NextGen Stoplight LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Feb 2, 2024, it has sold $1,749,998 of interests to 25 investors since its first sale in Sep 2018. 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 Brett Rogers; Michael Hankin; NextGen Venture Partners, LLC.
- Total raised
- $1,749,998Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Sep 21, 2018
- 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
- Brett Rogers; Michael Hankin; NextGen Venture Partners, LLC
- Latest Form D
- Feb 2, 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 Stoplight LLC
What is the minimum investment for NextGen Stoplight LLC?
NextGen Stoplight LLC's latest Form D, filed Feb 2, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Stoplight LLC?
NextGen Stoplight 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 Stoplight LLC raised?
NextGen Stoplight LLC reports $1,749,998 sold from 25 investors on its Form D filed Feb 2, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Stoplight LLC based?
NextGen Stoplight LLC is based in Baltimore, Maryland.
When did NextGen Stoplight LLC launch?
NextGen Stoplight LLC reports its first sale in Sep 2018.
Size compared with every venture capital fund
Raised more than 75% of the 88 venture capital funds based in Maryland, and more than 69% of all 14,732 that report sales.