Proof II Mc, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Apr 26, 2021, it has sold $4,796,750 of interests to 29 investors since its first sale in Apr 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 John Burke; John Backus, Jr; Thanasis Delistathis.
- Total raised
- $4,796,750Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Apr 12, 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
- John Burke; John Backus, Jr; Thanasis Delistathis
- Latest Form D
- Apr 26, 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 Mc, LLC
What is the minimum investment for Proof II Mc, LLC?
Proof II Mc, LLC's latest Form D, filed Apr 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Mc, LLC?
Proof II Mc, 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 Mc, LLC raised?
Proof II Mc, LLC reports $4,796,750 sold from 29 investors on its Form D filed Apr 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Mc, LLC based?
Proof II Mc, LLC is based in Reston, Virginia.
When did Proof II Mc, LLC launch?
Proof II Mc, LLC reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 82% of the 140 venture capital funds based in Virginia, and more than 81% of all 14,820 that report sales.