PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 6:53 AM ET

Sponsor Check › Brown Advisory › Issuer

NT

NextGen Trace LLC

Limited Liability Company · organized in Delaware · formed 2021 · Baltimore, MD

Part of the sponsor group Brown Advisory (431 issuers, 937 filings) · linked by shared people, shared principal (person on 60+ issuers) at the same address or management entity, same business address · not the same sponsor?

$493Kreported sold (max)
15investors (max)
1offering
3Form D filings
2022–2024filing years
0new, last 12 mo
Follow this issuerConnect me with this sponsorEmail me the full reportLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing by this issuer Apr 25, 2024 · Courts (RECAP) last checked: Oct 24, 2026, 2:14 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

NextGen Trace LLC is a limited liability company organized in Delaware (formed 2021), based in Baltimore, MD, one of 431 issuers in the sponsor group Brown Advisory.

What this means This is one deal company run by a team with 431 companies on file. The group page shows the whole team's track record; this page is the one deal.

It has filed 3 Form D filings (1 original and 2 amendments, Apr 26, 2022 to Apr 25, 2024) for 1 offering, pooled investment fund (venture capital fund) under Rule 506(b): $493K sold of an indefinite amount offered to 15 investors, first sale Apr 11, 2022.

What this means The size of the raise is reported above — about $33K per investor. Rule 506(b) means no public advertising; up to 35 non-accredited investors may take part.

Key people as listed: Brett D. Rogers (executive officer and director), David M. Churchill (executive officer and director), Michael D. Hankin (executive officer and director), NextGen Venture Partners, LLC (executive officer, entity) and Daniel Mindus (executive officer).

What this means These are the people the company itself named as running or promoting it. Tap a name to see every other deal they are on.

No sales commissions, finder's fees or proceeds to insiders are reported. No sales-compensation recipients are listed.

What this means No broker was paid — the sponsor sold it directly to investors.

Sister issuers in the group include Brown Advisory Group Holdings LLC, BROWN ADVISORY ALTERNATIVE STRATEGIES, L.P., SFM Capital Markets, L.P. and 427 more.

Activity: 0 new offerings in the last 12 months; latest amendment Apr 25, 2024; latest filing Apr 25, 2024.

What this means No new raise filed in the past year — this deal company may be done raising, or simply quiet.

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched NextGen Trace LLC.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, LA, ME, MO, MS, MT, NASAA, NC, NH, NM, OR, RI, TX, WA), property records (NYC, FL, IL and TX counties) — 5 court cases matching the name listed in Key records below.

What this means 5 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared 3 public filings for NextGen Trace LLC and found 2 differences, 1 worth asking the sponsor about: Daniel Mindus is no longer listed on the Apr 25, 2024 amendment; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for NextGen Trace LLC has not run yet — it is joining a line of 21,346 names; searches run around the clock at the hosts' allowed rate. Searched so far: 346 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

