NextGen RunSafe LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Jun 28, 2024, it has sold $1,896,090 of interests to 12 investors since its first sale in Jun 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; David Churchill.
- Total raised
- $1,896,090Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jun 16, 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; David Churchill
- 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 RunSafe LLC
What is the minimum investment for NextGen RunSafe LLC?
NextGen RunSafe 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 RunSafe LLC?
NextGen RunSafe 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 RunSafe LLC raised?
NextGen RunSafe LLC reports $1,896,090 sold from 12 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 RunSafe LLC based?
NextGen RunSafe LLC is based in Baltimore, Maryland.
When did NextGen RunSafe LLC launch?
NextGen RunSafe LLC reports its first sale in Jun 2020.
Size compared with every venture capital fund
Raised more than 75% of the 88 venture capital funds based in Maryland, and more than 70% of all 14,820 that report sales.