DeepWork Parallel Fund I, LP is a venture capital fund based in Orlando, Florida. According to its most recent Form D, filed May 19, 2022, it has sold $2,730,000 of interests to 39 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mitchel Laskey; I. Chiu; DeepWork Parallel Fund I GP, LLC.
- Total raised
- $2,730,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- May 14, 2021
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mitchel Laskey; I. Chiu; DeepWork Parallel Fund I GP, LLC
- Latest Form D
- May 19, 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 DeepWork Parallel Fund I, LP
What is the minimum investment for DeepWork Parallel Fund I, LP?
According to its latest Form D, filed May 19, 2022, the minimum investment DeepWork Parallel Fund I, LP accepts from an outside investor is $50,000.
Who can invest in DeepWork Parallel Fund I, LP?
DeepWork Parallel Fund I, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has DeepWork Parallel Fund I, LP raised?
DeepWork Parallel Fund I, LP reports $2,730,000 sold from 39 investors on its Form D filed May 19, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is DeepWork Parallel Fund I, LP based?
DeepWork Parallel Fund I, LP is based in Orlando, Florida.
When did DeepWork Parallel Fund I, LP launch?
DeepWork Parallel Fund I, LP reports its first sale in May 2021.
Size compared with every venture capital fund
Raised more than 58% of the 562 venture capital funds based in Florida, and more than 75% of all 14,768 that report sales.