Polychain Ventures IV (Parallel) LP
Polychain Ventures IV (Parallel) LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Apr 9, 2024, it has sold $18,950,000 of interests to 13 investors since its first sale in May 2023. 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 Polychain Venture Partners IV LLC; Polychain VC II LP; Olaf Carlson-Wee.
- Total raised
- $18,950,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- May 10, 2023
- 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
- Polychain Venture Partners IV LLC; Polychain VC II LP; Olaf Carlson-Wee
- Latest Form D
- Apr 9, 2024
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 IV (Parallel) LP
What is the minimum investment for Polychain Ventures IV (Parallel) LP?
Polychain Ventures IV (Parallel) LP's latest Form D, filed Apr 9, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Polychain Ventures IV (Parallel) LP?
Polychain Ventures IV (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 IV (Parallel) LP raised?
Polychain Ventures IV (Parallel) LP reports $18,950,000 sold from 13 investors on its Form D filed Apr 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Polychain Ventures IV (Parallel) LP based?
Polychain Ventures IV (Parallel) LP is based in San Francisco, California.
When did Polychain Ventures IV (Parallel) LP launch?
Polychain Ventures IV (Parallel) LP reports its first sale in May 2023.
Size compared with every venture capital fund
Raised more than 81% of the 2,215 venture capital funds based in California, and more than 92% of all 14,820 that report sales.