Propel (Nitrogen), LLC is a venture capital fund based in Reno, Nevada. According to its most recent Form D, filed Aug 27, 2026, it has sold $28,000 of interests to 9 investors since its first sale in Aug 2026. The minimum investment it accepts from an outside investor is $2,000. 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 Tim Kelly.
- Total raised
- $28,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Aug 27, 2026
- Minimum investment
- $2,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Tim Kelly
- Latest Form D
- Aug 27, 2026
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 Propel (Nitrogen), LLC
What is the minimum investment for Propel (Nitrogen), LLC?
According to its latest Form D, filed Aug 27, 2026, the minimum investment Propel (Nitrogen), LLC accepts from an outside investor is $2,000.
Who can invest in Propel (Nitrogen), LLC?
Propel (Nitrogen), LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Propel (Nitrogen), LLC raised?
Propel (Nitrogen), LLC reports $28,000 sold from 9 investors on its Form D filed Aug 27, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Propel (Nitrogen), LLC based?
Propel (Nitrogen), LLC is based in Reno, Nevada.
When did Propel (Nitrogen), LLC launch?
Propel (Nitrogen), LLC reports its first sale in Aug 2026, 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 20% of the 142 venture capital funds based in Nevada, and more than 2% of all 15,160 that report sales.