Form D · Venture Capital Fund
NextGen UrbanStems LLC
Baltimore, MD · CIK 0001779878
Offering snapshot reported Jan 12, 2024 · SEC filing
- Reported sold
- $2.63M Indefinite offering
- Investors reported
- 86 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- May 28, 2019 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$196,321 → $2,633,019
- Reported investors20 → 86
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jan 12, 2024 | Amendment | $2,633,019 | $2,436,698vs Jun 15, 2023 | 86 | SEC filing |
| Jun 15, 2023 | Amendment | $196,321 | $0vs Jun 15, 2022 | 20 | SEC filing |
| Jun 15, 2022 | Amendment | $196,321 | $0vs Jun 15, 2021 | 20 | SEC filing |
| Jun 15, 2021 | Amendment | $196,321 | $146,078vs Jun 15, 2020 | 20 | SEC filing |
| Jun 15, 2020 | Amendment | $50,243 | $10,000vs Jun 17, 2019 | 7 | SEC filing |
| Jun 17, 2019 | Initial | $40,243 | No comparison | 6 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b, 3C, 3C.1
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-342052
Source: Form D, filed Jan 12, 2024. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
NEXTGEN URBANSTEMS LLC
Investment adviser: BROWN ADVISORY INVESTMENT SOLUTIONS GROUP LLC
- Gross asset value
- $2.87M
- Beneficial owners
- 81
- ADV minimum commitment
- $10K
Reported in Form ADV on Apr 21, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- No
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
Filing source
Form ADV 2097137 · Apr 21, 2026 · Schedule D 7.B.(1), fund 805-3709518046
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
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 |
|---|---|
| David M. Churchill | Director, Executive |
| Michael D. Hankin | Director, Executive |
| Daniel Mindus | Executive |
| N/A Next Gen Venture Partners, Llc | Executive |
| Brett D. Rogers | Director, Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Baltimore, MD, 21231