Fundomo ME-003 venture fund reports $118.5M sold

Fundomo ME-003, LP reported $118.5 million sold in a venture capital fund offering, according to a Form D filed Nov. 4.

The Form D lists $118.5 million as both the total offering amount and the amount sold to date. It puts the minimum investment at $5,000 and dates the first sale to Aug. 10.

For advisers, the $5,000 minimum is the number that decides which client accounts can hold the position — a single account can take a venture allocation at that size.