Form D · Venture Capital Fund

Ratio Fund II, a series of Ratio Ventures, LP

Seattle, WA · CIK 0001995024

Offering snapshot reported Jan 14, 2025 · SEC filing

Reported sold: $10M
Investors reported: 47
Minimum accepted: $25K
First sale: Sep 14, 2023

Fundraising history

Reported sold

Dates 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$8,690,000 → $10,000,000
Reported investors43 → 47

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 14, 2025	Amendment	$10,000,000	$1,310,000vs Sep 27, 2023	47	SEC filing
Sep 27, 2023	Initial	$8,690,000	No comparison	43	SEC filing

Offering details

Securities: 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: 021-493119

Source: Form D, filed Jan 14, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

RATIO FUND II, A SERIES OF RATIO VENTURES, LP

Investment adviser: PLATFORM ADVISOR, LLC

Gross asset value: $10.5M
Beneficial owners: 47
ADV minimum commitment: $25K

Reported in Form ADV on Jun 4, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: Yes Other funds reporting this name →

Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: Yes Other funds reporting this name →

Marketer AL ADVISORS MANAGEMENT INC SAN FRANCISCO, California, United States Related to adviser: Yes Other funds reporting this name →

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

Fund asset history · 3 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2023	$9,731,855	44	Mar 29, 2024
2024	$9,557,390	46	Mar 28, 2025
2025	$10,494,788	47	Mar 24, 2026

Filing source

Form ADV 2107248 · Jun 4, 2026 · Schedule D 7.B.(1), fund 805-1334101071

Reported by PLATFORM ADVISOR, LLC (CRD 167700).

Other-Than Annual Amendment ERA Report.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; 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.

People and organizations reported in Form D filings
Name	Reported role
Ltd. Belltower Fund Group,	Director
Llc Fund Gp,	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

119 South Main Street Suite 220
Seattle, WA, 98104
Phone: 2068016359