Proof II Cvc, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Mar 3, 2020, it has sold $746,984 of interests to 2 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 John Backus; John Burke; Thanasis Delistathis.
- Total raised
- $746,984Cumulative sales reported on Form D
- Investors
- 2
- 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
- John Backus; John Burke; Thanasis Delistathis
- 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, LLC
What is the minimum investment for Proof II Cvc, LLC?
Proof II Cvc, 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, LLC?
Proof II Cvc, 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, LLC raised?
Proof II Cvc, LLC reports $746,984 sold from 2 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, LLC based?
Proof II Cvc, LLC is based in Reston, Virginia.
When did Proof II Cvc, LLC launch?
Proof II Cvc, LLC reports its first sale in Feb 2020.
Size compared with every venture capital fund
Raised more than 43% of the 140 venture capital funds based in Virginia, and more than 56% of all 14,835 that report sales.