Intersect Ventures VII, LLC
Intersect Ventures VII, LLC is a venture capital fund based in San Ramon, California. According to its most recent Form D, filed Jul 15, 2022, it has sold $3,950,000 of interests to 14 investors since its first sale in Apr 2021. The filing does not set a minimum investment. 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 Intersect Ventures, LLC; Joseph McLean.
- Total raised
- $3,950,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Apr 28, 2021
- Minimum investment
- None set
- 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
- Intersect Ventures, LLC; Joseph McLean
- Latest Form D
- Jul 15, 2022
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 Intersect Ventures VII, LLC
What is the minimum investment for Intersect Ventures VII, LLC?
Intersect Ventures VII, LLC's latest Form D, filed Jul 15, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Intersect Ventures VII, LLC?
Intersect Ventures VII, 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 Intersect Ventures VII, LLC raised?
Intersect Ventures VII, LLC reports $3,950,000 sold from 14 investors on its Form D filed Jul 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Intersect Ventures VII, LLC based?
Intersect Ventures VII, LLC is based in San Ramon, California.
When did Intersect Ventures VII, LLC launch?
Intersect Ventures VII, LLC reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 64% of the 2,199 venture capital funds based in California, and more than 79% of all 14,768 that report sales.