Parlance Rho, LLC is a venture capital fund based in Irvine, California. According to its most recent Form D, filed Aug 28, 2025, it has sold $4,131,671 of interests to 13 investors since its first sale in Aug 2025. 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(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Daniel Cheng; Parlance Management, LLC; Parlance GP, LLC.
- Total raised
- $4,131,671Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Aug 12, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Cheng; Parlance Management, LLC; Parlance GP, LLC
- Latest Form D
- Aug 28, 2025
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 Parlance Rho, LLC
What is the minimum investment for Parlance Rho, LLC?
Parlance Rho, LLC's latest Form D, filed Aug 28, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Parlance Rho, LLC?
Parlance Rho, LLC 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(b), which does not allow general advertising.
How much has Parlance Rho, LLC raised?
Parlance Rho, LLC reports $4,131,671 sold from 13 investors on its Form D filed Aug 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Parlance Rho, LLC based?
Parlance Rho, LLC is based in Irvine, California.
When did Parlance Rho, LLC launch?
Parlance Rho, LLC reports its first sale in Aug 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 65% of the 2,257 venture capital funds based in California, and more than 80% of all 15,163 that report sales.