BlockTower VC I, LP is a venture capital fund based in Miami, Florida. According to its most recent Form D, filed Jan 4, 2022, it has sold $94,685,000 of interests to 125 investors since its first sale in Jan 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include BlockTower VC I GP, LP; Thomas Klocanas; BlockTower Capital Advisors LP.
- Total raised
- $94,685,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 4, 2022
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- BlockTower VC I GP, LP; Thomas Klocanas; BlockTower Capital Advisors LP
- Latest Form D
- Jan 4, 2022
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about BlockTower VC I, LP
What is the minimum investment for BlockTower VC I, LP?
BlockTower VC I, LP's latest Form D, filed Jan 4, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BlockTower VC I, LP?
BlockTower VC I, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has BlockTower VC I, LP raised?
BlockTower VC I, LP reports $94,685,000 sold from 125 investors on its Form D filed Jan 4, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is BlockTower VC I, LP based?
BlockTower VC I, LP is based in Miami, Florida.
When did BlockTower VC I, LP launch?
BlockTower VC I, LP reports its first sale in Jan 2022.
Size compared with every venture capital fund
Raised more than 98% of the 562 venture capital funds based in Florida, and more than 98% of all 14,800 that report sales.