5 cases: 2 closed (disposition not in docket feed), 2 dismissed, 1 judgment

Allen v. Brown Advisory, LLC closed matched at sponsor-group level (Brown Advisory)
District Court, W.D. Kentucky · No. 3:20-mc-00045 · Filed Jul 31, 2020 · Closed Sep 29, 2020
Role of Brown Advisory, LLC: Defendant · Outcome: Terminated 2020-09-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; court in KY (not the issuer's state)
Allen v. Brown Advisory, LLC closed matched at sponsor-group level (Brown Advisory)
District Court, W.D. Virginia · No. 3:20-mc-00008 · Filed Jul 27, 2020 · Closed Sep 24, 2020
Role of Brown Advisory, LLC: Defendant · Outcome: Terminated 2020-09-24 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; court in VA (not the issuer's state)
Allen v. Brown Advisory, LLC dismissed matched at sponsor-group level (Brown Advisory)
District Court, D. Maryland · No. 1:20-cv-00680 · Filed Mar 13, 2020 · Closed Mar 22, 2021 · Nature of suit: 890 Other statutory actions
Role of Brown Advisory, LLC: Defendant · Outcome: Terminated 2021-03-22 — FJC Integrated Database disposition: Dismissed: other Docket on CourtListener ↗
exact company name; court in the group's state (MD)
ALLEN v. BROWN ADVISORY, LLC judgment matched at sponsor-group level (Brown Advisory)
District Court, S.D. Indiana · No. 1:19-cv-04160 · Filed Oct 9, 2019 · Closed Mar 26, 2021 · Nature of suit: Contract: Other · Cause: 28:1332 Diversity-Other Contract
Role of BROWN ADVISORY, LLC: Defendant · Outcome: Terminated 2021-03-26 — FJC Integrated Database disposition: Judgment on motion before trial; judgment for defendant Docket on CourtListener ↗
exact company name; court in IN (not the issuer's state)
BROWN ADVISORY SECURITIES, LLC v. TRAPANI dismissed matched at sponsor-group level (Brown Advisory)
District Court, W.D. Pennsylvania · No. 1:15-cv-00144 · Filed Jun 4, 2015 · Closed May 10, 2017 · Nature of suit: 890 Other Statutory Actions · Cause: 28:1332 Diversity-Declaratory Judgment
Role of BROWN ADVISORY SECURITIES, LLC: Plaintiff · Outcome: Terminated 2017-05-10 — FJC Integrated Database disposition: Dismissed: other Docket on CourtListener ↗
exact company name; court in PA (not the issuer's state)
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:14 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: NV (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched NextGen Trace LLC..

State securities regulators: Securities regulators searched (3,318 actions): AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002), DE DOJ Investor Protection Unit (257 actions, 1987–2026), TX State Securities Board (586 actions, 2006–2026), WA DFI (2,039 actions, 2001–2026) — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first — last crawled Oct 23, 2026, 9:57 PM ET. No machine-readable public listing today for IA, IN, KS, MI, NE, NV (see docs/state-regulators.md).

3. Bankruptcies

None found in sources searched — federal bankruptcy courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:14 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this issuer has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this issuer yet.

2 differences found between the filings for NextGen Trace LLC — 1 worth asking about (compared 3 filings on Oct 24, 2026)

Note · Apr 11, 2022 – Apr 25, 2024

No amendment in the last 12 months on an offering that may still be open — NextGen Trace LLC (latest filing Apr 25, 2024)

The latest filing for this offering is dated Apr 25, 2024 (first sale Apr 11, 2022). It reports $492,500 sold of an indefinite amount offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D/A · Apr 25, 2024 ↗NextGen Trace LLC — PartnerFacts page ↗
Sources
Worth asking · Apr 25, 2023 – Apr 25, 2024

Daniel Mindus is no longer listed on the Apr 25, 2024 amendment — NextGen Trace LLC

Daniel Mindus appears on the Apr 25, 2023 Form D/A (executive officer) but not on the Apr 25, 2024 Form D/A for the same offering.

What this means People leave, and the issuer must list only current officers, directors and promoters. It is still worth asking why this person left and who replaced them.

Form D/A · Apr 25, 2023 ↗Form D/A · Apr 25, 2024 ↗Daniel Mindus — PartnerFacts page ↗NextGen Trace LLC — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

None reported on 1 offering — no sales commissions, finder's fees or proceeds to insiders

Per-offering detail
Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Apr 25, 2024 D/A
File 021-443350
$0$0$0None listed on this filingEDGAR ↗

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Property records 0 documents · 0 ownership records · last checked Oct 24, 2026, 6:52 AM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to NextGen Trace LLC in the sources searched.

Not found in sources searched as of Oct 24, 2026, 6:52 AM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Harris County TX (HCAD ownership rolls 2023–2026) — 430,446 records, loaded Oct 24, 2026, 6:52 AM ET; Dallas County TX (DCAD ownership roll 2026) — 173,688 records, loaded Oct 23, 2026, 8:58 PM ET; Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll) — 294,950 records, loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this issuer: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Harris County TX (ownership only, no deed, mortgage or sale records; HCAD ownership rolls 2023–2026); Dallas County TX (ownership only, no deed, mortgage or sale records; DCAD ownership roll 2026); Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed). Recorder indexes (party names on deeds, mortgages and liens) in TX, AZ, NV, CA and WA counties and outside the Clerk index in FL, mortgages and liens outside NYC and Hillsborough County, lis pendens and foreclosure notices everywhere, Los Angeles County CA, Clark County NV, King County WA (loader ready; first load not finished), Cook County IL bulk pass (not finished; per-issuer lookups only so far), New York City bulk pass (not finished; per-issuer lookups only so far), Maricopa County AZ (loader ready; commercial-purpose statement not yet filed), Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Harris County Appraisal District real_acct.txt Oct 24, 2026, 6:52 AM ET; Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are also looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Offerings (SEC Form D)

