Northeast Capital Fund II

Venture capital fund with a core mission to invest capital in urban communities

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $
Platform

PicMii

Start Date

07/08/2021

Close Date

09/08/2021

Min. Goal

$10,000

Max. Goal

$5,000,000

Min. Investment

$10

Security Type

Equity - Common

Funding Type

RegCF

Rolling Commitments $
Status

Active

Reporting Date

07/29/2021

Days Remaining

41

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold
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Location

Philadelphia, Pennsylvania

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Northeast Capital Fund II, a venture capital firm investing in urban communities, is raising funds on PicMii. The fund deals in real estate development, construction projects, and mortgage lending. The company raises money, invests it wisely, and shares profits with the investors. Duane A. Quamina founded Northeast Capital Fund II in April 2019. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $5,000,000, and the funds will be used towards new projects. Northeast Capital Fund II aims to unlock credit access for the underserved communities and offer them access to homeownership and building wealth.
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