Better Ventures Fund II Form D
The Alabama-based Better Ventures Fund II, Lp had published FormD for $30.00 million offering. The date of first sale was 2014-10-02. The Limited Partnership raised $18.25 million so far. That is 60.82% of the $30.00 million private offering. The total offering amount amount was $30.00 million. The offering form was filed on 2016-10-03. Better Ventures Fund II, Lp’s clarification was: The Issuer’s General Partner or an affiliate of the Issuer’s General Partner may be entitled to receive a management fee in accordance with the Issuer’s governing documents, as amended from time to time.. The offering has $11.75 million left to be raised and is still open.
Better Ventures Fund II is based in Alabama. The firm’s business is Pooled Investment Fund. The form was submitted by Wesley D Selke Manager of the General Partner. The company was incorporated in 2014. The filler’s address is: C/O Impacthub Oakland, 2323 Broadway, Oakland, Ca, California, 94612. Llc Bv Capital Partners Ii, is the related person in the form and it has address: C/O Impacthub Oakland, 2323 Broadway, Oakland, Ca, California, 94612. Link to Better Ventures Fund II Filing: 000162053116000002.
Analysis of Better Ventures Fund II Offering
On average, startups in the Pooled Investment Fund sector, sell 37.80% pooled investment interest. Better Ventures Fund II sold 60.82% of the offering. The average offering amount is $24.76 million for companies in the Pooled Investment Fund industry sector. The total amount raised is 26.29% smaller than the average for companies in the Pooled Investment Fund sector.
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