Polychain Ventures II (Parallel) LP
Polychain Ventures II (Parallel) LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Apr 14, 2021, it has sold $81,670,000 of interests to 42 investors since its first sale in Feb 2020. 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. Related persons named in the filing include Olaf Carlson-Wee; Polychain Venture Partners II LLC; Polychain VC LP.
- Total raised
- $81,670,000Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Feb 19, 2020
- 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
- Olaf Carlson-Wee; Polychain Venture Partners II LLC; Polychain VC LP
- Latest Form D
- Apr 14, 2021
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 Polychain Ventures II (Parallel) LP
What is the minimum investment for Polychain Ventures II (Parallel) LP?
Polychain Ventures II (Parallel) LP's latest Form D, filed Apr 14, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Polychain Ventures II (Parallel) LP?
Polychain Ventures II (Parallel) 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(b), which does not allow general advertising.
How much has Polychain Ventures II (Parallel) LP raised?
Polychain Ventures II (Parallel) LP reports $81,670,000 sold from 42 investors on its Form D filed Apr 14, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Polychain Ventures II (Parallel) LP based?
Polychain Ventures II (Parallel) LP is based in San Francisco, California.
When did Polychain Ventures II (Parallel) LP launch?
Polychain Ventures II (Parallel) LP reports its first sale in Feb 2020.
Size compared with every venture capital fund
Raised more than 93% of the 2,215 venture capital funds based in California, and more than 98% of all 14,820 that report sales.