Parallel Venture Capital, LP is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Mar 6, 2026, it has sold $5,100,000 of interests to 16 investors since its first sale in Sep 2025. The filing does not set a minimum investment. 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 Uri Gal; J Mark Pascale; Parallel Venture Capital GP, LLC.
- Total raised
- $5,100,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Sep 25, 2025
- Minimum investment
- None set
- 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
- Uri Gal; J Mark Pascale; Parallel Venture Capital GP, LLC
- Latest Form D
- Mar 6, 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 Parallel Venture Capital, LP
What is the minimum investment for Parallel Venture Capital, LP?
Parallel Venture Capital, LP's latest Form D, filed Mar 6, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Parallel Venture Capital, LP?
Parallel Venture Capital, 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 Parallel Venture Capital, LP raised?
Parallel Venture Capital, LP reports $5,100,000 sold from 16 investors on its Form D filed Mar 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Parallel Venture Capital, LP based?
Parallel Venture Capital, LP is based in Boston, Massachusetts.
When did Parallel Venture Capital, LP launch?
Parallel Venture Capital, LP reports its first sale in Sep 2025, 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 79% of the 540 venture capital funds based in Massachusetts, and more than 82% of all 15,160 that report sales.