Polychain Ventures LP
Polychain Ventures LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Sep 3, 2019, it has sold $174,002,813 of interests to 87 investors since its first sale in Feb 2018. 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 LLC; Polychain VC LP; Olaf Carlson-Wee.
- Total raised
- $174,002,813Cumulative sales reported on Form D
- Investors
- 87
- First sale
- Feb 1, 2018
- 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 LLC; Polychain VC LP; Olaf Carlson-Wee
- Latest Form D
- Sep 3, 2019
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 LP
What is the minimum investment for Polychain Ventures LP?
Polychain Ventures LP's latest Form D, filed Sep 3, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Polychain Ventures LP?
Polychain Ventures 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 LP raised?
Polychain Ventures LP reports $174,002,813 sold from 87 investors on its Form D filed Sep 3, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Polychain Ventures LP based?
Polychain Ventures LP is based in San Francisco, California.
When did Polychain Ventures LP launch?
Polychain Ventures LP reports its first sale in Feb 2018.
Size compared with every venture capital fund
Raised more than 96% of the 2,205 venture capital funds based in California, and more than 99% of all 14,800 that report sales.