Key Value, LP - CTL III is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Feb 21, 2025, it has sold $504,979 of interests to 2 investors since its first sale in Feb 2025. The minimum investment it accepts from an outside investor is $150,000. 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 Fund GP, LLC; Belltower Fund Group, Ltd.
- Total raised
- $504,979Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 5, 2025
- Minimum investment
- $150,000
- 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
- Fund GP, LLC; Belltower Fund Group, Ltd
- Latest Form D
- Feb 21, 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 Key Value, LP - CTL III
What is the minimum investment for Key Value, LP - CTL III?
According to its latest Form D, filed Feb 21, 2025, the minimum investment Key Value, LP - CTL III accepts from an outside investor is $150,000.
Who can invest in Key Value, LP - CTL III?
Key Value, LP - CTL III 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 Key Value, LP - CTL III raised?
Key Value, LP - CTL III reports $504,979 sold from 2 investors on its Form D filed Feb 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Key Value, LP - CTL III based?
Key Value, LP - CTL III is based in Seattle, Washington.
When did Key Value, LP - CTL III launch?
Key Value, LP - CTL III reports its first sale in Feb 2025, 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 73% of the 5,568 venture capital funds based in Washington, and more than 49% of all 15,160 that report sales.