Grit Capital Seed 2, LLC
Grit Capital Seed 2, LLC is a venture capital fund based in Mount Washington, Maryland. According to its most recent Form D, filed Mar 7, 2025, it has sold $9,690,000 of interests to 35 investors since its first sale in Jul 2021. The filing does not set a minimum investment. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Grit Capital Seed 2 Manager, LLC; Grit Growth Management, LLC; Paul Palmieri.
- Total raised
- $9,690,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Jul 9, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Grit Capital Seed 2 Manager, LLC; Grit Growth Management, LLC; Paul Palmieri
- Latest Form D
- Mar 7, 2025
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 Grit Capital Seed 2, LLC
What is the minimum investment for Grit Capital Seed 2, LLC?
Grit Capital Seed 2, LLC's latest Form D, filed Mar 7, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Grit Capital Seed 2, LLC?
Grit Capital Seed 2, 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 Grit Capital Seed 2, LLC raised?
Grit Capital Seed 2, LLC reports $9,690,000 sold from 35 investors on its Form D filed Mar 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Grit Capital Seed 2, LLC based?
Grit Capital Seed 2, LLC is based in Mount Washington, Maryland and is managed by Grit Capital Partners.
When did Grit Capital Seed 2, LLC launch?
Grit Capital Seed 2, LLC reports its first sale in Jul 2021, 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 87% of the 92 venture capital funds based in Maryland, and more than 87% of all 15,160 that report sales.