NextGen Hone LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Jul 30, 2024, it has sold $1,383,033 of interests to 24 investors since its first sale in Jul 2020. 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 NextGen Venture Partners, LLC; Michael Hankin; Brett Rogers.
- Total raised
- $1,383,033Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Jul 22, 2020
- 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
- NextGen Venture Partners, LLC; Michael Hankin; Brett Rogers
- Latest Form D
- Jul 30, 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 Hone LLC
What is the minimum investment for NextGen Hone LLC?
NextGen Hone LLC's latest Form D, filed Jul 30, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Hone LLC?
NextGen Hone 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 Hone LLC raised?
NextGen Hone LLC reports $1,383,033 sold from 24 investors on its Form D filed Jul 30, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Hone LLC based?
NextGen Hone LLC is based in Baltimore, Maryland.
When did NextGen Hone LLC launch?
NextGen Hone LLC reports its first sale in Jul 2020.
Size compared with every venture capital fund
Raised more than 66% of the 88 venture capital funds based in Maryland, and more than 66% of all 14,732 that report sales.