Propel(x) Syndicates LLC - Grep VC Surgimatix is a venture capital fund based in Reno, Nevada. According to its most recent Form D, filed Oct 1, 2026, it has sold $2,405,000 of interests to 35 investors since its first sale in Sep 2026. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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
- $2,405,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Sep 17, 2026
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Tim Kelly
- Latest Form D
- Oct 1, 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(x) Syndicates LLC - Grep VC Surgimatix
What is the minimum investment for Propel(x) Syndicates LLC - Grep VC Surgimatix?
According to its latest Form D, filed Oct 1, 2026, the minimum investment Propel(x) Syndicates LLC - Grep VC Surgimatix accepts from an outside investor is $10,000.
Who can invest in Propel(x) Syndicates LLC - Grep VC Surgimatix?
Propel(x) Syndicates LLC - Grep VC Surgimatix is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Propel(x) Syndicates LLC - Grep VC Surgimatix raised?
Propel(x) Syndicates LLC - Grep VC Surgimatix reports $2,405,000 sold from 35 investors on its Form D filed Oct 1, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Propel(x) Syndicates LLC - Grep VC Surgimatix based?
Propel(x) Syndicates LLC - Grep VC Surgimatix is based in Reno, Nevada.
When did Propel(x) Syndicates LLC - Grep VC Surgimatix launch?
Propel(x) Syndicates LLC - Grep VC Surgimatix reports its first sale in Sep 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 66% of the 142 venture capital funds based in Nevada, and more than 74% of all 15,160 that report sales.