Each filing as reported by the issuer, newest first. Open a row for the full plain-English detail. D = original notice, D/A = amendment.

Offerings at a glance — 1 offering, 3 filings (one row per SEC file number)
File no.Original Form DLatest filingAmendmentsOffered (latest)Sold (latest)Industry (latest)
021-443350Apr 26, 2022 EDGAR ↗Apr 25, 2024 D/A EDGAR ↗2
latest Apr 25, 2024
Indefinite$492,500Pooled Investment Fund

Offerings are grouped by SEC file number; rows without a file number (not yet retrieved from EDGAR) are shown as their own offering until the link is fetched.

Apr 25, 2024 D/A Pooled Investment Fund — $492,500 sold of Indefinite · 15 investors EDGAR ↗
FilingForm D/A (amendment) filed Apr 25, 2024 · amends 0001925490-23-000001 ↗
SEC file no. 021-443350 · accession 0001925490-24-000001 · filing 3 of 3 in this offering
Raise progress$492,500 sold of Indefinite offered · Indefinite remaining · first sale Apr 11, 2022
Filing timingDate of first sale: Apr 11, 2022 · Original Form D filed: Apr 26, 2022 (15 days after first sale) · This amendment (Form D/A) filed: Apr 25, 2024
This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale1,657 days (4.5 years)
Annual amendmentsIssuer reported the offering may last more than one year. This filing is an amendment dated Apr 25, 2024. Most recent amendment for this offering in our index: this filing, Apr 25, 2024.
Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors15 total · issuer reported no non-accredited investors
Exemption claimedRule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners
Minimum investment accepted$0 as filed (no minimum reported)
Securities offeredEquity; Pooled investment fund interests
Entity detailsOrganized in DELAWARE · formed 2021 · revenue range: Decline to Disclose (state and year as reported on the issuer's latest filing)
As reported by the issuer on Form D (Items 1–2 and 5).
IndustryPooled Investment Fund (Venture Capital Fund)
Who is paid to sell itNo sales compensation recipients listed on this filing.
Money to insidersSales commissions: $0 · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0
Signed byJulie Coleman, Chief Compliance Officer (Apr 25, 2024)
Changes vs previous filing
  • related persons no longer listed (Apr 25, 2024): Daniel Mindus
Compared with the D/A filed Apr 25, 2023 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market contextMinimum investment: $0 as filed (no minimum reported). Typical range for similar offerings: $1,000–$100,000.
Offering size: Indefinite. Typical range: $155,000–$5,250,000.
Investors: 15. Typical range: 4–27.
"Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
SourceThis filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET
Apr 25, 2023 D/A Pooled Investment Fund — $492,500 sold of Indefinite · 15 investors EDGAR ↗
FilingForm D/A (amendment) filed Apr 25, 2023 · amends 0001567619-22-008940 ↗
SEC file no. 021-443350 · accession 0001925490-23-000001 · filing 2 of 3 in this offering
Raise progress$492,500 sold of Indefinite offered · Indefinite remaining · first sale Apr 11, 2022
Filing timingDate of first sale: Apr 11, 2022 · Original Form D filed: Apr 26, 2022 (15 days after first sale) · This amendment (Form D/A) filed: Apr 25, 2023
This row is an amendment. Rule: the original Form D is generally due within 15 days after the first sale; the rule sets no deadline measured from an amendment. Dates shown as reported; no conclusion is drawn.
Time since first sale1,657 days (4.5 years)
Annual amendmentsIssuer reported the offering may last more than one year. This filing is an amendment dated Apr 25, 2023. Most recent amendment for this offering in our index: Apr 25, 2024 (EDGAR ↗).
Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors15 total · issuer reported no non-accredited investors
Exemption claimedRule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners
Minimum investment accepted$0 as filed (no minimum reported)
Securities offeredEquity; Pooled investment fund interests
Entity detailsOrganized in DELAWARE · formed 2021 · revenue range: Decline to Disclose (state and year as reported on the issuer's latest filing)
As reported by the issuer on Form D (Items 1–2 and 5).
