Parcel B

Parcel B is an independent venture fund formed by Olin College alumni, not an official arm of the college. Its mandate limits investments to companies founded by people who attended Olin. The fund operates separately from the school's endowment or administration.

No. The fund's stated purpose is to invest exclusively in companies founded by Olin College alumni. Its deal sourcing lives entirely within that network, making it a single-school-focused vehicle.

Parcel B targets early-stage companies, specifically pre-seed and seed rounds. Its activity since the 2017 precursor period has centered on first institutional checks into Olin alumni-led startups.

Parcel B is structured as an asset manager, not a single-family office. It operates a pooled venture fund with capital sourced from Olin alumni and other limited partners. The firm does not disclose its LP base.

Parcel B's sector exposure follows Olin College's engineering curriculum and alumni startup activity: enterprise software, AI/ML, robotics and automation, climate technology, and digital health. The fund does not target sectors like fintech or biotech unless an Olin founder builds in those areas.

Parcel B has not publicly specified its lead-or-follow posture. As a small, single-institution-focused fund writing early checks, its model suggests participation alongside other angel groups or micro-VCs. The firm has not disclosed the names of its portfolio companies or the size of its investments.

Parcel B has not publicly disclosed its assets under management. The fund formalized in 2024, and its previous life as a loose alumni collective suggests a relatively small pool of capital. No external publication has reported a number.