NextGen Bungee LLC is a venture capital fund based in Baltimore. According to its most recent Form D, filed Jun 28, 2024, it has sold $1,950,000 of interests to 23 investors since its first sale in May 2019. 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 Michael Hankin; NextGen Venture Partners, LLC; Brett Rogers.
- Total raised
- $1,950,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- May 29, 2019
- 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
- Michael Hankin; NextGen Venture Partners, LLC; Brett Rogers
- Latest Form D
- Jun 28, 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 NextGen Bungee LLC
What is the minimum investment for NextGen Bungee LLC?
NextGen Bungee LLC's latest Form D, filed Jun 28, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Bungee LLC?
NextGen Bungee 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 NextGen Bungee LLC raised?
NextGen Bungee LLC reports $1,950,000 sold from 23 investors on its Form D filed Jun 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Bungee LLC based?
NextGen Bungee LLC is based in Baltimore.
When did NextGen Bungee LLC launch?
NextGen Bungee LLC reports its first sale in May 2019.