AltMountain

BlockTower VC I (Offshore), LP

Miami, FL · CIK 1900766
506(c)
Status: no Form D since Jan 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

BlockTower VC I (Offshore), LP is a venture capital fund based in Miami, Florida. According to its most recent Form D, filed Jan 4, 2022, it has sold $24,350,000 of interests to 20 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 Ari Paul; Matthew Goetz; BlockTower VC I GP, LP.

Total raised
$24,350,000Cumulative sales reported on Form D
Investors
20
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
Ari Paul; Matthew Goetz; BlockTower VC I GP, 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 (Offshore), LP

What is the minimum investment for BlockTower VC I (Offshore), LP?

BlockTower VC I (Offshore), 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 (Offshore), LP?

BlockTower VC I (Offshore), 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 (Offshore), LP raised?

BlockTower VC I (Offshore), LP reports $24,350,000 sold from 20 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 (Offshore), LP based?

BlockTower VC I (Offshore), LP is based in Miami, Florida.

When did BlockTower VC I (Offshore), LP launch?

BlockTower VC I (Offshore), LP reports its first sale in Jan 2022.

Size compared with every venture capital fund

Raised more than 88% of the 568 venture capital funds based in Florida, and more than 93% of all 14,865 that report sales.

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