Qala LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 17, 2018, it has sold $283,750 of interests to 4 investors since its first sale in Oct 2018. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Darrell Williams.
- Total raised
- $283,750Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 2, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Darrell Williams
- Latest Form D
- Oct 17, 2018
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 Qala LLC
What is the minimum investment for Qala LLC?
According to its latest Form D, filed Oct 17, 2018, the minimum investment Qala LLC accepts from an outside investor is $50,000.
Who can invest in Qala LLC?
Qala LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Qala LLC raised?
Qala LLC reports $283,750 sold from 4 investors on its Form D filed Oct 17, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Qala LLC based?
Qala LLC is based in Chicago, Illinois.
When did Qala LLC launch?
Qala LLC reports its first sale in Oct 2018.
Size compared with every venture capital fund
Raised more than 24% of the 145 venture capital funds based in Illinois, and more than 38% of all 14,732 that report sales.