Proof II Mhi, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Aug 26, 2021, it has sold $3,122,202 of interests to 29 investors since its first sale in Aug 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 none PROOF Management, LLC; John Burke; John Backus, Jr.
- Total raised
- $3,122,202Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Aug 17, 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
- none PROOF Management, LLC; John Burke; John Backus, Jr
- Latest Form D
- Aug 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 Mhi, LLC
What is the minimum investment for Proof II Mhi, LLC?
Proof II Mhi, LLC's latest Form D, filed Aug 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Mhi, LLC?
Proof II Mhi, 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 Mhi, LLC raised?
Proof II Mhi, LLC reports $3,122,202 sold from 29 investors on its Form D filed Aug 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Mhi, LLC based?
Proof II Mhi, LLC is based in Reston, Virginia.
When did Proof II Mhi, LLC launch?
Proof II Mhi, LLC reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 75% of the 140 venture capital funds based in Virginia, and more than 77% of all 14,840 that report sales.