SEC filing record
Primary Source · SEC.gov

Towerview Ventures Fund 5, LLC

Fund Vehicle06c; 3C; 3C.1

Raised

Pre-open

Investors

—

Min Invest

None stated

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AltStreet Analysis

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Generated from EDGAR primary sources

Built 2026-11-12 from the platform's linked issuer_timelines rows (form_d): amounts are 'filed for' per the latest notice of each offering, not raised; Form C offerings report no investor count.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001984678
Entity NameTowerview Ventures Fund 5, LLC
ExemptionRule 506(c), Section 3(c), Section 3(c)(1)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address670 North Commercial Street, Suite 403, Manchester, NH 03101
Phone(603) 518-8112
Industry / Fund TypePooled Investment Fund · Venture Capital Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities Type—
First Sale DateNot yet occurred (as filed)
Filing DateJuly 31, 2023
Accession Number—
Total Offering AmountIndefinite
Total Amount Sold$0 (no sales yet)
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Revenue Range$1 - $1,000,000
State (Issuer Address)MA
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

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none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

pre_sale

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Fund family Part of the Towerview Ventures Fund family: 6 vehicles across 4 generations · adviser of record Alumni Ventures · full family and the filing behind each link in the terminal

Investor

  • The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Adviser of Record (Form ADV)

Alumni Ventures

CRD 170562 · exempt reporting adviser · lists this fund on Schedule D 7.B.(1) as a venture capital fund

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Michael Collins

Executive Officer · Manchester, NH

CEO of Alumni Ventures Group, the Issuers Sole Manager

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Daniel C BurnsCRD 2269946 on BrokerCheck

Associated broker-dealer: Independent Brokerage Solutions LLC (CRD 153563) · Manchester, NH · Soliciting in all states

Darrin H WizstCRD 2171844 on BrokerCheck

Associated broker-dealer: Independent Brokerage Solutions LLC (CRD 153563) · Manchester, NH · Soliciting in all states

Stacey H TsaiCRD 4870728 on BrokerCheck

Associated broker-dealer: Independent Brokerage Solutions LLC (CRD 153563) · Manchester, NH · Soliciting in all states

Charles S PatrickCRD 4491463 on BrokerCheck

Associated broker-dealer: Independent Brokerage Solutions LLC (CRD 153563) · Manchester, NH · Soliciting in all states

Questions About Towerview Ventures Fund 5, LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Towerview Ventures Fund 5, LLC?

Towerview Ventures Fund 5, LLC is a Delaware limited liability company that filed a Form D with the SEC on July 31, 2023 as a venture capital fund. The filing claims Rule 506(c), Section 3(c), Section 3(c)(1) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to Alumni Ventures.

Is Towerview Ventures Fund 5, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Towerview Ventures Fund 5, LLC filed a Form D with the SEC on July 31, 2023 claiming Rule 506(c), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Alumni Ventures, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Towerview Ventures Fund 5, LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Towerview Ventures Fund 5, LLC claimed Rule 506(c), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Towerview Ventures Fund 5, LLC raised?

Towerview Ventures Fund 5, LLC reported that the first sale had not yet occurred as of the Form D filed July 31, 2023, so no amount sold or investor count is on file. The total offering amount is listed as indefinite.

Who can invest in Towerview Ventures Fund 5, LLC?

The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000.

What is the minimum investment in Towerview Ventures Fund 5, LLC?

The Form D lists $25,000 as the minimum investment accepted from any outside investor as of July 31, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Towerview Ventures Fund 5, LLC and how are they paid?

The Form D names Daniel C Burns (CRD 2269946), associated with Independent Brokerage Solutions LLC; Darrin H Wizst (CRD 2171844), associated with Independent Brokerage Solutions LLC; Stacey H Tsai (CRD 4870728), associated with Independent Brokerage Solutions LLC; Charles S Patrick (CRD 4491463), associated with Independent Brokerage Solutions LLC as recipients of sales compensation soliciting in all states.

Who is behind Towerview Ventures Fund 5, LLC?

The Form D lists 1 related person: Michael Collins, executive officer (CEO of Alumni Ventures Group, the Issuers Sole Manager). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Towerview Ventures Fund 5, LLC located?

The issuer's address on its SEC filings is 670 North Commercial Street, Suite 403, Manchester, NH 03101. Its phone number of record is 603-518-8112. It is organized under the laws of Delaware.

How long is the Towerview Ventures Fund 5, LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is Towerview Ventures Fund 5, LLC?

The Form D reports a revenue range of $1 - $1,000,000.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.