Eleven VC Investment, LLC has announced a new offering, raising a total of $2.6 million under Rule 506(b). This filing is significant as it reflects the company's strategy to attract accredited investors and expand its market presence.

Background

Eleven VC Investment, LLC is a limited liability company incorporated in Delaware. The company is based in Chicago, Illinois, with its office located at 200 South Michigan Avenue, Suite 400. The firm focuses on pooled investment funds, and its recent filing indicates a proactive approach to securing capital in a competitive financial landscape.

What the Filing Says

The filing, dated November 4, 2026, states, "Rule 506(b) provides a 'safer harbor' for a private offering." This highlights the regulatory framework under which Eleven VC is operating to raise funds.

Impact

This offering may affect the investment community, particularly accredited investors looking for opportunities in pooled investment funds. The filing indicates that Eleven VC has already attracted nine investors, which may signal confidence in the company's potential.

What's Next

The filing does not say what happens next.

Company Structure

Eleven VC Investment, LLC is structured as a limited liability company, which provides flexibility in management and tax benefits. The company was incorporated in 2026 in Delaware, indicating a relatively new establishment in the financial sector.

Key Personnel

The filing identifies several key individuals associated with Eleven VC Investment, LLC. David W. Harvey serves as an authorized signer and director, alongside other directors including Zoran Urosevic, George Manojlovic, and a related entity, Eleven VC Manager LLC. All directors are based at the same Chicago office, which may facilitate collaborative decision-making.

Investment Strategy

Eleven VC Investment, LLC focuses on pooled investment funds, specifically categorized under 'Other Investment Fund.' The company does not operate under the Investment Company Act of 1940, as indicated by the 'is40Act' status being false. This suggests a strategic positioning to attract a specific type of investor looking for non-40 Act regulated investment opportunities.

Offering Details

The total offering amount of $2.6 million has been fully sold, with no remaining amount left. The company has not accepted any non-accredited investors, ensuring that all participants meet the criteria set forth under Rule 506(b). Additionally, there are no sales commissions or finders' fees associated with this offering, which may appeal to potential investors looking for a straightforward investment structure.

Use of Proceeds

The filing does not specify how the gross proceeds from this offering will be utilized, leaving potential investors with questions about the intended use of the funds raised.