Proof II Edi, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Oct 1, 2021, it has sold $5,464,671 of interests to 36 investors since its first sale in Sep 2021. 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 Thanasis Delistathis; John Backus, Jr; John Burke.
- Total raised
- $5,464,671Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Sep 20, 2021
- 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
- Thanasis Delistathis; John Backus, Jr; John Burke
- Latest Form D
- Oct 1, 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 II Edi, LLC
What is the minimum investment for Proof II Edi, LLC?
Proof II Edi, LLC's latest Form D, filed Oct 1, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Edi, LLC?
Proof II Edi, 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 Edi, LLC raised?
Proof II Edi, LLC reports $5,464,671 sold from 36 investors on its Form D filed Oct 1, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Edi, LLC based?
Proof II Edi, LLC is based in Reston, Virginia.
When did Proof II Edi, LLC launch?
Proof II Edi, LLC reports its first sale in Sep 2021.
Size compared with every venture capital fund
Raised more than 84% of the 140 venture capital funds based in Virginia, and more than 83% of all 14,840 that report sales.