keith Nilsson
- Latest Form D
- Nov 2, 2020
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 XC Cargomatic - A, LLC
What is the minimum investment for XC Cargomatic - A, LLC?
According to its latest Form D, filed Nov 2, 2020, the minimum investment XC Cargomatic - A, LLC accepts from an outside investor is $100,000.
Who can invest in XC Cargomatic - A, LLC?
XC Cargomatic - A, LLC 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 XC Cargomatic - A, LLC raised?
XC Cargomatic - A, LLC reports $2,750,000 sold from 10 investors on its Form D filed Nov 2, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is XC Cargomatic - A, LLC based?
XC Cargomatic - A, LLC is based in Menlo Park, California.
When did XC Cargomatic - A, LLC launch?
XC Cargomatic - A, LLC reports its first sale in Oct 2020.
Size compared with every venture capital fund
Raised more than 60% of the 2,199 venture capital funds based in California, and more than 75% of all 14,768 that report sales.