Proof Dpqpi, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Apr 27, 2021, it has sold $15,675,593 of interests to 75 investors since its first sale in Apr 2021. 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. Related persons named in the filing include none PROOF GP, LLC; Thanasis Delistathis; John Backus.
- Total raised
- $15,675,593Cumulative sales reported on Form D
- Investors
- 75
- First sale
- Apr 15, 2021
- 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
- none PROOF GP, LLC; Thanasis Delistathis; John Backus
- Latest Form D
- Apr 27, 2021
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 Proof Dpqpi, LLC
What is the minimum investment for Proof Dpqpi, LLC?
Proof Dpqpi, LLC's latest Form D, filed Apr 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof Dpqpi, LLC?
Proof Dpqpi, 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 Proof Dpqpi, LLC raised?
Proof Dpqpi, LLC reports $15,675,593 sold from 75 investors on its Form D filed Apr 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof Dpqpi, LLC based?
Proof Dpqpi, LLC is based in Reston, Virginia.
When did Proof Dpqpi, LLC launch?
Proof Dpqpi, LLC reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 93% of the 138 venture capital funds based in Virginia, and more than 91% of all 14,768 that report sales.