THVC (Tonal 1), LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Jun 17, 2026, it has sold $7,000,000 of interests to 14 investors since its first sale in Mar 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Transformational Healthcare GP, LLC; Darren Hite.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Mar 30, 2026
- 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
- Transformational Healthcare GP, LLC; Darren Hite
- Latest Form D
- Jun 17, 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 THVC (Tonal 1), LLC
What is the minimum investment for THVC (Tonal 1), LLC?
THVC (Tonal 1), LLC's latest Form D, filed Jun 17, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in THVC (Tonal 1), LLC?
THVC (Tonal 1), LLC 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 THVC (Tonal 1), LLC raised?
THVC (Tonal 1), LLC reports $7,000,000 sold from 14 investors on its Form D filed Jun 17, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is THVC (Tonal 1), LLC based?
THVC (Tonal 1), LLC is based in San Francisco, California.
When did THVC (Tonal 1), LLC launch?
THVC (Tonal 1), LLC reports its first sale in Mar 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 71% of the 2,227 venture capital funds based in California, and more than 85% of all 14,865 that report sales.