Proof II Cvc C1, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Mar 3, 2020, it has sold $1,699,690 of interests to 19 investors since its first sale in Feb 2020. 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. Related persons named in the filing include PROOF Management, LLC PROOF Management, LLC; Thanasis Delistathis; John Burke.
- Total raised
- $1,699,690Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Feb 19, 2020
- 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
- PROOF Management, LLC PROOF Management, LLC; Thanasis Delistathis; John Burke
- Latest Form D
- Mar 3, 2020
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 II Cvc C1, LLC
What is the minimum investment for Proof II Cvc C1, LLC?
Proof II Cvc C1, LLC's latest Form D, filed Mar 3, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Cvc C1, LLC?
Proof II Cvc C1, LLC 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 Proof II Cvc C1, LLC raised?
Proof II Cvc C1, LLC reports $1,699,690 sold from 19 investors on its Form D filed Mar 3, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Cvc C1, LLC based?
Proof II Cvc C1, LLC is based in Reston, Virginia.
When did Proof II Cvc C1, LLC launch?
Proof II Cvc C1, LLC reports its first sale in Feb 2020.
Size compared with every venture capital fund
Raised more than 65% of the 140 venture capital funds based in Virginia, and more than 69% of all 14,829 that report sales.