IndustryPooled Investment Fund (Venture Capital Fund)
Who is paid to sell itNo sales compensation recipients listed on this filing.
Money to insidersSales commissions: $0 · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0
Signed byJulie Coleman, Chief Compliance Officer (Apr 25, 2023)
Changes vs previous filing
  • exemption: Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners (Apr 26, 2022) → Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners (Apr 25, 2023)
Compared with the D filed Apr 26, 2022 (EDGAR ↗). Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Amendment history as filed; no conclusion is drawn.
Market contextMinimum investment: $0 as filed (no minimum reported). Typical range for similar offerings: $1,000–$100,000.
Offering size: Indefinite. Typical range: $155,000–$5,250,000.
Investors: 15. Typical range: 4–27.
"Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
SourceThis filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET
Apr 26, 2022 D Pooled Investment Fund — $492,500 sold of Indefinite · 15 investors EDGAR ↗
FilingForm D filed Apr 26, 2022
SEC file no. 021-443350 · accession 0001567619-22-008940 · filing 1 of 3 in this offering
Raise progress$492,500 sold of Indefinite offered · Indefinite remaining · first sale Apr 11, 2022
Filing timingDate of first sale: Apr 11, 2022 · Form D filed: Apr 26, 2022 (15 days after first sale)
Rule: a Form D is generally due within 15 days after the first sale. Both dates are shown as reported; no conclusion is drawn.
Time since first sale1,657 days (4.5 years)
Annual amendmentsIssuer reported the offering may last more than one year. Most recent amendment for this offering in our index: Apr 25, 2024 (EDGAR ↗).
Rule: an ongoing offering generally files an amendment at least annually. Dates shown as reported; no conclusion is drawn.
Investors15 total · issuer reported no non-accredited investors
Exemption claimedRule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners
Minimum investment accepted$0 as filed (no minimum reported)
Securities offeredEquity; Pooled investment fund interests
Entity detailsOrganized in DELAWARE · formed 2021 · revenue range: Decline to Disclose (state and year as reported on the issuer's latest filing)
As reported by the issuer on Form D (Items 1–2 and 5).
IndustryPooled Investment Fund (Venture Capital Fund)
Who is paid to sell itNo sales compensation recipients listed on this filing.
Money to insidersSales commissions: $0 · Finder's fees: $0 · Proceeds to officers, directors, promoters: $0
Signed byBrett D. Rogers, Chief Compliance Officer (Apr 21, 2022)
Market contextMinimum investment: $0 as filed (no minimum reported). Typical range for similar offerings: $1,000–$100,000.
Offering size: Indefinite. Typical range: $155,000–$5,250,000.
Investors: 15. Typical range: 4–27.
"Similar" = Pooled Investment Fund, Rule 506(b). Based on 83,801 Form D filings 2021–2026 in the same industry and exemption (Pooled Investment Fund, Rule 506(b); original Form D notices, one per offering) (Form D data, SEC). Ranges are the middle half (25th–75th percentile) of the filings that reported each value: minimum investment 42,272, offering size 46,794, investors 57,577. Computed by PartnerFacts as of Oct 23, 2026, 5:45 PM ET. No ranking or score. Source: PartnerFacts data & coverage.
SourceThis filing on SEC EDGAR ↗ · retrieved from the SEC Form D bulk data set · PartnerFacts data last updated Oct 23, 2026, 5:45 PM ET
Amendment history — 2 amendments on this page, each compared with the filing before it in the same offering
Amendment filedFile no.Compared withWhat changed (both values as filed)
Apr 25, 2024 EDGAR ↗021-443350Apr 25, 2023 D/Arelated persons no longer listed (Apr 25, 2024): Daniel Mindus
Apr 25, 2023 EDGAR ↗021-443350Apr 26, 2022 Dexemption: Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners (Apr 26, 2022) → Rule 506(b) — no general advertising; up to 35 non-accredited investors allowed; Investment Company Act 3(c) private-fund exclusion — the issuer is a fund not registered as an investment company; Investment Company Act 3(c)(1) — private fund limited to 100 beneficial owners (Apr 25, 2023)

