Tectonic Ventures Parallel, L.P. is a venture capital fund based in Newton, Massachusetts. According to its most recent Form D, filed Jun 22, 2017, it has sold $15,211,539 of interests to 43 investors since its first sale in Apr 2017. 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 General Partner Tectonic Ventures GP, LLC.
- Total raised
- $15,211,539Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Apr 28, 2017
- 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
- General Partner Tectonic Ventures GP, LLC
- Latest Form D
- Jun 22, 2017
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 Tectonic Ventures Parallel, L.P.
What is the minimum investment for Tectonic Ventures Parallel, L.P.?
Tectonic Ventures Parallel, L.P.'s latest Form D, filed Jun 22, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Tectonic Ventures Parallel, L.P.?
Tectonic Ventures Parallel, L.P. 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 Tectonic Ventures Parallel, L.P. raised?
Tectonic Ventures Parallel, L.P. reports $15,211,539 sold from 43 investors on its Form D filed Jun 22, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Tectonic Ventures Parallel, L.P. based?
Tectonic Ventures Parallel, L.P. is based in Newton, Massachusetts.
When did Tectonic Ventures Parallel, L.P. launch?
Tectonic Ventures Parallel, L.P. reports its first sale in Apr 2017.
Size compared with every venture capital fund
Raised more than 84% of the 531 venture capital funds based in Massachusetts, and more than 91% of all 14,820 that report sales.