IronArc Opportunities XXXII, LP is a venture capital fund based in Austin, Texas. According to its most recent Form D, filed Oct 5, 2026, it has sold $6,400,000 of interests to 3 investors since its first sale in Aug 2026. The minimum investment it accepts from an outside investor is $100,000. 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 Patrick Flynn; IronArc GP-A, LLC.
- Total raised
- $6,400,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Aug 27, 2026
- Minimum investment
- $100,000
- 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
- Patrick Flynn; IronArc GP-A, LLC
- Latest Form D
- Oct 5, 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 IronArc Opportunities XXXII, LP
What is the minimum investment for IronArc Opportunities XXXII, LP?
According to its latest Form D, filed Oct 5, 2026, the minimum investment IronArc Opportunities XXXII, LP accepts from an outside investor is $100,000.
Who can invest in IronArc Opportunities XXXII, LP?
IronArc Opportunities XXXII, LP 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 IronArc Opportunities XXXII, LP raised?
IronArc Opportunities XXXII, LP reports $6,400,000 sold from 3 investors on its Form D filed Oct 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is IronArc Opportunities XXXII, LP based?
IronArc Opportunities XXXII, LP is based in Austin, Texas.
When did IronArc Opportunities XXXII, LP launch?
IronArc Opportunities XXXII, LP 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 77% of the 495 venture capital funds based in Texas, and more than 84% of all 15,160 that report sales.