Xplorer Capital continuation Fund I, LLC
Xplorer Capital continuation Fund I, LLC is a venture capital fund based in Menlo Park, California. According to its most recent Form D, filed Dec 27, 2023, it has sold $3,137,728 of interests to 4 investors since its first sale in Dec 2023. 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(b), which does not permit general solicitation. Related persons named in the filing include Keith Nilsson; Xplorer Capital Fund III GP, LLC.
- Total raised
- $3,137,728Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Dec 15, 2023
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Keith Nilsson; Xplorer Capital Fund III GP, LLC
- Latest Form D
- Dec 27, 2023
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 Xplorer Capital continuation Fund I, LLC
What is the minimum investment for Xplorer Capital continuation Fund I, LLC?
According to its latest Form D, filed Dec 27, 2023, the minimum investment Xplorer Capital continuation Fund I, LLC accepts from an outside investor is $100,000.
Who can invest in Xplorer Capital continuation Fund I, LLC?
Xplorer Capital continuation Fund I, 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(b), which does not allow general advertising.
How much has Xplorer Capital continuation Fund I, LLC raised?
Xplorer Capital continuation Fund I, LLC reports $3,137,728 sold from 4 investors on its Form D filed Dec 27, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Xplorer Capital continuation Fund I, LLC based?
Xplorer Capital continuation Fund I, LLC is based in Menlo Park, California.
When did Xplorer Capital continuation Fund I, LLC launch?
Xplorer Capital continuation Fund I, LLC reports its first sale in Dec 2023.
Size compared with every venture capital fund
Raised more than 62% of the 2,227 venture capital funds based in California, and more than 77% of all 14,865 that report sales.