Fields compared: total sold, total offering, remaining, investors, non-accredited investors (count), non-accredited investors reported, minimum investment, sales commissions, finder's fees, proceeds to insiders, date of first sale, industry, fund type, exemption, revenue range, net asset value range, securities offered, may last more than one year, related persons, sales-compensation recipients. Values as filed; no conclusion is drawn.

All Form D filings for this CIK on SEC EDGAR ↗. History: 0 new offerings in the last 12 months (new offering = a Form D that is not an amendment) · most recent filing Apr 25, 2024. Industry as reported, by offering: One offering, reported as Pooled Investment Fund (Apr 26, 2022).

Key people 5

Officers, directors and promoters the issuer itself named on its Form D. Tap a name for every other deal they are on.

NameRelationshipAddress stateOn filings (first → last)Also listed on
BR Brett D. RogersExecutive Officer, DirectorMDApr 26, 2022 → Apr 25, 2024
on 3 of 3 filings
listed on the latest filing
75 other issuers
DC David M. ChurchillExecutive Officer, DirectorMDApr 26, 2022 → Apr 25, 2024
on 3 of 3 filings
listed on the latest filing
335 other issuers
MH Michael D. HankinExecutive Officer, DirectorMDApr 26, 2022 → Apr 25, 2024
on 3 of 3 filings
listed on the latest filing
408 other issuers
NV NextGen Venture Partners, LLC entityExecutive Officer
Issuer's note: Manager
MDApr 26, 2022 → Apr 25, 2024
on 3 of 3 filings
listed on the latest filing
62 other issuers
DM Daniel MindusExecutive OfficerMDApr 26, 2022 → Apr 25, 2023
on 2 of 3 filings
not listed on the latest filing (Apr 25, 2024)
47 other issuers

Executive officers, directors and promoters as self-reported by the issuer, one row per person. Spellings of the same name (same first and last name, or the same full name that EDGAR split differently into middle and last name) with no conflicting middle initial are shown on one row (none on this issuer); dates and counts come from the filings that list each name. Licensed persons: FINRA BrokerCheck ↗ · SEC IAPD ↗. Middle names: the SEC Form D data set (RELATEDPERSONS.tsv) repeats the previous person's middle name into later rows of the same filing; where that happened PartnerFacts shows the name without the repeated middle name and keeps the data-set spelling on record (Daniel D. Mindus) — the filing on EDGAR is the source.

Connections

Other issuers listing the same people (showing 40 of 47):

Shared address: this business address appears on filings for 407 other issuers. Stated as a count only (suite numbers ignored) — many addresses are shared office buildings or registered agents. As of Oct 23, 2026, 5:45 PM ET.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched NextGen Trace LLC.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for NextGen Trace LLC as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

Public profiles

Public profiles official links and public statements, each with its source and date

No website or social profile named in NextGen Trace LLC's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #101,151 of 374,652 in line (542 issuers searched so far).

Sources searched for a website: Form C data set (issuer websites as filed), Form ADV data set (Item 1.I of matched advisers) — as of Oct 23, 2026, 11:20 PM ET: none on file for this issuer. The sponsor website, the Internet Archive and GDELT news index are read only once a site is on file; a sponsor's website comes from the issuer's own filings (Form C issuer website; EDGAR company profile), an approved profile claim, Form ADV Item 1.I of its matched adviser, or a web search for the issuer name confirmed on the site's own homepage. We never collect personal or family accounts.

Entity standing: not checked (no official programmatic source for MD yet).

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Social and web

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Courts

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Securities regulators

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Business registries

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