Broom Ventures Fund II LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Dec 6, 2024, it has sold $20,080,000 of interests to 63 investors since its first sale in Jul 2023. The minimum investment it accepts from an outside investor is $10,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Jeffrey Rosen; Broom Ventures, LLC; DVK LLC.
- Total raised
- $20,080,000Cumulative sales reported on Form D
- Investors
- 63
- First sale
- Jul 1, 2023
- Minimum investment
- $10,000
- 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
- Jeffrey Rosen; Broom Ventures, LLC; DVK LLC
- Latest Form D
- Dec 6, 2024
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 Broom Ventures Fund II LP
What is the minimum investment for Broom Ventures Fund II LP?
According to its latest Form D, filed Dec 6, 2024, the minimum investment Broom Ventures Fund II LP accepts from an outside investor is $10,000.
Who can invest in Broom Ventures Fund II LP?
Broom Ventures Fund II LP 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 Broom Ventures Fund II LP raised?
Broom Ventures Fund II LP reports $20,080,000 sold from 63 investors on its Form D filed Dec 6, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Broom Ventures Fund II LP based?
Broom Ventures Fund II LP is based in San Francisco, California.
When did Broom Ventures Fund II LP launch?
Broom Ventures Fund II LP reports its first sale in Jul 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 82% of the 2,268 venture capital funds based in California, and more than 92% of all 15,160 that report sales.