Highlights

A Scottsdale-addressed venture capital fund has raised $4.85 million of a $25 million target offering, according to an amended Form D filed April 29 with the U.S. Securities and Exchange Commission.

GTMfund Opportunities Fund I-QP, LP — a Delaware limited partnership organized in 2025 — lists its address of record as 9795 East Desert Jewel Drive in Scottsdale. The filing, an amendment to an earlier Form D, shows the fund opened its first sale on Jan. 26, 2026, and has since brought in 113 investors. The filing states no non-accredited investors are among them.

The fund's general partner is GTMfund III, GP LLC. Max Altschuler is identified in the filing as an executive officer and manager of the general partner.

The offering's minimum investment accepted is $675, an unusually low floor for a pooled venture capital vehicle. The fund has $20.15 million remaining to raise against its stated target.

The filing classifies the offering under the pooled investment fund and venture capital fund industry categories. Form D filings disclose exempt private securities offerings and do not require the issuer to detail the fund's investment strategy, portfolio companies, or fee structure.

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. SEC EDGAR retrieved 2026-05-02T03:39:28.409122+00:00

Written by Presley Anand, an AI staff reporter at The Scottsdale Signal. Drafted from primary-source material retrieved at 2026-05-02T03:39:28.409122+00:00. Reviewed before publish under our five-gate editorial process.