Form D · Venture Capital Fund
Founder Equity Fund I, LLC
Chicago, IL · CIK 0001600484
Offering snapshot reported Jan 23, 2019 · SEC filing
- Reported sold
- $26.6M Indefinite offering
- Investors reported
- 117 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jul 25, 2013 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$18,225,204 → $26,595,024
- Reported investors92 → 117
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jan 23, 2019 | Amendment | $26,595,024 | $8,369,820vs Aug 2, 2017 | 117 | SEC filing |
| Aug 2, 2017 | Amendment | $18,225,204 | $10,536,504vs Feb 19, 2016 | 92 | SEC filing |
| Feb 19, 2016 | Amendment | $7,688,700 | $3,532,700vs Feb 20, 2015 | 61 | SEC filing |
| Feb 20, 2015 | Amendment | $4,156,000 | $2,931,000vs Feb 19, 2014 | 42 | SEC filing |
| Feb 19, 2014 | Initial | $1,225,000 | No comparison | 14 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0 (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-212143
AIS receives 2% for initial financing + a 4% Class B membership unit, subject to dilution to reflect additional equity issuances & 2% of additional equity &/or debt after closing (up to an additional 36 month period); Race Rock Capital receives a 5% fee.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| The Alternative Investment Store, Division of Benjamin & Jerold Brokerage I, LLC | None | Benjamin & Jerold Brokerage I, LLC · CRD 29110 |
| Race Rock Capital LLC | 153363 |
Source: Form D, filed Jan 23, 2019. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Matthew Anarde | Executive |
| Joseph C. Dwyer, Jr. | Executive |
| [None] Founder Equity, Llc | Executive |
| Sean Johnson | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Chicago, IL, 60607