AltMountain

Saildrone Blocker LLC

Las Vegas, NV · CIK 1969355
Status: no Form D since Mar 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Saildrone Blocker LLC is a venture capital fund based in Las Vegas. According to its most recent Form D, filed Mar 17, 2023, it has sold $47,289,887 of interests to 4 investors since its first sale in Jul 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Arjun Sethi.

Total raised
$47,289,887Cumulative sales reported on Form D
Investors
4
First sale
Jul 29, 2022
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Arjun Sethi
Latest Form D
Mar 17, 2023

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 Saildrone Blocker LLC

What is the minimum investment for Saildrone Blocker LLC?

Saildrone Blocker LLC's latest Form D, filed Mar 17, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Saildrone Blocker LLC?

Saildrone Blocker LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Saildrone Blocker LLC raised?

Saildrone Blocker LLC reports $47,289,887 sold from 4 investors on its Form D filed Mar 17, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Saildrone Blocker LLC based?

Saildrone Blocker LLC is based in Las Vegas.

When did Saildrone Blocker LLC launch?

Saildrone Blocker LLC reports its first sale in Jul 2022.

Size compared with every venture capital fund

Raised more than 96% of the 139 venture capital funds based in , and more than 96% of all 14,768 that report sales.

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